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The original item was published from 1/9/2024 3:05:34 PM to 8/1/2024 12:00:05 AM.

News Flash

Economic Development Spotlight

Posted on: January 9, 2024

[ARCHIVED] Gateway to Opportunities

Water Tower

Unlocking the Charms of Orange, Texas: Where History Meets Opportunity

Nestled as the county seat for Orange County, Texas, the City of Orange boasts a unique blend of history and thriving prospects for the future. Situated on Interstate 10 in southeast Texas, it is the last city before entering the state of Louisiana.

Gateway to Opportunities: Interstate 10 and Commercial Development

Orange serves as a pivotal hub along Interstate 10 with up to 55,000 vehicles per day. The strategic location presents exciting opportunities for commercial development, with prime site locations available along this bustling corridor. The city's proximity to Louisiana adds a touch of regional significance to its economic landscape.

Demographic Snapshot: Growth and Diversity

Population and Growth:

  • Total Population Estimate: 19,440
  • Growth Rate (2010-2022): 4.54%
  • Anticipated Growth Rate (2022-2027): 0.93%

Household Dynamics:

  • Average Household Size: 2.43
  • Median Age: 38.51

Income and Housing:

  • Average Household Income (2021): $74,258
  • Average Household Income (2022): $88,482
  • Number of Dwelling Units: 9,685
  • Owner-Occupied: 65.39%
  • Renter-Occupied: 34.61%
  • Median Home Price (2022): $128,959
  • Median Home Price (2021): $108,913

Economic Landscape: Employment and Education

Employment:

  • Total Employed: 9,236
  • Not in the Labor Force: 5,594
  • Self-Employed: 690
  • Unemployment Rate: 2.82%

Education:

  • Some College: 27.91%
  • Associate Degree: 9.67%
  • Bachelor's Degree: 15.94%
  • Master's Degree: 2.25%
  • Doctorate Degree: 0.43%

Community Spirit and Economic Vigor

Orange, Texas, is more than just a city; it's a thriving community that values its past while embracing the future. The commercial potential along Interstate 10, coupled with a diverse and growing population, paints a picture of a city poised for further development and prosperity. As the gateway to Texas, Orange beckons investors and residents alike to explore its unique charm and promising opportunities.

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