Demographics and Economic Information
The Economy
Boomtown USA, a book recently published by the National Association of Industrial and Office Properties (NAIOP) and written by Jack Shultz, lists Marble Falls as one of the top non-metro growth areas in the United States. The author researched statistical data on 397 communities nationwide that are considered rural in nature and growing outside of Metropolitan Statistical Areas (MSAs). The selections were based on statistical data that measured population growth, job creation, per capita income growth, and quality of life factors.
Community Profile
Location
Marble Falls is a vital hub of the Texas Hill Country. Lake Marble Falls is located in the middle of the Highland Lakes – the largest chain of lakes in Texas – thus the area is also commonly referred to as the Highland Lakes.
| Milage To | |||||
| Austin | 45 | Johnson City | 22 | ||
| Fredericksburg | 52 | Dallas/Fort Worth Area | 190 | ||
| Amarillo | 436 | Llano | 30 | ||
| Houston | 210 | El Paso | 537 | ||
| Burnet | 13 | San Antonio | 85 |
| Geography | |
| Average elevation | 764 feet |
| Longitude | 30.32 |
| Latitude | 98.31 |
| City of Marble Falls land area | 6.1 square miles |
| Burnet County land area | 996.0 square miles |
| Population | |||
| City of Marble Falls | 7,200 | Burnet County | 42,000 |
| Age | |||
| 0-17 | 20.87% | 55-64 | 12.41% |
| 18-54 | 42.76% | 65 and over | 23.96% |
| Ethnicity | |||
| Anglo | 80.7% | African American | 1.0% |
| Hispanic | 16.5% | Other | 1.8% |
| Taxes | ||
| Property Tax Rates | ||
| Rate/$100 | Assessment Ratio | |
| City of Marble Falls | .4850 | 100% |
| Burnet County | .3478 | 100% |
| Marble Falls ISD | 1.2350 | 100% |
| County Special | .0301 | 100% |
| Central Texas Groundwater | .01653 | 100% |
| Total | $2.1130 |
| Other Taxes | |||||
| City sales tax rate | 2.00% | State sales tax rate | 6.25% | ||
| Total rate |
8.25% | ||||
| State franchise tax* | 4.50% / 2.50% | ||||
| Sales tax exemptions | . | groceries, prescriptions | |||
| Corporate or personal income tax | none in Texas | ||||
| *Per $1,000 net taxable income/taxable capital | |||||
| Largest Employers | ||
|
|
Product/Service | Employees |
| Marble Falls ISD |
education | 573 |
| Wal-Mart Super Center | retail | 440 |
| Horseshoe Bay Resort & Marriott |
resort | 351 |
| Cold Spring Granite | granite mining | 180 |
| H.E.B. Grocery |
retail grocery | 160 |
| City of Marble Falls |
government, utilities, etc. |
110 |
| Home Depot |
home/building supplies | 105 |
| American Bank | banking | 80 |
| Northwood Health Care | nursing home | 80 |
| Pedernales Electric Coop (PEC) | utilities | 59 |