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Welcome to the Workforce Solutions Rural Capital Area monthly newsletter.
This resource empowers leaders with the tools and data they need to make informed decisions. By analyzing workforce trends, identifying skills gaps, and understanding industry needs, leaders can effectively allocate resources, attract businesses, support workforce development, and advocate for policies that create a thriving local economy. This resource provides access to critical data sources and insights to help you navigate the complexities of the local economy and achieve your economic development goals.
This month, we delve into the latest workforce trends in Williamson County. We want this tool to be a valuable resource for you. Share your suggestions by reaching out to communications@ruralcapital.net.
This article is part of an ongoing, county-by-county, industry overview of the Rural Capital Area. This article covers establishments, employment, and earnings in Williamson County.
Establishments
As of 2023, Williamson County has an estimated population of 697,191. The County seat is Georgetown and was founded in 1848. The largest industry in Williamson County by number of establishments is Computer Systems Design and Related Services (1120 establishments) followed by Restaurants and other Eating Places (947 establishments).
Figure 1: Number of Establishments in Williamson County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
To be one of the industries with the most establishments in Williamson County, it must have at least 305 establishments. Of the industries in that group, Computer Systems Design and Related Services saw the most growth in Williamson County, increasing 25% from 2021 to 2023. Offices of Other Health Practitioners also saw significant growth in the same period, increasing 13%. However, Agencies, Brokerages, and Other Insurance Related Activities experienced a decline between 2021 and 2023.
Figure 2: Percent Change in Top Establishments, Williamson County (By Number of Establishments), 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
Employment
Restaurants and Other Eating Places are the largest industry group by number of employees in Williamson County. Professional and Commercial Equipment, and Supplies Merchant Wholesalers are the second-largest industry in Williamson County. Two of the top three industries by employment in Williamson County have seen increases in employment since 2021.
Figure 3: Number of Employees by Industry, Williamson County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
By growth in employment, Computer Systems Design and Related Services saw the greatest changes from 2021 to 2023. Grocery and Convenience Retailers also saw substantial growth in employment from 2021 to 2023 while Warehouse Clubs, Supercenters, and Other General Merchandise Retailers had a major decline in employment.
Figure 4: Growth in Employment, Williamson County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
Employment in Computer Systems Design and Related Services saw significant growth in Williamson County. This aligns with trends in these same industries at the state and national levels. Employment in Computer Systems Design and Related Services is a broad classification that includes businesses primarily engaged in designing and implementing computer systems and related services. Some jobs that fall under this include software development, cybersecurity solutions, cloud computing services, and IT support and maintenance.
Professional and Commercial Equipment and Supplies Merchant Wholesalers saw a small decline in Williamson County, in stark contrast to the state and national levels. Special Food Services includes businesses primarily engaged in wholesaling professional and commercial equipment and supplies. Some jobs that fall under this category include Sales Representatives, Procurement Specialists, Equipment Technicians.
General and Medical Surgical Hospitals saw a 13% growth in employment in Williamson County. This also aligns with trends in these same industries at the state and national levels. This category contains businesses primarily engaged in installing or servicing equipment that is part of a building’s essential systems. These systems include electrical, plumbing, HVAC, and other mechanical systems.
Figure 5: Decline in Employment, Williamson County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
Earnings
Computer and Peripheral Equipment Manufacturing tops the list in Williamson County as the industry with the most earnings ($424 million). Professional and Commercial Equipment and Supplies Merchant Wholesalers occupies second position ($398 million).
Figure 6: Earnings, Williamson County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
One way to visualize industry earnings in Williamson County is imagining all earnings from all industries as a hundred dollars. Of that hundred dollars, three of the seven industries listed comprise $30. Those seven industries produce about $40 altogether. The remaining $60 is produced by all other industries, meaning that earnings in Williamson County are spread across a wide range of other sectors.
Figure 7: Earnings Visualized, Williamson County, 2023
Source: Data Tactical Group, DTG 2024.Q2
Williamson County, Texas, is experiencing rapid economic growth, fueled by a 22.9% population surge since 2018 and the creation of over 55,000 new jobs. This growth is supported by a highly skilled workforce, evidenced by a low unemployment rate of 3.6%, a high median household income, and significant educational attainment. Major employers across technology, healthcare, and logistics, coupled with a vibrant entrepreneurial ecosystem, contribute to the county’s dynamic economy.
The county’s appeal is further enhanced by a strong quality of life, including low crime rates and a diverse community. Continued investment in workforce development, infrastructure, and public safety, alongside strategic partnerships, will be critical for sustaining this growth. With a proactive educational pipeline and ongoing migration from major metro areas, Williamson County is poised to remain a leading economic hub in Texas.
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We invite you to visit one of our Williamson County offices and discover how Workforce Solutions Rural Capital Area can help you achieve your career and business goals.
Let’s Build a Stronger Williamson County Together,
Paul Fletcher CEO Workforce Solutions Rural Capital Area