New Firm Formation Per 1000 Residents (2016 - 2020)
| 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|
Austin | 41.0 | 44.7 | 52.0 | 54.9 | 57.8 |
Houston | 11.3 | 11.9 | 13.5 | 13.4 | 16.3 |
Dallas | 16.2 | 16.5 | 18.0 | 17.7 | 16.0 |
State of Texas Average | 6.8 | 7.3 | 8.2 | 8.3 | 10.9 |
Fort Worth | 5.7 | 5.9 | 6.2 | 6.3 | 7.6 |
San Antonio | 5.9 | 6.0 | 6.6 | 6.8 | 7.3 |
El Paso | 3.8 | 4.1 | 4.5 | 4.7 | 4.9 |
In Fort Worth number of companies per capita has increased every year since 2016 but lags behind other major Texas cities with the exception of San Antonio and El Paso.
Source Information
US Census Bureau (for population), Texas Secretary of State (firm formation)