Economic Development
Economic Development
Caldwell Continues to Prosper
Despite a tough national economy in 2009, Burleson County — and especially the City of Caldwell — has continued to grow and thrive.
In Caldwell, both sales tax revenue and property values are on the rise, showing strong momentum. Per capita income remains high for a rural area, and unemployment is low. In fact, many local jobs are being filled by people commuting from outside the area — a clear sign that opportunity is drawing people in.
We’re seeing more residential development, with even greater potential ahead. Retailers and business owners are starting to take a closer look at smaller, fast-growing communities like Caldwell — and they like what they see.
So, what’s driving Caldwell’s success, even in challenging times?
We believe it comes down to four main factors:
We believe it comes down to four main factors:
The Oil Industry Boom
Caldwell, like many parts of Texas, continues to benefit from growth in the oil sector.
Close Proximity to Bryan/College Station
Just a short drive away, this thriving metro area brings economic activity and opportunity right to our doorstep.
Rising Traffic Counts
With over 20,000 vehicles passing through daily, Caldwell is attracting serious attention from retailers and service providers.
Caldwell, like many parts of Texas, continues to benefit from growth in the oil sector.
Close Proximity to Bryan/College Station
Just a short drive away, this thriving metro area brings economic activity and opportunity right to our doorstep.
Rising Traffic Counts
With over 20,000 vehicles passing through daily, Caldwell is attracting serious attention from retailers and service providers.
High Quality of Life
A top-rated, Class AAAA school district
Local hospital and airport
Great parks and recreation
Close to shopping, dining, and entertainment in Bryan/College Station
Affordable living
Strong infrastructure, including:
City-owned electric utility with lower rates
Well-kept roads
Ongoing water and wastewater improvements
City-run sanitation services
New fiber internet access
A top-rated, Class AAAA school district
Local hospital and airport
Great parks and recreation
Close to shopping, dining, and entertainment in Bryan/College Station
Affordable living
Strong infrastructure, including:
City-owned electric utility with lower rates
Well-kept roads
Ongoing water and wastewater improvements
City-run sanitation services
New fiber internet access
All of this makes Caldwell not just a great place to live today, but a smart place to invest in for the future.
City of Caldwell – Economic Development Incentives
At the City of Caldwell, we're focused on encouraging growth that reflects our community’s needs and values. Our goal is to support smart, thoughtful development that helps diversify the local tax base, boosts the economy, and allows us to continue providing top-quality services and infrastructure for both residents and businesses.
Why This Policy Exists
This policy sets clear guidelines for when and how the City may offer financial incentives to support economic development projects. These incentives are designed to:
Help close financial gaps for qualifying projects
Encourage investment in new residential, commercial, and industrial development
Ensure projects bring real, measurable benefits to the public
Help close financial gaps for qualifying projects
Encourage investment in new residential, commercial, and industrial development
Ensure projects bring real, measurable benefits to the public
How It Works
- Incentives are reviewed case by case – each project must show it brings value to the community.
- Projects must deliver a public benefit – like creating jobs, improving infrastructure, or expanding the local tax base.
- We prioritize smart growth – especially projects that align with our long-term planning, including mixed-use, residential, commercial, and industrial development.
- All support is conditional – any financial help must strictly follow this policy’s criteria and guidelines.
- Incentives are not guaranteed – the City has full discretion and will only offer incentives when clearly necessary and tied to community-focused outcomes.
This approach helps us grow responsibly—making sure that every project we support adds lasting value to Caldwell.
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