Page 27 - CityofWataugaAdoptedBudgetFY24
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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 estimated population
               as  of  January  2023  is  23,653  as  reported  by  the  North  Central  Texas  Council  of
               Governments (NCTCOG).

               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 8.3 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 24 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 49th anniversary in January 2023,
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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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