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News

Nov 14, 2017
Jeff Klopfenstein, President of the Methionine Unit at Novus International, announced plans to expand Alimet production at a new facility thus increasing capacity and jobs, to members of the Victoria EDC at their Annual Membership meeting.
Jul 25, 2017
Formosa Plastics Corporation Texas, in Point Comfort, is investing $5 billion into a plant expansion that will extend into Jackson County and provide about 340 jobs. The expansion will broaden the company's plastic resins product line and increase overall productivity, said Bill Harvey, company spokesman. Construction began about two and a half years ago and is scheduled to finish in late 2018.
May 25, 2017
Evan Smith, CEO and Co-Founder of the Texas Tribune offered a thoughtful perspective on the 85th legislative session as he presented Politics, Policy, Population: Where We Are & Where We Are Going to members of the Victoria EDC at their Semi Annual Membership meeting.

Economic Indicators

Sales Tax Receipts for the City of Victoria and Victoria County
Year City of Victoria Victoria County
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
2012 $26,527,216 $10,662,768
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