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News

Opening Texas
May 07, 2020

The Texas Governor’s Strike Force to Open Texas has provided Guidelines and Open Texas Checklists to help safely and strategically restart and revitalize all aspects of the Lone Star State. All Texans are called on to act responsibly while helping protect our most vulnerable neighbors. 

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Covid-19 Business Impact Survey #2 Results
Apr 20, 2020
VEDC is partnering with Corpus Christi's Regional EDC to better understand the impact of the COVID-19 crisis on our local business community. We are participating in an impact analysis project as a member of the COVID-19 Business Resources Working Group that is conducting a series of local business surveys.
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Texas Governor Announces $50 million in Small Business Loans
Apr 14, 2020
Governor Greg Abbott announced that Goldman Sachs and the LiftFund, along with other community development financial institutions (CDFIs), are partnering to provide $50 million in loans to small businesses in Texas that have been affected by COVID-19 as part of the Goldman Sachs 10,000 Small Businesses program.
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Economic Indicators

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Sales Tax Receipts for the City of Victoria and Victoria County
Year City of Victoria Victoria County
2017 $23,042,016 $8,244,984
2016 $23,849,611 $8,515,577
2015 $26,516,235 $9,891,860
2014 $27,397,094 $10,721,245
2013 $25,746,700 $10,127,088
Source: Texas State Comptroller

 

Effective Buying Income for Victoria's 7-County Region
  Victoria Calhoun DeWitt Goliad Gonzales Jackson Lavaca
Number of Households 32,510 7,994 7,061 2,881 6,477 5,109 7,701
$25,000 - $49,000 25.8% 25.7% 21.2% 22.4% 26.4% 23.1% 27.6%
$50,000 - $99,000 30.2% 29.0% 27.5% 30.5% 31.8% 34.1% 29.2%
$100,000 and over 21.7% 21.8% 22.3% 21.3% 15.9% 20.1% 19.6%
Per Capita Income $25,987 $24,372 $28,418 $29,513 $21,185 $25,687 $27,288
Median Household Income $51,758 $51,078 $49,736 $51,226 $42,983 $54,926 $48,677
Source: 2015 est., U. S. Census