Labor Pool/Talent
The size and quality of Weatherford’s workforce is projected to grow by leaps and bounds. Experts predict that the population of the Dallas-Fort Worth Metroplex will increase by more than 50% in the next quarter century. In fact, according to the U.S. Census, Weatherford’s population has exploded by 94% since 2000. As more people settle into our region, Weatherford will benefit significantly with access to a workforce that grows smarter, more diverse, and more talented every year.
Today, Weatherford has a population of around 35,000, with more than 98,000 in our primary trade area and 220,000 in our secondary trade area. Around 50% of Weatherford’s workforce commutes east to Fort Worth, with its estimated employed workforce of over one million people (average commute time for Weatherford residents is 30 minutes). That means with new quality jobs in Weatherford, that flow of workers can quickly and easily shift west, toward our city.
Wages in Weatherford tend to be lower than in the Dallas metro area, which has a median household income of nearly $44,000. At the same time, according to Sperling’s Best Places, the cost of living in Weatherford is nearly 8% less than the national average. Home prices are lower, too, yet home appreciation here has increased by more than 20% in the last 10 years. Weatherford, Texas, offers true Texas value for both business and residents.