Come grow with us...TEXAS

JARRELL

JarrellEconomicDevelopmentCorporation

1 Overview2 Location map3 City of Jarrell Boundaries map4 Mayor’s Message5 Demographics6 Government7 Schools - JISD8 Schools - Universities9 Housing10 Healthcare facilities11 Area growth12 Area growth13 Employment - Statistics14 Employment - Major Jarrell Employers15 Employment - Williamson County Jobs by Industry16 Income 17 Taxes18 Taxes19 Incentives20 Contacts

21 Appendix Recharge Zone Zoning Tra�c Count Map

TABLE OF CONTENTS

OverviewAs President of the Jarrell Economic Development Corporation, I’d like to thank you for your interest in Jarrell. If you are considering an expansion project or starting a new business, there are a few things about Jarrell that I would like you know.

First is that the city government and Boards share a common vision and their combined e�orts are focused on “Creating Reality from Vision”. The leadership of this community is focused on the goal of preserving our values and strengthening the economic tie that binds us together. We want this to be a great place for families to live, work, and play.

Second, Jarrell is centrally located on Interstate Highway 35, linking Canada, the United States, and Mexico. The importance of IH-35 is its transportation linkage between the three great countries. By facilitating the �ow of trade from Canada through the United States to Mexico, IH-35 places Jarrell right on top of the largest trade bloc in the world.

Third, and closer to home, Jarrell is fortunate to be at most 3.5 hours from some of the most signi�cant consumer bases and manufacturing bases in Texas. Austin, San Antonio, Dallas/Ft. Worth, and Houston, internationally recognized economic development engines, are driving business opportunities through and to Jarrell.

Beyond our location and transportation bene�ts, there is an abundance of reasonably priced land with favorable topography, the availability of a signi�cant quality labor force, and a community that is focused on directing its growth in a positive manner. Incentives are available for the goal of expanding the economic base of Jarrell with a desire to bring in more who share the values of Jarrell. The leadership in place is ready to develop the relationships necessary to make this happen.

The Jarrell Independent School District has outstanding leadership, and is growing, fueled by continually growing subdivisions in all quadrants of the community. Known for its laid back lifestyle, more families are calling Jarrell home. And with the arrival of new citizens, come the opportunities for entrepreneurs to play their role in growing Jarrell.

We like it here; we like our options, and we are poised to grow together. With this brochure we hope that you can see that All Roads Lead to Jarrell. If you would like more information, then come visit us and we will be happy to show you the opportunities in Jarrell, Texas.

Page 1

Wayne CavalierPresidentJarrell Economic Development Corporation

35

LEGEND:Interstate - Toll Road - Highway - Freeway, major thoroughfare -

Jarrell, Texas is

centrally located

on IH-35, just

north of Austin...

RegionalAirport

LOCATION

Page 2

§̈¦35

BELLWILLIAMSON

SH 195

FM 972

W FM

 487

CR 234

CR 239

CR 233

CR 314

CR 305

CR 150

CR 329

FM 284

3

CR 232

CR 302

CR 313

CR 303

CR 311

CR 143

CR 382

CR 307

CR 316

CR 237CR 1

46

CR 318

CR 328

CR 319

FM 1105

CR 332

CR 315

CR 147

CR 144

CR 330

CR 317

CR 238

CR 230

CR 344

CR 141CR 308

CR 331

CR 145

CR 216

CR 388

CR 229

CR 231

CR 312

CR 310

CR 375

E FM 487

CR 153

CR 142

CR 156

CR 306

W CR 304

CR 196

CR 370

CR 3001

CR 372

CR 147

FM 1105

E FM 487

City of Jarrell, Texas

1 inch = 2 miles

Overview Map

RoadsCity LimitsETJISDCounty

Map Legend

Metadata: Jarrell2.mxd produced on 1-12-11. For additional info contact CAPCOG at (512) 916-6000.Disclaimer: The Capital Area Council of Governments (CAPCOG) provides this map and/or data 'as is' and assumes no liability for its accuracy or completeness. This is intended as a general representation only and is in no way intended to be used as survey grade information.

0 1 2

µ

TAXES

O�ce of the Mayor

Welcome to the City of Jarrell and its opportunities for development and growth. We thrive on, and are open to new development, and have enacted many new infrastructure projects to support new growth and development in our City.

Since our city incorporated in 2001, business growth in Jarrell has driven the sales tax revenues up by an average of 38% a year. The population of Jarrell within the Jarrell Independent School District boundaries has grown dramatically and is currently 12,500. With the number of new planned subdivisions on the horizon we expect the growth in Jarrell to outpace the fastest growing cities in Texas.

We recognize the value of partnerships and commitments that are necessary for future growth. When we needed to secure water resources for the area for future growth we partnered with Sonterra M.U.D. and Jarrell-Schwertner Water Supply Corporation, and then entered into an agreement with the Lone Star Regional Water Authority. That partnership will bring 10.5 million gallons of treated water a day from the Brazos River Authority facility at Lake Granger.

As we welcome new citizens to our community, the City is hard at work preparing for this growth. Our Capital Improvement Plan addresses this by recently doubling the City’s wastewater treatment capacity, with plans to double that within 2 years. The Capital Improvement Plan also provides for running water lines down the IH-35 corridor to support commercial and residential growth in the southern part of our city limits.

We work closely with the Jarrell Independent School District and the Emergency Service District #5, both of which provide important services to the area. The Jarrell ISD is constantly expanding for growth and we are acquiring land in the south part of the City to support expanded Fire Services, JISD transportation services and growth of the Jarrell Police Department.

We look forward to having you join us and reap the success that one of the fastest growing areas in Central Texas has to o�er.

Page 18

MAYOR’S MESSAGE

Page 4

OVERVIEW

The City of Jarrell and the Jarrell Independent School District (82 sq mi) demonstrates signs of healthy population growth. The growth outlook is very positive as Jarrell resides on the northern boundary of one of the fastest growing MSAs in the nation, the Austin-Round Rock MSA, and is located directly on Interstate 35. The data re�ects that as the population of Jarrell increases, the median age decreases.

DEMOGRAPHICS

Source on all tables: Sites on Texas 2.0

Page 5

SUMMARY 2010Census

2019Es�mate

Increase/Decrease from 2010

2024Forecast

Increase/Decrease from 2019

Popula�on 8,265 13,076 58.2% 15,564 19.0%

Households 3,630 5,327 46.7% 6,214 16.7%

Families 2,519 3,761 49.3% 4,394 16.8%

Average Household Size

2.73 2.93 7.3% 2.99 2.0%

Median Age 54.6 45.7 -16.3% 42.9 -6.1%

Owner Occupied Housing Units

3,187 4,838 51.8% 5,680 17.4%

Renter Occupied Housing Units

442 490 10.9% 532 8.6%

Median Household Income

$55,122 $63,038 14.4% $69,958 11.0%

Median Home Value $228,183 $243,859 6.9%

Per Capita Income $28,847 $34,245 18.7% $37,517 9.6%

Popula�on Change Jarrell Texas USA% Change % Change % Change

2000 Census2010 Census 100.2% 20.6% 8.9%2019 Projec�on 58.2% 17.1% 7.7%2024 Projec�on 19.1% 8.1% 3.9%

Popula�on byRace / Ethnicity 2010 Census 2019 Es�mate 2024 Forecast

Number Percent Number Percent Number Percent

White 7,248 87.7% 10,449 79.9% 11,891 76.4%

Black 132 1.6% 379 2.9% 576 3.7%

Na�ve American 34 0.4% 78 0.6% 93 0.6%

Asian 58 0.7% 184 1.4% 249 1.6%

Pacific Islander 8 0.1% 26 0.2% 47 0.3%

Some Other Race 628 7.6% 1,503 11.5% 2,101 13.5%

Two or More Races 157 1.9% 458 3.5% 607 3.9%

Hispanic Origin (any race)

1,529 18.5% 3,688 28.2% 5,136 33.0%

Incorporation:

Jarrell is a General Law City Type A, incorporated in 2001, with an incorporated area of 3.12 square miles. The extraterritorial jurisdiction (ETJ) for Jarrell contains 17.83 square miles.

City Council:

The City Council meets on the 4th Tuesday of the month at 7 p.m. in the City Council Chambers located at 161 Town Center Blvd. in Jarrell. The Mayor and Council serve two-year terms, with annual elections held in November.

Planning and Zoning:

The Planning and Zoning Commission meets annually in October. The �ve-member board serves 2-year terms. Uni�ed Development Code, approved by the City Council, can be viewed online at the City’s website at www.cityo�arrell.com.

The City Council acts as the Zoning Board of Adjustments and meets as needed.

Road Committee:

The Road Committee meets as needed. The seven-member committee serves 2-year terms.

County Seat:

The U.S. Census Bureau lists Williamson County with an estimated 2013 population of 471,014. This makes Williamson County one of the fastest growing counties in the nation and is an 11% increase over the Census Bureau’s estimated 2010 �gures. Williamson County is easily the second most populous county, behind Travis County, in the Austin MSA. Georgetown serves as the County Seat.

County O�ces:

For a complete listing of all County o�ce locations, hours of operation, and services provided, go to http://www.wilco.org.

2% Sales Tax Distribution

City of Jarrell0.500

Property Tax Offset0.250

Street Maintenance0.125

4A EDC0.125

GOVERNMENT

Taxes:

The city sales tax is 2% and is divided with 1% going to the City, .5% to Property Tax O�set, .25% to Street Maintenance, and .25% to 4A EDC. Reference the Taxes section for additional information.

Page 6

Jarrell Independent School District

From crayons to college, education has long been a to priority for residents of the Jarrell Independent School District. The academic success of the JISD is evident from the Gold Performance Awards for commended academics from the Texas Education Agency..

While there is a focus on traditional educational programs, there is always a commitment to constantly look for better ways to serve students and families. The Jarrell Independent School District encourages you to become familiar with the district - where they strive to develop minds that think, hearts that care, and hands that serve.

The Jarrell ISD has high expectations for all students and makes every e�ort to attract and retain the most quali�ed teachers available who will enhance the positive image of its schools in the community. The caring atmosphere provided by these teachers will help promote the positive self-image for the students in the district. JISD will encourage positive sta� morale by provide clean and attractive campuses while students bene�t from a low student to teacher ratio across the district.

JISD continues its incredible growth over an area that contains approximately 95 square miles and includes 5 campuses, two elementary schools, intermediate, middle, and high school. District wide enrollment for the 2019/2020 school year is 2,110 students. District enrollment is projected to grow to 3,310 students by 2023/24, and to 4,950 by 2028/2029, or a 134% increase, averaging from 7% to 11% annually.

SCHOOLS

Jarrell Elementary School Jarrell High School

Page 7

2019 Population 25+ by Educational Attainment

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024Esri converted Census 2000 data into 2010 geography.

Per JISD Boundary Number Percent

Total

Less than 9th Grade 316 3.3

9th-12th, No Diploma 278 2.9

High School Graduate 1,904 19.9

GED/Alterna�ve Creden�al 421 4.4

Some College, No Degree 2,316 24.2

Associate Degree 1,110 11.6

Bachelor's Degree 2,076 21.7

Graduate/Professional Degree 1,148 12

Totals: 9,569 100

UNIVERSITIES The City of Jarrell is located in close proximity to an abundance of higher education campuses. Excellent academic programs allow for continuing education for the existing labor force and make for an immediate source of well-educated employees.

SCHOOLS

Page 8

Community College/College/University Loca�on 2018 Enrollment

Within 50 miles:

Aus�n Community College System Aus�n 40,799

Art Ins�tute of Aus�n Round Rock 546

Central Texas College Killeen 16,073

Concordia University Aus�n 2,568

Huston-Tillotson University Aus�n 1,119

St. Edwards University Aus�n 4,301

Southwestern University Georgetown 1,434

Temple College Temple 4,911

Texas State University San Marcos 38,644

Texas State University Round Rock

Texas A&M Central Texas Killeen 2,464

University of Mary Hardin-Baylor Belton 3,888

University of Texas at Aus�n Aus�n 51,832

Within 100 miles:

Baylor University Waco 17,217

Blinn College Brenham 21,623

McClennan Community College Waco 8,955

Texas A&M University College Sta�on 68,679

Texas Lutheran University Seguin 1,443

Texas State Technical College Waco 12,445

Within 175 miles:

Prairie View A&M Prairie View 9,516

Rice University Houston 7,124

Sam Houston State University Huntsville 21,213

Southern Methodist University Dallas 11,649

Texas Chris�an University Fort Worth 10,918

Texas Southern University Houston 9,732

University of Houston Houston 46,324

University of Texas at Arlington Arlington 47,889

University of Texas at San Antonio San Antonio 32,264

Source: h�ps://nces.ed.gov/collegenavigator/

HOUSEHOLD UNITS AND SIZE The outlook for housing in Jarrell is strong, with the City leadership forecasting 7,000 new homes to be built between 2020 and 2023.

In Jarrell, home ownership remains extremely high when compared to renting a home. The availability of a�ordable housing is obvious in Jarrell. The 2010 Census revealed 80.7% of those living in Jarrell owned their own home. That far exceeded the 65% in Williamson County and the 57% for the State. Forecasts for 2024 shows that di�erential become even wider with Jarrell projected to climb to 85.4% home ownership, while Williamson County rises to 68.5% and the State actually drops very slightly to 56.5%.

HOUSING

If you are in the market to purchase a home, the 2019 median home value in Jarrell is $228,183 while the median home value in Williamson County is $257,631. Homes in Jarrell bene�t from accessing the additional amenities available from the Austin/Round Rock MSA to the south and the Killeen/Temple/Fort Hood MSA to the north.

Page 9

Source: Sites on Texas 2.0

Household by Occupancy Trends2010 Census 2010 Census 2019 Es�mate 2019 Es�mate 2024 Forecast 2024 Forecast

Number Percent Number Percent Number PercentJarrellOwner Occupied 3,188 80.7 4,838 84 5,680 85.4Renter Occupied 442 11.2 490 8.5 532 8Vacant 320 8.1 432 7.5 439 6.6

Total 3,950 100 5,760 100 6,651 100

Williamson CountyOwner Occupied 105,802 65 147,765 67.2 174,535 68.5Renter Occupied 46,879 28.8 58,271 26.5 65,227 25.6Vacant 10,092 6.2 13,853 6.3 15,033 5.9

Total 162,773 100 219,889 100 254,795 100

TexasOwner Occupied 5,687,138 57 6,417,984 56.1 6,956,766 56.5Renter Occupied 3,232,689 32.4 3,969,769 34.7 4,260,250 34.6Vacant 1,057,608 10.6 1,052,503 9.2 1,095,845 8.9

Total 9,977,435 100 11,440,256 100 12,312,861 100

HEALTHCARE

Page 10

Hospitals and Healthcare Loca�on Beds Impa�ent Admissions

Hospitals:

Baylor Sco� & White Emergency Hospital 900 E Whitestone Blvd, Cedar Park

8 18

Cedar Park Regional Medical Center/Seton

1401 Medical Parkway, Cedar Park

108 5,038

St. David’s Georgetown Hospital 2000 Scenic Drive, Georgetown

114 5,083

Adventhealth Central Texas 2201 South Clear Creek Road, Killeen

177 5,890

Encompass Health Rehabilita�on Hospital

1400 Hesters Crossing, Round Rock

207 6,606

Ascension Seton Williamson County 201 Seton Parkway, Round Rock

149 7,304

St. David's Round Rock Medical Center 2400 Round Rock Ave, Round Rock

171 10,038

Baylor Sco� & White Hospital 305 Mallard Lane, Taylor 25 311

Baylor Sco� & White Con�nuing Care Hospital

546 N. Kegley, Temple 50 372

Sco� & White Medical Center - Temple 2401 S. 31st Street, Temple

642 34,681

Other Healthcare:

Georgetown Medical Clinic 3201 S. Aus�n Ave., Georgetown

Clinic

Georgetown Behavioral Clinic 3101 S. Aus�n Ave., Georgetown

Mental Health

Rock Springs 700 SE Inner Loop, Georgetown

Mental Health

Baylor Sco� & White Ins�tute for Rehap 5353 Williams Dr., Georgetown

Rehabilita�on

Baylor Sco� & White Central Georgetown

1507 Rivery Blvd., Georgetown

Clinic

Baylor Sco� & White Georgetown Clinic 4945 Williams Dr., Georgetown

Clinic

Baylor Sco� & White Georgetown West 7451 W. Hwy 29, Georgetown

Clinic

Bluebonnet Trails MHMR 1009 N. Georgetown St., Round Rock

Mental Health

Cornerstone Specialty Hospital Round Rock

4681 College Park Dr., Round Rock

Acute Care

Sources: Texas Acute & Psychiatric Hospitals 2019 www.dshs.state.tx.us/chs/hosp/

WILLIAMSON/BELL COUNTY HEALTH

There are extensive Williamson County medical facilities in close proximity to Jarrell with 1,651 acute beds available to thecommunity. Additionally to the north, Temple (Bell County) boasts a thriving biomedical community as it is home to a numberof healthcare centers, advanced health education, and biomedical research.

AREA GROWTH

Page 11

In Jarrell, we’re creating reality from vision.

The reality is that we are located on Interstate 35, with short drives to four of the fastest growing Metro-politan Statistical Areas (MSA) in the United States. From population concentrations to business concentrations, it is a de�nite plus to be so close to Austin, San Antonio, Dallas/Ft. Worth and Houston. And Jarrell families further bene�t from the job markets so near in Temple, Killeen, Ft. Hood, and Waco to the north and Georgetown, Round Rock, and Cedar Park to the south.

The vision comes from City leaders that see what needs to be done with good planning and �scally conservative governance to support Jarrell’s future growth. It also comes from local developers and builders, along with an infusion of national builders that know what is takes to facilitate that growth.

An indicator of Jarrell’s growth is with local sales tax collections. Per the Texas Comptroller’s 2019 data, gross sales subject to sales tax have increased from an initial $9,102,076 to $107,877,663 since the City’s incorporation in 2001. That is a 1,100% increase in just 18 years. In the last 4 years, gross sales subject to sales tax have increased an average of 27% per year. Another impressive increase is in the number of business outlets reporting, which has grown 35% per year on average.

JARRELL TOWN CENTER

Jarrell Town Center (JTC) is the City’s newest commercial development, spanning 46 acres along the IH 35 southbound frontage road. The JTC is home to the Jarrell City Hall and to the tallest water tower in Texas providing ample �re �ow and storage capacity for new projects in Jarrell.

JTC is anchored by large national retailers, Tractor Supply and O’Reilly’s Auto Parts.

The Jarrell Town Center travel center stands facing Interstate 35 and is joined by other small retail operations throughout JTC.

Brookshire Brothers operates the 45,000 sf grocery store, and the adjoining retail center adds a variety of retail establishments.

A�a Foods adds a touch of food processing to the mix.

JTC boasts excellent ingress/egress from IH35 and the frontage.

JTC has multiple housing opportunities. The 300 plus homes built in the Home Place at Jarrell stands out.

RCLCO Real Estate listed Sonterra as the #9 Top Selling Master Planned Community in the United States in 2019.

National builders present; DR Horton, Lennar, LGI, Pulte, KB Home, Centex, Ashton Woods.

Sonterra has over 60,000 s/f of retail space housing multiple restaurants and various service related businesses. National chains; McDonald’s, Burger King, Wendy’s, Popeye’s, Golden Chick, Dominos, Papa Johns, and more are joined by a number of local establishments.

There are two gated self-storage facilities, one climate controlled.

Home to a state of the art �re station, Williamson County ESD #5, a 24 hour manned EMS station and �rehouse.

JARRELL HOUSING

While Sonterra led the way in creating housing opportunities in Jarrell, new subdivisions providing a�ordable housing are popping up all over Jarrell. The City is projecting 7,000 homes to be built during 2020 to 2022. A few subdivisions to begin to look for homes in are:

AREA GROWTH

Page 12

SONTERRA

Sonterra is a 1,600-acre master plan community with two pools, several walking trails and parks, and home to 6,000 residences when completed.

The Homeplace of JarrellCalumetStonebridgeBalcones FlatsCool WaterRancho Del Cielo

Labor Force Statistics

Jarrell is located in northern Williamson County and is well positioned to draw from a large labor force. Jarrell sits directly on Interstate 35, Texas’ major North/South corridor linking Jarrell directly to Mexico and Canada, and being very short distances from Dallas Ft. Worth and Austin and San Antonio. Jarrell is in the northern region of the Austin-Round Rock MSA, the fasting growing MSA in the United States from 2010 to 2019*, and to the north is the Killeen/Temple/Ft. Hood MSA.

EMPLOYMENT

The in�ow/out�ow diagram shows the �ow of workers into and out of Jarrell. There are 2,565 workers the live outside of Jarrell and come into Jarrell to work. There are 3,960 workers that live in Jarrell, but leave the area to work elsewhere. Finally, there are 568 workers that live and work in Jarrell.

Jarrell is fortunate to draw from a very large talented and educated workforce. The Texas Workforce Commission 2019 QCEW reports show a total workforce of 1,101,218. This is dispersed by Travis County with 793,408, Williamson County with 185,242, and Bell County with 122,568. All are within easy commutes of Jarrell.

Page 13

* statista.com

EMPLOYMENT

Sampling of Businesses and Employers in Jarrell

Company IndustryAfia Foods Food processingA J Brauer Stone Stone mining and quarrying

Aus�n Block & Quarry Concrete masonry units and natural stone products

Bagliore Concrete Poured concrete structures contractorsClawson Disposal Waste collec�on and managementCobra Stone Stone mining and quarryingCooper Stone Stone mining and quarryingElectronic Polymers Inc. Manufacturing polymer diodesEspinoza Stone Stone mining and quarryingFlasher Equipment Traffic safety and control productsJarrell Independent Schools Educa�on - Elementary & SecondaryJarrell Schwertner Water Supply Community water supplyKeystone Concrete Placement Poured concrete structures contractorsSimpson’s Stone Stone mining and quarryingSuperior Stone Stone mining and quarryingTaylor Press Products Metal stamping

Retail Opportunities GrowingBrookshire Brothers GroceriesDenny’s RestaurantEagle Auto Parts Auto partsEl Pity Mexican Kitchen RestaurantFlying J Travel Plaza Food and gas travel stopGolden Chick Fast food restaurantMcDonald’s Fast food restaurantMexicano Grille RestaurantO’Reilly’s Auto Parts Auto partsRoadster Travel Center Food and gas travel stopTown Center Travel Center Food and gas travel stopTractor Supply Farm supplies, animal feed and supplies, tools

Page 14

Williamson County

The table displays the Williamson County workforce by industry sector. The majority of jobs in the County are: Retail Trade, Educational Services, Health Care and Social Assistance, and Accommodations and Food Services. Manufacturing (95%) and Construction (76%) jobs have increased signi�cantly in the last 5 years (2014-2019).

According to the TWC, unemployment �gures for 2019, Williamson County was 2.8% compared to 3.5% for Texas, and 3.6 for the United States.

EMPLOYMENT

Page 15

Source: Texas Workforce Commission QCEW; 2019, 4th period

NAICS Industry #of Companies # of Jobs % of Jobs Average Weekly Wage

Average Annual Wage

11Agriculture, forestry, fishing, & hun�ng

48 189 0.1% $737 38,324

21 Mining, quarrying, oil & gas extrac�on 31 963 0.5% $1,022 53,144

22 U�li�es 37 1,499 0.8% $1,823 94,796

23 Construc�on 1,326 15,496 8.4% $1,309 68,068

31-33 Manufacturing 405 14,199 7.7% $3,388 176,176

42 Wholesale Trade 576 13,024 7.0% $2,533 131,716

44-45 Retail Trade 1,284 25,853 14.0% $681 35,412

48-49 Transporta�on and Warehousing 235 3,762 2.0% $1,032 53,664

51 Informa�on 220 2,243 1.2% $1,178 61,256

52 Financial and Insurance 709 6,049 3.3% $1,630 84,760

53 Real Estate, Rental and Leasing 570 2,789 1.5% $1,309 68,068

54Professional, Scien�fic, and Technical Services

2,014 12,657 6.8% $2,022 105,144

55Management of Companies and Enterprises

50 629 0.3% $8,129 422,708

56 Administra�ve and waste services 658 9,041 4.9% $894 46,488

61 Educa�onal Services 234 21,719 11.7% $817 42,484

62 Health Care and Social Assistance 1,445 20,795 11.2% $987 51,324

71Arts, Entertainment, and Recrea�on

153 3,008 1.6% $477 24,804

72 Accommoda�ons & Food Services 953 20,075 10.8% $405 21,060

81Other Services (except Public Admin)

940 6,400 3.5% $832 43,264

92 Public Administra�on 87 4,738 2.6% $1,246 64,792

Unclassified 65 115 0.1% $734 38,168

Total Employment 12,040 185,243 100.00

Total Private 11,870 159,541 86.1% $1,360 70,720

Total Government 170 25,702 13.9% $1,136 59,072

OVERVIEW

Jarrell’s median household income of $63,068 is forecast to grow by almost 10% in the next 5 years. The Jarrell median household income trails the Williamson County median by 30%, but is ahead of the statewide median household income by 6%. The majority (56%) of Jarrell households reported income levels between $50,000 and $150,000.

Jarrell’s projected growth fueled by the increase in homes being built will also drive the median household income up. Meanwhile the median age will continue to drop. From the 2010 Census, the median age is projected to drop by 21% in 2024.

INCOME

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024

Page 16

2010 Census 2019 Census 2024 Census

Households 3,630 5,327 6,214

Average Household Size 2.28 2.45 2.5

Families 2,519 3,761 4,394

Median Age 54.6 45.7 42.9

Median Household Income $63,068 $68,958

Median Home Value $228,183 $243,859

Households by Income

Income range 2019 Esitmate 2024 Forecast

< $15,000 4.9 4

$15,000 - $24,999 7.5 6.1

$25,000 - $34,999 9.9 8.4

$35,000 - $49,999 13.4 11.6

$50,000 - $74,999 22.8 24.2

$75,000 - $99,999 16.2 18

$100,000 - $149,999 16.7 17

$150,000 - $199,999 3.1 4.2

> $200,000 5.5 6.5

Totals: 74.7 72.3

Page 17

The tax structure is competitive both locally and statewide and taxes are designed to make companies competitive within their industries as well. Texas is one of only a handful of states with no individual income tax and there is no corporate income tax.

Property Tax

Please note that the City of Jarrell property tax rates are very competitive making Jarrell anattractive location for property ownership. Property tax rates (%) in selected Austin metro area communities, 2019. Source of chart below: County assessors or appraisal districts.

Sales & Use Tax

The state levies a sales and use tax of 6.25% on sales of tangible personal property and certain services. Cities,counties, and transit authorities may add to the sales tax rate up to a maximum combined state and local rateof 8.25%.

Texas grants sales and use tax exemptions on machinery and equipment utilized in the manufacturing process. Purchases of machinery and equipment, replacement parts, and accessories that have a useful life of more than six months, and that are used or consumed in the manufacturing, processing, fabricating, or repairing of tangible personal property for ultimate sale, are exempt from state and local sales and use tax.

Natural gas and electricity are exempt from sales taxes when sold to commercial businesses that are "predominantly" manufacturing.

TAXES

City County County CitySchoolDistrict

CommunityCollege Other Total

Bastrop Bastrop 0.4669 0.5640 1.3710 0.0000 0.1030 2.5049Elgin Bastrop 0.4669 0.6569 1.5183 0.1049 0.1030 2.8500Lockhart Caldwell 0.7431 0.6842 1.2624 0.0000 0.0432 2.7329Buda Hays 0.4237 0.3496 1.4677 0.1049 0.1750 2.5209Kyle Hays 0.4237 0.5416 1.4677 0.1049 0.1519 2.6898San Marcos Hays 0.4237 0.6139 1.3139 0.0000 0.0000 2.3515Austin Travis 0.3693 0.4431 1.1220 0.1049 0.1056 2.1449Manor Travis 0.3693 0.8161 1.4700 0.1049 0.2056 2.9659Pflugerville Travis 0.3693 0.4976 1.4500 0.0000 0.1000 2.4169Austin Williamson 0.4587 0.4431 1.2348 0.1049 0.0200 2.2615Cedar Park Williamson 0.4587 0.4470 1.4375 0.1049 0.0200 2.4681Georgetown Williamson 0.4587 0.4200 1.3390 0.0000 0.0000 2.2177Hutto Williamson 0.4587 0.6314 1.4984 0.0460 0.1000 2.7345Jarrell Williamson 0.4765 0.4587 1.4700 0.0000 0.1000 2.4482Liberty Hill Williamson 0.4587 0.4902 1.4700 0.0000 0.0983 2.5172Round Rock Williamson 0.4587 0.4390 1.2348 0.1049 0.0200 2.2574Taylor Williamson 0.4587 0.8039 1.4683 0.0000 0.0000 2.7362

Page 17

TAXES

Page 18

TAXES

Triple Freeport Exemption

Set with State law, Freeport Exemption gives local taxing jurisdictions the option to waive tax collection on speci�c personal property known as freeport goods. Freeport property quali�es for an exemption from ad valorem taxation only if it has been detained in the state for 175 days or less for the purpose of assembly, storage, manufacturing, processing, or fabricating.

In Jarrell, the City, Williamson County, and the Jarrell Independent School District have waived tax collection on freeport goods.

Foreign Trade Zone

Jarrell is in FTZ 183, the Foreign Trade Zone of Central Texas. An FTZ is an area within the United States designated by the federal government as outside of U.S. Customs territory. The FTZ encourages investment in the U.S. and the creation of American jobs by allowing U.S. businesses to operate with equivalent customs treatment to business conducted o�-shore. FTZs can reduce customs duties and fees, and achieve logistics bene�ts for the import and export of goods.

Corporate Franchise Tax

The tax applies to corporations, limited liability companies, partnerships (general, limited and limited liability), business trusts, professional associations, business associations, joint ventures and other legal entities organized in Texas or that do business in Texas. The tax is not imposed on: sole proprietorships, general partnerships directly owned by natural persons, and other speci�ed entities such as certain �nancial services businesses, nonpro�ts, and others.

In addition, a corporation in Texas engaged solely in the business of manufacturing, selling, or installing solar energy devices is exempted from the franchise tax. There is no ceiling on this exemption, so it is a substantial incentive for solar manufacturers.

The tax rate is 1% of margin for most taxable entities. The tax rate is 0.5% for entities primarily engaged in retail and wholesale trades (as de�ned in Divisions F and G of the 1987 Standard Industrial Classi�cation Manual) as well as those businesses under classi�ed as eating and drinking establishments.

Page 18

The Jarrell Economic Development Corporation focuses on your company's speci�c needs and our goal is to assist your company in gaining the maximum bene�t from local, state, federal, and other government entity incentives programs.

Please contact us to request a custom incentive package. All incentive packages are developed to begin a partnership between Jarrell and the prospective company to ensure success for all. We’ll want to know about the philosophy of the company, the project being undertaken, and all of the following items:

the number of jobs created

the average wage of those new jobs and the gross annual payroll generated

capital investment

the amount of new taxes generated by the project

the environmental sustainability of a project

INCENTIVES

Thank you for your interest in the City of Jarrell and we look forward to working with you.

.......Considering doing business in Jarrell?

................Request a custom incentive package today!

Page 19

35

County Road 305

FM-487

County Road 307

For more informa�on visit www.jarrelledc.org

Jarrell Economic Development Corporation161 Town Center Boulevard P.O. Box 831 Jarrell, Texas 76537

Phone 512.746.4593 Fax 512.746.2052

CONTACT

Page 20

APPENDIX

ZoningTra�c Count Map

Sources: Esri, Airbus DS, USGS, NGA, NASA, CGIAR, N Robinson, NCEAS, NLS,OS, NMA, Geodatastyrelsen, Rijkswaterstaat, GSA, Geoland, FEMA, Intermap and

the GIS user community, Sources: Esri, HERE, Garmin, FAO, NOAA, USGS, ©OpenStreetMap contributors, and the GIS User Community

ETJ

ZONE

C1

C2

I1

I2

LIMITED PURPOSE

MH1

MH2

SF1

SF2

SF3

CITY LIMIT

Page 17TRAFFIC COUNT MAP

Jarrell

Inset Jarrell Traffic

Transportation is a signi�cant strength for Jarrell. With it’s location on Interstate 35 over 80,000 cars and truck pass by. You can be in Dallas/Ft. Worth within 2.5 hours, to San Antonio in just over 2 hours, and Houston within 3.5 hours. This key location to 5 of the largest MSA’s in the United States provides ready access to consumers and manufacturers. This Texas Mega region is one of only 11 mega regions in the country.

Notes:

Creating Reality from VisionTEXAS

JARRELL