Sugar Land’s 2011 median household income of $100,632 was 12th in a U.S. Census survey of cities with populations greater than 65,000. Sugar Land’s five-year average of $101,611 ranked 15th in the nation.
The results were part of the American Community Survey, an ongoing statistical survey by the Census and its largest survey other than the decennial Census.
Sugar Land surpassed the original Census estimate of median household income of $93,025 by nearly $8,000 for the past 12 months. The five-year survey also indicated that Sugar Land residents have an educational attainment of 57 percent for individuals with a bachelor’s degree or higher between the ages of 25 and 64 years old.
The combination of high median income and educational attainment are important factors in retaining businesses and relocating others that provide good jobs for residents.
According to Development Counsellors International, business executives and site selectors put a community’s rankings as the third leading sources of information that influence perceptions of an area’s business climate — workforce statistics ranked second, while demographic information and quality of life information rank third and ninth, respectively.
“These are great indicators of our city’s economic strength and stability,” said City Manager Allen Bogard. “These types of rankings send out a clear message that the City of Sugar Land is a premier destination for business and quality of life.”
Examples of successful economic development projects include the following:
• Atos Origin, Inc., an information technology service provider, relocated its national headquarters to Sugar Land, bringing a minimum of 55 leadership positions. The company generates annual revenues of $7.2 billion and employs 49,000 people worldwide. From Sugar Land, the firm oversees 800 employees in the United States and Canada.
• Himalaya Herbal Healthcare USA, a global manufacturer of herbal pharmaceuticals, is moving its North American headquarters from Houston to Sugar Land by the end of the year. The firm is constructing a 30,000-square-foot office and warehouse building on seven acres.
• Solarcraft, Inc. and Amran, Inc., now located in the Sugar Land Business Park, occupy more than 50,000 square feet combined.
• Titanium Engineers, Inc., an oilfield service company specializing in titanium bar and seamless titanium tubes, relocated its corporate headquarters to Sugar Land.
Combined, these projects result in more than $10 million in new capital investment, 140 new jobs for the City and more than 110,000 square feet of newly constructed or newly leased space.