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Economic Conditions of New Braunfels, TX

The economy of New Braunfels is diverse and strong, not to mention growing at a phenomenal rate. New Braunfels is growing at four times the rate of Texas, with about 4 percent growth every year since 2003. The New Braunfels Economic Development Council (EDC) is a nonprofit that serves as a partnership and liaison between the Greater New Braunfels Chamber of Commerce, the Greater New Braunfels Economic Development Foundation, New Braunfels Utilities, the city, and the county. The EDC has created more than 9,798 jobs since 2003, increased available office space, and decreased the excess of medical office and retail space. The emphasis is currently on recruiting high-wage jobs, creating ready-to-go sites, and focusing on medical services and training. With more than 38 percent of the population making more than $75,000 per year, the median household for the city is $59,083, and with an unemployment rate of only 3.2 percent, the goals set forth by the economic development council are paying off.

The New Braunfels EDC provides new economic goals for the city every year based on the successes of the previous year. In 2014, New Braunfels added 1,946 jobs, which was a new record for the city. Job growth was down a bit in 2015, but new business meter registrations set a record that year with 187 new meters added. The business meters are an important revenue creator for the city. The job growth, in turn, gives more money to the citizens of the community, which increases shopping and thus the tax revenue for the city. In fact, the city has seen sales tax revenues increase by 160 percent since 2003, and sales tax revenues topped $22 million in both 2014 and 2015. The sales tax in New Braunfels is 8.25 percent, and there is no municipal income tax.

There are many different businesses and industries in New Braunfels, which provides for a flexible economy. About 15 percent of the population work in retail, 13 percent in health care and social assistance, about 10 percent in education, and 9 percent in accommodations and food services. Retail and accommodations are so large due to tourism to the area. The natural spring rivers here are always 70-72 degrees Fahrenheit, which is pretty enticing during the hot and humid American summers.

Classic Air Conditioning and Heating takes pride in being locally owned and operated, their 15 employees provide excellent customer service when it comes to air conditioners repair needs. Below you can discover some of the major employers in New Braunfels:

Comal Independent School District – Employs 2,400. Provides k-12 public education to residents of New Braunfels and Comal, Bexar, Hays, Kendall, and Guadalupe counties.

Schlitterbahn Waterpark Resort – Employs 1,863. Recognized as the best waterpark in the world. Features 65-acres of aquatic adventures, including the first surfing machine in the world.

Walmart Distribution Center –Employs 1,035. Provides regional shipping to Walmart department stores across southern and central Texas.

Colorado Materials – Employs 586. Mines and processes crushed limestone and hot mix asphalt for sale throughout Texas.

Christus Santa Rose Hospital – Employs 534. One of two hospitals in New Braunfels that provides emergency care.

HD Supply – Employs 520. Distributor of industrial goods throughout North America.

Contact Us if you have questions or want to know more.

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See What Our Customers Are Saying

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See What Our Customers Are Saying

Karrie Mikle
Karrie Mikle
2022-05-06
Verified
Everyone I have dealt with at Classic over the last several years always go the extra mile with customer service. Reliable, pleasant and knowledgeable team - especially JOEY SCALA!
Sarah Rogers
Sarah Rogers
2022-05-03
Verified
Eddie, Isaac and saul did amazing work, talked to me about everything, and made sure they installed my new ac properly. Thank yall so much!
CHERYL SCHILLINGS
CHERYL SCHILLINGS
2022-04-18
Verified
William Bragg
William Bragg
2022-04-08
Verified
We've been using Classic Air Conditioning & Heating Services for the past five years to include Installation of new units (flawless by the way), bi-annual check-ups that are scheduled and carried out without a second thought on my part, and in emergencies (backed up drain in the bathroom with a response time in under 24 hours to troubleshoot the problem). Their technicians are master's at their craft, personable, and cut to the chase on his service calls. I never feel like I'm being given the run around or a sales pitch with this company. Today, Mitchell Wesch went above and beyond walking us through what was happening and provided a multitude of options and expected timelines for future repairs. Once again, a great example of exemplary customer service. He was able to troubleshoot the problem with zero delay. We're ready for the Texas summer, and are already looking forward to the next scheduled service call. Thank you Classic Services for keeping our home healthy and happy.
Sondra Von Gyllenband
Sondra Von Gyllenband
2022-04-08
Verified
These folks are kind and helpful. They will above and beyond to assist. They make sure what needs to be done is done. Sondra
Lexie Gillotti
Lexie Gillotti
2022-04-06
Verified
Theresa did an amazing job! She informed me about everything she was doing and took extra pictures so I could have them for my record. She was quick but still answered all my questions. She definitely saved the day when my condensor froze over on the coldest day of the year, leaving my family in the cold. She was out at my house within the hour and had everything fixed in minutes.
MARIE ORTEGA
MARIE ORTEGA
2022-03-29
Verified
Very professional presentation and very very quick arrival day Same Day to our needs much better than anyone in San Antonio, very disappointed with services from San Antonio. Importantly corrected our problem in same day. Took their time and gave advice and great great pricing. Won’t go anywhere else. Will always consider local businesses instead.
Jeffrey Fields
Jeffrey Fields
2022-03-26
Verified
Jan Smith
Jan Smith
2022-03-10
Verified
Stephanie Corona
Stephanie Corona
2022-02-23
Verified
Well, once again, Classic comes to the rescue. I am on their yearly maintenance plan and yesterday Nate showed up for a late afternoon service call. Nate was professional, friendly and knowledgeable. This company never ceases to impress me. From the person that answers the phone to the people that come out to help. ALWAYS on time, responsive and caring. GREAT JOB NATE!!!

Classic Services AC & Heating

1893 State Highway 46 South, New Braunfels, TX 78130, United States

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