New Braunfels, Texas DeMoGRAPhIC PRoFILe

New Braunfels, Texas Demographic profile

new braunfels Opportunities don t just grow here. Communities like New Braunfels are unique. Refined by old-world German heritage and complemented by an affordable and unmatched quality of life, it s no wonder our population has grown 58% in the last decade. New Braunfels also boasts exceptional transportation networks, multiple universities within a 30-minute drive, and a pro-business leadership, tax and regulatory environment. Companies such as Ashley Furniture, HD Supply, Vanguard Health Systems and Leisure Pools have already realized the advantages of a growing, well-trained, 450,000 person strong workforce. These recent expansions and relocations have further strengthened our industry bases in manufacturing, healthcare, logistics and distribution, and aviation businesses. Plus, with over 300 days of sunshine a year and 500+ acres of outdoor water recreation, including Schlitterbahn (America s #1 waterpark), New Braunfels is the premier destination for work or play year round. 2

strategic location Centered between Austin and San Antonio Each year, more than 3 million visitors come to New Braunfels to explore the shopping and recreational activities steeped in German culture and heritage. The city s strategic location has created opportunities for growth in the global market and an ability to satisfy the needs of the international shopper. Located almost equal distance between the seventh largest city in the U.S. (San Antonio) and the State Capitol (Austin), New Braunfels has easy access to major highways with IH-35 (a major NAFTA artery) running through the city s center, and IH-10 only 10 minutes east. New Braunfels strategic location is 15 minutes from a new Caterpillar manufacturing plant, 45 minutes from a Toyota manufacturing plant and only a 3-hour drive to trade gateways into Mexico, Central and South America. Additionally, New Braunfels is close to nearby air, rail and bus services. Highways Serving Area Located on Interstate 35 (north-south system) and nine miles from Interstate 10 (east-west system) connected by State Highway 46. Loop 337 circles the city, connecting IH-35 north and south. A proposed outer loop is being assessed by local officials in response to a 2005 thoroughfare plan in an effort to accommodate future traffic congestion. Bus Greyhound/Trailways 7 northbound and 6 southbound daily. Distance to Major Cities New Braunfels is within a four-hour drive of over 12 million people. San Antonio 30 Austin 45 Houston 178 Corpus Christi 176 Laredo 196 Dallas 245 Monterrey 431 Mexico City 781 Los Angeles 1383 New York 1786 AMARILLO LUBBOCK Motor Freight Carriers Central, Consolidated, and Roadway Express serve the city. Southeastern has a local terminal. FedEx has a large terminal servicing the New Braunfels and Comal County area. EL PASO FORT WORTH DALLAS Railroads Union Pacific 38 daily freight trains (19 northbound and 19 southbound) with a local switcher. AUSTIN NEW BRAUNFELS SAN ANTONIO HOUSTON Air Service Non-commercial jet service is available at New Braunfels Regional Airport. Commercial service is available at San Antonio International Airport, only a 25-minute drive, served by most major carriers (21). Austin-Bergstrom International Airport is 45 minutes north and is served by 17 major carriers. CORPUS CHRISTI New Braunfels Regional Airport The extension of FM 306 near the new retail development, Town Center at Creekside, has paved the way for easier access to the New Braunfels Regional Airport (BAZ). The recently adopted Airport Master Plan gives a targeted direction to increase airport traffic and business development. Complete with 8.5 million in improvements in t-hangars, runways, drainage, signage, a new 1.5 million Air Traffic Control Tower and a 5,000 sq. ft. terminal building, the New Braunfels Regional Airport continues to provide a safe and efficient portal with upscale, quality service. Traffic Counts Traffic Intersection # of Cars IH-35N & Watson Lane 90,000 IH-35 & Hwy 46 118,000 Hwy 46E & FM 1101 32,000 Hwy 46W & Loop 337 20,000 IH-35S & Walnut 121,000 Hwy 46W & FM 2722 12,600 Hwy 46E & FM 758 20,000 IH-35N & FM 725 134,000 Runway 17/35 is 5,364 x 100 ft., Weight Limitations - Single wheel: 35,000 lbs Runway 13/31 is 5,352 x 100 ft. (will extend to 6,250 ft. in 2013), Weight Limitations - Single wheel: 60,000 lbs 3

demographics Growing Population New Braunfels is experiencing an unprecedented growth rate growing at an average of 4-6% per year, a 58% increase in the last decade. The city s population surpassed 56,000 in 2008 and is projected to reach 70,000 by 2015. Founded in 1845 by German settlers, New Braunfels population consists largely of German and Hispanic descendants. The Median age for New Braunfels is 35.4; Average Family Size is 3.18. 2011 Population by Gender Comal County Housing Units 50,000 FEMALE 30,733 51.85% MALE 28,543 48.15% 40,000 30,000 20,000 10,000 0 2000 33,031 2001 34,290 2002 34,472 2003 36,880 2004 38,513 2005 40,240 2006 42,285 2007 42,285 2008 44,397 2009 46,107 2010 47,300 28% increase over the last 8 years. Source: AGS 2010 2011 Population by race White 51,210 (86.39%) 2012 Population by Educational Attainment Less than 9th grade 3,130 Other 4,839 (8.16%) Black or African American 1,113 (1.88%) Grades 9-12 3,190 High School Diploma 11,085 Bachelor s Degree 8,145 Asian 559 (.94%) American Indian & Alaska Native 395 (.67%) Source: AGS 2011 2011 Major Employers Employer - Product or Service Employees 4 2011 Population by age Source: AGS 2011 65 + 8,231 (13.89%) 60 64 3,055 (5.5%) 50 59 7,055 (11.9%) 40 49 7,960 (13.44%) 30 39 8,330 (14.05%) 20 29 7,449 (12.57%) 10 19 8,338 (14.07%) 5 9 4,477 (7.55%) Under 5 4,371 (7.37%) Comal School District 2,300 Schlitterbahn Waterpark 1,800 Seasonal The Scooter Store 1,400 Wal-Mart Distribution Center 1,200 New Braunfels School District 912 Christus Santa Rosa Hospital - New Braunfels 900 HD Supply 600 Hunter Industries, Ltd. Highway 500 City of New Braunfels 450 Wal-Mart SuperCenter Retail Store 435 Checks in the Mail 328 HEB Grocery 300 Source: www.buildnb.org

talent Skilled, Reliable Workforce The center of a well-trained available workforce, New Braunfels touts a strong work ethic among its population. The diverse industry sector employs workers in a variety of professions including: aerospace, automotive, construction, engineering, finance, healthcare and manufacturing. In the last nine years, the workforce has increased 37% and new primary jobs doubled since 2003, averaging 741 primary jobs per year. Available Workforce Comal County New Braunfels CLF 56,181 29,496 Employed 52,384 27,768 Unemployed 3,797 1,727 Rate 6.8 5.9 Texas Unemployment Rate 7.6 TWC, June 2012 Average Hourly Wage Rate Wage Rates 20 19 18 17 16 15 14 13 12 11 10 2011 2nd QTR 16.15/hour 17.24/hour Tri-county (Comal, Guadalupe and Hays) Average Weekly Wage is 17.15/hr Source: Texas LMCI Tracer, 2011 2011 3nd QTR 2011 4th QTR 18.06/hour 2011 Commute to Work Source: Buildnb.org 450,000+ Workforce within a 30-minute commute Car, Truck, or Van Drove Alone 76.3% Car, Truck, or Van Carpooled 9.7% Walked 2.8% Other Means 1.2% Worked at Home 4.3% Mean Travel Time to Work (minutes) 22.7 Source: Census.gov, 2011 ACS 5

quality of place Affordable Cost of Living, Unique Quality of Life An affordable cost of living is enhanced by low city, county and school district taxes to create a composite cost of living score 7.6% below the national average and only rising by 1.6% in the last two years. Average home prices are on par with the national average. New Braunfels is considered a great place to live, work and play. Median Home Value New Braunfels ISD 180,209 City of New Braunfels 165,474 Tri-County Area 163,000 50,000 100,000 150,000 200,000 Utilities Electricity Supplier: LCRA Distributor: NBU Avg Monthly Bill: Residential: 86.95/1,000 kwh water/wastewater Supplier: Wells, Surface Water/ Aquifer Distributor: NBU Avg. Monthly Bill: Residential: 26.71/8,484 gallons Commercial: 67.22/28,725 gallons Natural Gas Supplier: Enterprise Products Partners Distributor/Source: CenterPoint Energy Avg. Monthly Bill: Residential: 10.33/mcf; Commercial: contracts available Source: Buildnb.org, NBCLAAR Per capita and household income New Braunfels 2011 Comal Co. 2011 Hays Co. 2011 Guadalupe Co. 2011 NB % Change from 2000 Median Household Income 56,334 64,028 55,770 62,063 +111% Per Capita Income 25,729 31,641 25,474 25,012 +35% Total Households 20,425 39,883 52,760 43,962 +50% Median Family Income 67,636 76,309 69,748 73,647 +45% % Below Poverty Level 7.7% 6% 8.1% 8.5% -29% Source: Census.gov, 2011 ACS Cost of Living Comparison City largest % Less Price Factor in NB Buda, TX Housing 17% Katy, TX Utilities 7% Denton, TX Housing 11% Mesquite, TX Utilities 23% Pflugerville, TX Healthcare 24% Chicago, IL Housing 42% Cranston, RI Housing 41% Decatur, AL Utilities 16% Eau Claire, WI Healthcare 11% Portland, OR Housing 48% Sacramento, CA Housing 38% White Plains, NY Housing 70% bestplaces.net, COL calculator Rental-Occupied Units # Renter-occupied units 8,532 Median cost (dollars) 841 Source: Census.gov, 2011 ACS Median cost of rental & mortgage rates # Housing units with a mortgage 19,958 Median cost (dollars) 1,438 Source: Census.gov, 2011 ACS Property Tax Rates Ad Valorem Taxes by Taxing Authority Rate per 100 Valuation on 100% of Current Market Value City of New Braunfels 0.467344 Comal County 0.350421 Comal ISD 1.43 New Braunfels ISD 1.3391 State of Texas 0.00 Total tax rate if in CISD 2.247765 Total tax rate if in NBISD 2.156865 Sales tax: (6.25% state, 1.5% city,.5% county) 8.25% 6 NO PERSONAL OR CORPORATE INCOME TAX IN TEXAS

education Making Room for Future Generations Comal County and the City of New Braunfels each have a school district. New Braunfels ISD (NBISD) is primarily within the city limits, Comal ISD (CISD), which spans 589 miles of central Texas, includes parts of five central Texas counties: Comal, Bexar, Hays, Kendall and Guadalupe. CISD includes 18 elementary schools, five middle schools and three high schools and is rated as a Recognized school district by the Texas Education Agency. NBISD includes 14 total schools and is rated as an Academically Acceptable school district by the TEA. To keep pace with the explosive population growth in the area, both CISD and NBISD have passed bonds to build and expand schools, upgrade technology and purchase land for future schools. In 2005, CISD voters passed a 189 million bond issue followed by another bond in 2008 for 213 million to build three new elementary schools and expand the current middle and high schools. NBISD voters passed a 42 million bond package in May 2006 to address current and projected student enrollment. For more information about CISD, visit www.comalisd.org, and for NBISD, visit www.newbraunfels.txed.net. 2012 2013 Enrollment Student / Teacher Ratio May 2012 Graduates Attendance Rate (TX Avg 95.5%) New Braunfels ISD 8,500 15.3/1 571 95.4% Comal ISD 18,000 15.2/1 1,147 95.6% PRIVATE, PAROCHIAL AND SPECIAL SCHOOLS IN NEW BRAUNFELS Calvary Baptist Academy Cross Lutheran School New Braunfels Christian Academy Sts. Peter & Paul Catholic School Nearby Colleges/Universities Texas Lutheran University in Seguin, 13 miles east Texas State University in San Marcos, 16 miles north Colleges and Universities in San Antonio* (36 Miles south of New Braunfels) Northeast Lakeview Campus Our Lady of the Lake University San Antonio College St. Mary s University The University of Texas at San Antonio Trinity University University of the Incarnate Word Property tax comparison Bastrop ISD 1.54 Hays/Buda ISD 1.77 COMAL ISD 1.43 NBISD 1.34 NEISD (San Antonio) 1.42 Pflugerville ISD 1.47 Schertz ISD 1.43 0.0 0.5 1.0 1.5 2.0 *This list does not include all campuses in the San Antonio area. Central Texas Technology Center (CTTC) The New Braunfels 4B Economic Development Board and the Seguin 4A Economic Development Board partnered with The Alamo Colleges to open The Central Texas Technology Center (CTTC), located in New Braunfels. The CTTC provides higher education opportunities, and serves as a regional workforce development campus for New Braunfels, Seguin and the surrounding area. The Center offers a wide range of academic, technical and continuing education programs, and includes associate degrees from The Alamo Colleges. Students can complete licensing and certification requirements in many trade programs through specialized curriculum. Workforce training programs can be created or tailored to fit the needs of the local industries as an added benefit. 7

Build NB is a non-profit umbrella organization that serves as the public/private partnership involving the City of New Braunfels via their 4B Board, the Greater New Braunfels Economic Development Foundation and The Greater New Braunfels Chamber of Commerce. Our role is to provide a confidential, single point of contact, and offer corporate support for businesses looking to create new jobs in the area; either by relocating new business or helping existing ones expand. Visit www.buildnb.org to learn more about the services and incentives we offer. OUR SERVICES Regional demographic and socioeconomic data Site selection information through our GIS driven New Braunfels Prospector program Introductions/testimonials with industry professionals Coordination of labor market analysis Arrangement of community briefings and custom tours of New Braunfels Introduction to community partners Preparation of a customized package of Local/State Incentives Assistance with specialized market research needs Follow-through with the development process Permit expediting through city departments Build NB Partners Michael Meek Chamber President Dr. Carlos Campos GNBEDF President Tim Zipp NBIDC Board President Rusty Brockman Economic Development Director Holly Covington Research and Marketing Director Brittney Overstreet Administrative Assistant 390 S. Seguin Ave New Braunfels, TX 78130 866.927.0905 info@buildnb.org BuildNB.org