Page 25 - Watauga FY22-23 Budget
P. 25

COMMUNITY PROFILE AND GENERAL INFORMATION

               The City of Watauga is located in Tarrant County, approximately 10 miles northeast of
               downtown Fort Worth and 25 miles northwest of downtown Dallas. The City’s corporate
               boundary comprises approximately four square miles. Watauga’s current population is
               approximately 23,770.

               The City of Watauga is part of the Metroplex of north-central Texas, which includes the
               cities of Fort Worth and Dallas and has a total estimated population of nearly 7.6 million
               people.  The  economy  of  the  area  is  based  upon  banking,  commerce,  insurance,
               technology, energy, healthcare, medical research,  transportation and logistics.   Dallas-
               Ft. Worth is home to 25 Fortune 500 companies.   The region boasts a GDP of just over
               $472.33 billion.  The 11 county Dallas-Fort Worth Metroplex has been designated as one
               Consolidated Metropolitan Statistical Area (CMSA), and is the most populous area in both
               Texas and the Southern United States.

               Economic conditions in the Metroplex continue to be influenced by the development and
               operation of the Dallas-Fort Worth International Airport which is located only ten miles
               southeast of Watauga. The airport, which celebrated its 48th anniversary in January 2022,
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               covers approximately twenty-eight square miles and currently ranks as the 4  largest
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               airport in the world based on operations and the 12  largest based on passengers served.
               The airport is so large that it has its own zip code and emergency services.










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