0 Articles
0 News
0 Properties
0 Page
0 Blog
Custom Report Builder
Items in report
0
0 Articles
0 News
0 Properties
0 Page
0 Blog

Industry Sectors

The table and chart below provide the industry concentration and projected growth of industries in Denton County over the next decade.  The greatest growth can be seen in the Utilities, Automotive, Education and Retail industry clusters.  These are followed by Construction, Consumer Services and Financial Service industries.  All of these industries have a location quotient, greater than one, illustrating that Denton County has a higher concentration than the national average in these industries.  The projected annual growth rate over the 10-year period is above 2.4% for these sectors.  The greatest annual growth rate, among these industries, is projected in the construction sector at 3.3%.

Ten-Year Forecast of the Industry in Denton County

Industry Group Avg. Annual
Employment
Forecase Rate%
2017Q2-2027Q2
Average Wages Location
Quotient
Utilities 1.42 $75,389 2.02
Auto/Auto-related 2.31 $64,582 1.54
Education 2.12 $42,754 1.26
Retail 2.61 $43,346 1.22
Construction 3.30 $58,790 1.17
Consumer Svc. 2.59 $25,218 1.15
Financial Svc 2.63 $76,831 1.09
Professional Svc 3.11 $67,323 0.93
Freight Tran. 2.1 $51,966 0.92
Metal & Product Mfg. 2.03 $63,709 0.90
Wood/Paper 1.96 $63,373 0.85
Health 4.14 $47,773 0.79
Machinery Mfg. 1.39 $58,467 0.79
Electric/Electronics Mfg. 1.16 $86,536 0.65
Coal/Oil/Power 1.98 $84,283 0.63
Media 1.86 $47,335 0.59
Public Admiin. 2.28 $64,481 0.54
Source:  JobsEQ® Data as of 2017Q2
LQ>1 = higher than national average concentration


A closer view of all industries in Denton County with the number of jobs, average earnings per job and the Location Quotient for 2018.

Description 2018 Jobs Avg. Earnings 2018 Location Quotient
Transportation and Warehousing 14,137 $53,344 1.38
Accommodation and Food Services 30,439 $22,299 1.25
Construction 19,364 $63,015 1.23
Real Estate and Rental and Leasing 5,860 $49,128 1.23
Wholesale Trade 12,620 $89,245 1.21
Retail Trade 34,240 $36,892 1.20
Other Services (except Public Administration) 14,834 $28,610 1.10
Professional, Scientific, and Technical Services 19,667 $87,941 1.07
Arts, Entertainment, and Recreation 5,228 $25,828 1.06
Adminstrative and Support and Waste Mgmt and Remediation Services 16,941 $50,005 0.96
Government 39,973 $70,966 0.94
Healthcare and Social Assistance 29,790 $56,509 0.83
Finance and Insurance 9,435 $79,310 0.83
Manufacturing 17,032 $80,471 0.76
Unclassified Industry 290 $54,390 0.76
Information 3,780 $88,322 0.73
Utilities 706 $105,843 0.73
Management of Companies and Enterprises 2,777 $109,161 0.68
Edcuation Services 4,966 $34,355 0.68
Mining, Quarrying, and Oil and Gas Extraction 514 $109,270 0.44
Agriculture, Forestry, Fishing, and Hunting 704 $38,750 0.21
Source:  Emsi, Q2 2019
LQ>1 = higher than national average concentration


 
Denton Chamber of Commerce officials announced this week that U.S. Cold Storage has purchased 40 acres to build a new warehouse...
Robson Ranch - Denton, TX Named One of the Most Active Communites by 55Places.com
University of North Texas Named #1 of the Top Ten Schools in the Texas Public University System by America Unraveled