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Economic Development Mission Statement

The City of Watauga is dedicated to significantly and continually serve the needs of existing Watauga businesses, encourage new businesses to locate in Watauga and improve the quality of life for the residents of Watauga. Therefore, the City shall devise, propose, implement and use approved methods by which the City can retain existing businesses and create an environment conducive to the expansion of business enterprise (general and commercial) consistent insofar as possible with the maintenance of a predominately residential community in which its current peace and tranquility are preserved.  Click here to view the City's economic development video. The City's community video can be seen by clicking the button to the left.
 

NEW BUSINESS RESOURCES FOR RESIDENTS

As part of its continued commitment to helping local businesses succeed, the City of Watauga is now offering a place where new and existing businesses can find the best local, state, and national information and resources. In addition, the Shop Watauga Program is available, free of charge, to help local businesses promote and increase their business. For more information on the Shop Local Program, please contact Gena Camacho at gcamacho@cowtx.org or by phone at (817)514-5813, For resources for potential and new businesses click here. For existing businesses click here.

NEW BUSINESS RESOURCES FOR RESIDENTS
Searching for the best deal at your favorite restaurant, retail outlet, or nail salon? Wanting the most up to date information on business openings and renovations? Click here and find what you are looking for.

Watauga's pro-business environment and its membership in numerous regional and state economic development organizations, provides the assistance needed in bringing business and industry to the area. The City has a bustling business environment of over 400 small, medium and large firms providing a diverse group of goods and services to its citizens.

These businesses support a quality of life unsurpassed by most towns of this size. While the business base includes several national chains, over 75% are owned by independent business people.

In Watauga, you can find an ample selection of businesses providing personal and professional services ranging from tailor-made suits to auto parts. Several large shopping malls are within a ten minute drive from Watauga.  The City is home to five financial institutions, major food chains and many food establishments, thus providing freedom of choice for all of your families' needs.

In addition, the City of Watauga provides several economic incentives for new and expanding businesses including: sales tax rebates, property tax rebates, development fee rebates, and financial assistance through loans and grants. City Council approved Guidelines and Criteria apply to all economic development incentives.

If you have an interest in finding retail space to relocate your business in Watauga, please contact Gena Camacho in the City Manager's Office at (817) 514-5813 or by e-mail at Gcamacho@cowtx.org.

Click here to download and print the City of Watauga Economic Incentives, Guidelines, and Criteria Packet. This form may also be mailed or faxed upon request.

CNNMoney.com has named the City of Watauga as having the second most affordable housing in the nation, following behind Nicholasville, Kentucky.  This rating is based on data collected by the Tarrant County Tax Accessor's Office regarding home sales for the year 2007.  Residents who buy real estate in Watauga see their incomes go the furthest.  The median home sale price for 2007 was $117,040 and the median family income was $73,203.