Economic Development Metrics

The Department of Economic Development is committed to promoting high-quality development and renewed investment in Lewisville. 

Find more information about Economic Development here

12 Month Delivered Commercial Square Footage

This metric subtracts the total demolished square footage from the total square footage completed in the past 365 days and includes both commercial alterations and new commercial development. The square footage in this calculation is based on active building permits that were closed in the last year. Permit activity fluctuates from year to year based on greater economic conditions and the timeline and review process of general development projects.

Source dataset (webpage) (csv)

Under Construction Commercial Square Footage

The amount of commercial square footage currently under construction according to active issued building permits in MyGovermentOnline. This metric includes all new commercial construction, shell buildings, apartments, and commercial alterations.

Source dataset (webpage) (csv)

Tax Increment Reinvestment Zones

A tax increment reinvestment zone (TIRZ) is an infrastructure financing tool made possible by Chapter 311 of the Texas Tax Code to assist cities in developing or redeveloping blighted and substandard areas. The purpose of the zone is to attract new investment. All taxes collected on new improvements (tax increments) are set aside in a fund to finance public improvements within the boundaries of the zone. Once all projects are completed, or after a defined period of time, the TIRZ is dissolved.

GOAL: To increase in tax value

Last Updated: August 2023

TIRZ #1 

2022 Tax Value


+ 42.8% from 2021 Tax Value

+ 451.6% from Base Tax Value

The Tax Increment Reinvestment Zone (TIRZ) was created in 2001 

for the Old Town area. 

TIRZ #2 

2022 Tax Value


- 2% from 2021 Tax Value

+ 2,747% from Base Tax Value

The Tax Increment Reinvestment Zone (TIRZ) #2 was created in 2008 

for the NW corner of I-35 near SH-121.

TIRZ #3 

2022 Tax Value


+ 25% from 2021 Tax Value

+ 115.5% from Base Tax Value

The Tax Increment Reinvestment Zone (TIRZ) #3 was created in 2018 

and encompasses Castle Hills Districts 1-G and 1-H.

TIRZ #4 

2022 Tax Value


+ 52.5% from 2021 Tax Value

+ 162.4% from Base Tax Value

The Tax Increment Reinvestment Zone (TIRZ) #4 was created in 2019 

for the NE corner of McGee Ln and the Kansas City Southern Railroad

Comparative Property Tax Rate - 2023

Low property taxes will long outlast any abatement or one-time incentive that can be offered by a municipality. With one of the lowest combined tax rates in DFW, Lewisville businesses can keep taxes low on their valuable improvements. Businesses and workers in Lewisville can keep more of their hard-earned money and prosper in a tax-friendly environment.

This chart is not exhaustive and may not include all taxes applicable to a specific property.

Source: Collin County, Dallas County, Denton County, Tarrant County 

Last Updated: December 12, 2023

Market Potential Indices (MPI)

A Market Potential Index (MPI) is the ratio of the local consumption rate for a product or service relative to the US consumption rate for that product or service, multiplied by 100. In short, this index measures demand for a market. 

If the index is greater than 100, then local demand for that market is higher than the national average.

If the index is less than 100, then local demand is lower than the national average.

Source: Esri Market Potential dataset, based on the MRI-Simmons consumer survey

Top Tapestry Segments

"Tapestry is a market segmentation system built from using a large, well-selected array of attributes of demographic and socioeconomic variables to identify numerous unique consumer markets throughout the United States. Neighborhoods with the most similar characteristics are grouped together, and neighborhoods showing divergent characteristics are separated." -- Esri

Source: Esri Tapestry Segmentation dataset

Last Updated: 12/1/2022




Average Consumer Expenditures

The chart below shows the average annual expenditures of Lewisville households across various markets.

Source: Esri Consumer Spending dataset, based on the latest Consumer Expenditure Surveys (CEX) from the Bureau of Labor Statistics







Average Household Size

Median Household Income







Lewisville Population Household Income

As seen in the chart to the left, slightly over half of Lewisville households earn more than $75,000 annually. A large proportion of higher-earning households can be indicative of the overall educational attainment of a population and the types of careers a population might have.

Source: Esri Community Profile Report

Educational Attainment 

(Population Age 25+)

Over half of Lewisville residents aged 25+ have some degree of college education. A well-educated population can be indicative of a relatively higher-skilled, innovative workforce.

Source: Esri Community Profile Report

Percent of Population Employed 

Over 16 Years of Age

Lewisville's Top Ten Employers

The list to the left is maintained and updated by Economic Development staff annually for tracking purposes.

Source: Annual Compliance Reports, ReferenceUSA

Most metrics are updated daily