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Abilene Texas Form 4626: What You Should Know

It is a long report, but here are some interesting highlights of interesting bits of information. — Our overall population increased by 23,844.3 people. — Our population increased by 0.2 percent which is 3,851.1 people. — The housing cost for households increased by 4,939.14, or a 4.5 percent increase. — Our property income and sales tax revenues declined 5.6 percent and 8.2 percent respectively. — We saved 23 million dollars from last year that will allow the Mayor's Office to continue its commitment of providing housing for our residents.  — Our overall school enrollment increased by 1.4 percent. The number of elementary and secondary enrollment was stable for the third year in a row at 1,079,250. — Our school graduation rate increased by one percentage point to 99.3 percent. We are on track to reach our stated goal of 99.99 percent. — The unemployment rate decreased 2.2 percent from 8.7 percent to 8.2 percent over the same period. — The average hourly wage in 2023 increased by 1.9 percent to 28.17 and the median wage increased by 2.3 percent to 23.33. The average household income increased by 5.2 percent to 77,933. — Median monthly income for a family of four increased by 10 percent to 1,832.61, but this was only 4.41 more than it was two months after the Great Recession. — The median home value rose by 7.2 percent to 215,900. — The median rent for a one-bedroom apartment increased 11.5 percent to 1,058.50, but our rents are still lower than in 2023 when this report was done. — The number of vacant and foreclosed homes in Harris County continues to increase, however, only 1.0 percent of our single-family homes had been foreclosed in fiscal year 2000, and we were 0.5 percent in fiscal year 2017.

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