Business & Industry
Median Single Family Home Value $138,000
Median List Price Per Sq Ft $80
Property Tax $3,411
Median Home Size (Sq. Ft.) 1764
Avg. Year Built 1985
Total current population for Hewitt is 14,669 and projects to have over 15,500 residents by the year 2020, with a majority age of 30-39. The population of Hewitt, TX has grown 6.69% since 2011 and consists of 48.5 % male and 51.5% female. Hewitt has 4,139 families and expect to reach 4,371 in 2020.
The majority of Hewitt residents are between the ages of 30-39 with the next largest age group ranging from 0-9, and the median age is 34.77.
The majority of Hewitt’s population has achieved a minimum of high school diploma (21.73%) with almost 20% completing some college and 49.28% have a college degree.
Hewitt’s labor force consists of 7,817 people, an unemployment rate of 2.14% and jobs have grown 8.29% since 2014.
Talent – Jobs by Industry
The leading jobs are in office and administrative support (15.4), followed by Sales (13.89%), then Production Workers (8.79%), Executive Managers and Administrators (7.81%) and Food Preparation/Serving (6.04%). There are a total of 544 establishments and 577 businesses in Hewitt, TX. Construction, Retail, Education, Health Care and Social Services, and Accommodation and Food Services were the leading industries in 2015.
Hewitt Business # Employees
Almost 50% of the businesses in Hewitt have between 1-4 employees.
Income and Spending
The median household income for Hewitt is $67,943, which is 61% more than the county, 30% more than the state and 23% more than the nation. The average family spends just over 59,000 each year and the majority of earnings are spent on shelter, transportation, food and beverages, and utilities.
Hewitt Spending Averages
Food and Beverages $8,700
Health care $4,700
Food At Home $4,685
Away From Home $3,461
Quality of Life
Residents in Hewitt spend on average 20 minutes traveling to work and are served by 16 airports within 50 miles. Both rail and interstates are easily accessible to the Hewitt community. The majority of the families in Hewitt bring in dual-income, are active and have children living at home.
Hewitt is a vibrant community for business with a commerce park, central location and easy access to Interstate 35. Located adjacent to Waco and in the heart of the Texas Triangle halfway between Austin and Dallas, Hewitt offers the best of living and working. In addition to the industries who call Hewitt home, the community is convenient to Baylor Scott & White Hillcrest Medical Center, Providence Healthcare Center, Baylor University, McLennan Community College and Texas State Technical College Waco.
Retail centers thrive in Hewitt, and the I-35 extension of Hewitt Drive is poised for continued positive growth. With progressive leadership and an eye to the future, it’s no wonder Hewitt is known as “The City Where Business Grows.”
A diversified regional economy, diverse housing within minutes, cost of living, favorable property tax rates and competitive incentive packages make Hewitt an attractive location for businesses to grow.
“We will make every effort to assist businesses to find the perfect fit for their project in Hewitt. The flexibility we have in creating incentive packages gives businesses an advantage in this marketplace and makes Hewitt a great candidate for a closer look,” said Adam Miles, Hewitt City Manager.
Rail service from the Santa Fe railway also connects Hewitt to major distribution centers. The 900-acre McGregor Municipal Airport, only 15 minutes away, provides air service for single- and multi-engine aircraft as well as helicopters. Waco Regional Airport is served by American Airlines.
McLennan County offers businesses an educated, young labor force with a solid work ethic and a variety of skills. To further encourage growth, an attractive tax abatement policy is available. This policy includes both new and existing businesses within Hewitt’s city limits and is a positive stop in the city’s continuing efforts to increase Hewitt’s commercial and industrial growth.