What’s Drawing Businesses to Collin County

November 24th, 2021
what’s drawing businesses to Collin County

No two ways about it: Texas has been experiencing massive growth of late. Lots of new folks are moving into the Lone Star State, drawn in part by a boom in new job opportunities. In fact, business is booming all over the state, with job growth in Dallas, Austin, Houston, and San Antonio all routinely making headlines. If you’re looking to start a business or find good jobs, you need to look no further than Collin County on the northeast end of the greater Dallas area.

What’s Drawing Businesses To Collin County

What’s drawing businesses to Collin County? The region is rapidly becoming one of the most lucrative places for employers—and their employees—in the state. According to a 2020 labor market data report from Emsi, the county has added more than 86,000 jobs over the last five years. Meanwhile, the next five years are projected to see similar growth, as the communities that make up Collin County continue to expand as well. In fact, the county’s population exploded by more than 145,000 over that same period.

Employers and job seekers have plenty of reasons to set their sights on Collin County. The county’s tax rate hasn’t seen an increase in 23 years, and the region enjoys some of the lowest taxes around. At the same time, the communities that make up the county are consistently ranked among the best places to live and work, combining small-town values with the amenities and conveniences of the city.

Largest Employers in Collin County, TX

Some of the largest employers in Collin County, TX are in industries such as healthcare, science and technology, finance and insurance, manufacturing, retail, and government. These companies include Raytheon, J.C. Penney, JP Morgan Chase, Baylor Medical, NTT Data, Conifer Health Solutions, Emerson, Frito-Lay, Toyota, Ericsson, and Hewlett Packard.

Of course, Collin County’s business-friendly culture isn’t just about big companies. The region also cares about small and local businesses looking to thrive. The Collin CARES Program of 2020 was created to help businesses impacted by the pandemic, offering grants of up to $25,000 drawn from $15 million in CARES Act funds to help small businesses survive and come out the other side ready to do business.

All this means big growth for Collin County and great opportunities for our residents. Among large U. S. counties, Collin County is ranked seventh for net migration, 13th for growth of skilled jobs, 14th in the level of education, and 20th in overall job growth. That’s out of the more than 3,000 counties that make up this great nation.

As we already mentioned, Collin County is filled with great communities where you can make your home. Nearby towns such as Allen, Frisco, Plano, and McKinney, north of Dallas, are all consistently ranked among the best places to live. And if you’ve taken the job of your dreams in Collin County or are thinking of starting your own business in one of the most business-friendly counties in Texas, why not consider Mantua?

Located in Van Alstyne, Texas, Mantua is a community for families seeking new homes and an enriched lifestyle surrounded by the natural beauty of Texas. Prices for the first phase of homes in the new master-planned community range from the $280s to the $450s. To learn more about homes at Mantua and to discover a life you’ve always dreamed of, contact us today!