Page 26 - CityofWataugaAdoptedBudgetFY25
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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  2024  is  23,775  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 in January 2024 has a total estimated population of
               8.5  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 $688.93 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  opened  in  September  1973,  covers
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               approximately twenty-eight square miles and currently ranks as the 2  busiest airport in
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               the world based on passenger traffic and the 3  busiest based on aircraft movement.
               The airport is so large that it has its own zip code and emergency services.










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