One Local Metro Area May Be Poised For Extensive Growth

By: Rachel Cox Email
By: Rachel Cox Email

KILLEEN (December 3, 2012) ---A new study of growth percentages found that between 2012 and 2017 the number of households in the Killeen-Temple-Fort Hood area could increase by more than 7 per cent.

Pitney Bowes Software's inaugural Metro Magnets Index analyzed 384 U.S. metropolitan areas and found that 98 percent of them are expected to increase in the number of households.

The index projects that the Killeen-Temple-Fort Hood area could gain 10,874 households over the next five years, which would give it the nation's third largest percentage growth in households for that time period.

A statement from the Greater Killeen Chamber of Commerce about the findings said the area currently has 145,575 households, with that number projected to increase to 156,043 by 2017.

That increase puts the Killeen area behind only Provo-Orem, Utah and Austin-Round Rock- San Marcos, both with a projected increases of 7.4 percent, and tied with Raleigh-Cary, N.C. for the nation's largest percentage increase among major metropolitan areas with at least 100,000 residents.

The statement also stated that along with the Austin and Killeen areas, San Antonio, Houston and McAllen/Mission should all have growth rates of more than 6.6 percent for the five-year period.

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