Page 47 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

Section 1 Executive
Community Profile

WESTLAKE POPULATION

The Town of Westlake has experienced exponential growth over the last decade; the
national census reported 207 residents in 2001 and 992 residents in 2011.

1310Population
Growth
1270
1200
1184
1063 1109
992
785 803 847

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Tarrant County Average Age Percent
Unemployment Rate 18 – 34 years 4%
Source: 2017 Town of Westlake Audit 35 – 54 years 52%
55 – 74 years 36%
Year Rate 75+ years 8%
2003 6.30% Source: 2017 Westlake Citizen Survey

2004 5.30%
2005 5.10%
2006 4.60% 84% of Household Income Percent
2007 4.30% residents rate Under $50K 6%
2008 5.10% the Town of 50K - $149K 4%

2009 8.10% Westlake as 150K - $500K 31%
an excellent
2010 8.10% 500K plus 59%
place to live! Source: 2017 Westlake Citizen Survey
2011 7.90%
2012 6.20%

2013 6.00%
Years Lived in Westlake Percent
2014 5.00%
5 years or less 49%
2015 4.00%
6 to 10 years 23%
2016 4.10% 11 to 15 years 15%
2017 3.20% 16 years plus 13%
Source: 2017 Westlake Citizen Survey

33