In the past 5 years, Tomball has experienced substantial growth and prosperity —fueling the housing market and boosting quality of life. One of the key factors in the area’s immense success is an explosion in employment opportunities. Future job growth over the next ten years is predicted to be 36.08%
Currently, the economy of Tomball, TX employs 4,642 people, specializing in Mining, Quarrying, Oil, Gas Extraction; Wholesale trade; and Utilities, which employ respectively and 2 times more people than what would be expected in a location of this size.
The largest industries in Tomball, TX are Manufacturing (587), Healthcare & Social Assistance (505), and Accommodation & Food Service (354), and the highest paying industries are Mining, Quarrying, Oil, Gas Extraction ($101,726), Finance & Insurance ($56,185), and Transportation & Warehousing ($46,000).
Some of Tomball’s biggest employers include Fortune 500 Companies such as Hewlett Packard, General Electric, Noble Energy, Amazon and FedEx. Other major employers include Tomball Regional Medical Center, Tomball Independent School District and Lone Star College. And more are coming.
The Grand Parkway Marketplace continues to open new retail stores and restaurants, expanding retail options for thousands of area residents and Tomball Business & Technology Park is expected to attract more new businesses to the area. A skilled workforce, low property taxes, and a well-connected transportation system provide an ideal backdrop for these businesses to prosper.
According to DataUSA, Tomball has a population of 11,186 people with a median age of 37.3 and a median household income of $44,086. Between 2014 and 2015 the population of Tomball, TX grew from 11,030 to 11,186, a 1.41% increase and its median household income grew from $42,070 to $44,086, a 4.79% increase.