Belton is a proactive, business friendly community. Its location in the core of the Temple-Killeen-Ft Hood MSA provides easy access to the estimated 400,000 people in the region. The military, government, medical/healthcare services, manufacturing/distribution, agricultural/agribusiness, retail trade and business IT consulting services are different thriving industry sectors in the MSA that continue to be a major economic influence contributing to the growth and prosperity of Belton. Belton holds the Bell County seat, and is also home to manufacturing, advanced manufacturing, distribution and business IT consulting companies such as Belco Manufacturing, American Spin Cast, Belltec, UPS, Frito Lay, Harvest Technologies and CGI to name a few.
Industrial Employment Projections
Between 2005- 2015, jobs in the Central Texas economy are projected to grow 17.9%, an average annual rate of 1.7%, with the following industries anticipated to drive employment growth:
SOURCE: Economic Development and Analysis Division, Texas Comptroller of Public Accounts calculations and EMSI.
Per Capita Personal Income
According to the U.S. Department of Commerce, Bureau of Economic Analysis, in 2010 the Killeen-Temple-Fort Hood per capita personal income (PCPI) was $37,428, 94% of the national average, ranking as 131st in the country. The compound annual growth rate of per capita personal income from 2000 – 2012 in this MSA was 5.1%, 2.3% above the compound annual growth rate for the nation.
2010 Per Capita Personal Income
Source: U.S. Department of Commerce, Bureau of Economic Analysis, Bearfacts, Sep. 2012