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20 - Year Growth Plan - City of Kendleton

20 - Year Growth Plan - City of Kendleton

20 - Year Growth Plan - City of Kendleton

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. Median Household Income<strong>Kendleton</strong>’s median household income increased slightly less than the Texasmedian between <strong>20</strong>00 and <strong>20</strong>11 but was higher than Fort Bend County and theUnited States medians (Table 7-G).Table 7-G: Median Household Income<strong>Kendleton</strong> Fort Bend County Texas US<strong>20</strong>11 30,272 10 88,454 10 58,142 10 50,046 11<strong>20</strong>00 21,563 12 63,831 12 39,927 12 41,994 12Percent Change 40.39% 38.58% 45.62% 19.17%Sources:10-12 <strong>20</strong>10 US Census7.5 Sales Tax RevenueFigure 7-7 shows the annual percentage change, not dollar amount, in sales tax revenuein <strong>Kendleton</strong>, Fort Bend County, and Texas. Due to the community’s very smallcommercial base, the arrival and departure <strong>of</strong> even one business in the <strong>City</strong> can causesevere fluctuations in sales tax revenue. Fort Bend County and the State <strong>of</strong> Texas bothsaw a steep drop in quarterly tax revenue in <strong>20</strong>08 through <strong>20</strong>10 likely due to therecession, but have both recovered to their pre-<strong>20</strong>08 levels. Despite, the severefluctuations in revenue, <strong>Kendleton</strong> has a slight upward trend through the last decade.Figure 7-7: Sales Tax - Annual Percentage Change <strong>20</strong>03-<strong>20</strong>1150.00%<strong>Kendleton</strong>40.00%30.00%Fort Bend County<strong>20</strong>.00%10.00%0.00%Texas-10.00%-<strong>20</strong>.00%-30.00%-40.00%-50.00%<strong>20</strong>03<strong>20</strong>04<strong>20</strong>05<strong>20</strong>06Sources:13 Texas Comptroller <strong>of</strong> Public Accounts<strong>20</strong>07<strong>20</strong>08<strong>20</strong>10<strong>20</strong>10<strong>20</strong>11<strong>20</strong>-<strong>Year</strong> <strong>Growth</strong> <strong>Plan</strong> 47

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