0 Properties
0 News
0 Articles

Doing Business in Killeen

Killeen is Growing

Business is booming in Killeen (population 112,000), which has prospered for more than a hundred years since its founding in 1882 by the Santa Fe Railroad to serve as a shipping station for cotton and cattle. Killeen is located in one of the fastest-growing economic corridors in the nation - an hour’s drive from Austin, three hours from San Antonio, four hours from Houston and three from Dallas. Airlines providing service to and from Killeen (40 flights daily) are American Eagle and Continental. Killeen is the home of Fort Hood, the Army’s premiere military installation.

Grow With Us

#2 Economy in Nation

MSA ranked 5th strongest economy in Texas

MSA ranks #9 in affordable housing

97,000 vehicles per day on Hwy 190

Maps

Javascript is required to view this map.

Fort Hood

Fort Hood is truly the largest single economic engine of not just Killeen, but the Central Texas Region.  The post has seen significant growth over the years, and as it has grown so has Killeen.

  2004 2007 % Change
Soldiers Assigned 44,000 53,000 +20.5%
Department of Army Civilians 4,000 5,100 +27.5%
Service/Contract Employees 6,700 9,200 +37.3%

 

Population

Spurred by the growth of Fort Hood, the face of Killeen changes daily.  Rapid migration to the area has resulted in tremendous increases in the city and the region's population.

Retail

The following information is intended to give you a sense of the health of our retail sectors in the Greater Killeen area.  If you are unable to find what you are looking for please do not hesitate to contact us directly.

Workforce

The following information is intended to give you a sense of the health of our surrounding workforce in the Greater Killeen area.  If you are unable to find what you are looking for please do not hesitate to contact us directly.

 

Utilities

The following information is intended to give you a sense of the available utilities in the Greater Killeen area.  If you are unable to find what you are looking for please do not hesitate to contact us directly.

Incentives

This portion of our website will provide you with the process and a summary of the incentives available to a potential employer through the cooperative efforts of the Greater Killeen Chamber of Commerce (GKCC) and the Killeen Economic Development Corporation (KEDC).

The Process

Incentives are negotiated on a case-by-case basis between the company and KEDC. The GKCC staff facilitates that process. Incentive levels are determined by the economic impact of the project on the local economy and other benefits to the community that may occur as a result of the project.

The formal process begins when a company requests Economic Impact Input Data Sheets from GKCC, completes those Data Sheets and returns them to GKCC.

The company is then provided an Offer Letter from KEDC outlining the incentive offer. After a successful negotiation of the offer has been concluded, KEDC and company obligations are captured in a Performance Agreement. The Performance Agreement is a performance-based contract executed by both parties. It describes the incentives to be provided by KEDC and the terms and conditions under which they will be provided. It also describes the requirements the company must meet to earn and retain the incentives.

Government

 

City Government
  City of Killeen City of Harker Heights
Council/Manager Yes Yes
Council Members 8 6
City Zoning Body Yes Yes
Master Plan Yes Yes

 

Taxes

Taxes in Killeen, Texas are fair.  As a state Texas ranks 43rd in total tax burden as a percentage of income.  Texas has no state income tax.

Transportation

Killeen has several transportation assets that you need to be aware of. 

  1. The Killeen-Fort Hood Regional Airport is served by three airlines and provides non-stop flights to Dallas, Houston and Atlanta. 
  2. US Highway 190 is multi-lane highway built to interstate standards.  Killeen is 20 miles away from I35.

Where is Killeen?  We have a detailed set of Killeen maps?

 

The following information is intended to give you a sense of our transportation systems in the Greater Killeen area.