February 21, 2009

KATY, Texas—It seems people in Katy are weathering the recession better than most.

In fact, Business Week Magazine says Katy is a boomtown, ranking it as the second-fastest growing city in America.

Business Week says between 2000 and 2008, construction and salaries in the suburban community skyrocketed.

The average household income there is now $76,000 – that’s $10,000 more than the U.S. average.

By Tracy Dang
Times Managing Editor
Published:
Monday, January 19, 2009 9:23 AM CST
Even though the Houston area has seen a slowdown in recent commercial and residential growth, the greater Katy area is continuing to see growth,” said Dr. Pat Guseman, a demographer with Population and Survey Analysts.

Guseman presented the most recent study of growth and projections of the Katy Independent School District area during the Greater Katy Chamber of Commerce luncheon Wednesday.

“Katy ISD is one of the fastest growing large districts,” Guseman said. “It remains in to the top 20 statewide and is fourth in Houston.”

While Cy-Fair ISD has become a leader in percent-change enrollment during the last five years, Katy ISD follows closely behind. (more…)