TAMIU Economic Impact Analysis FY 2021

136,376 people are employed in Webb County. The distribution of jobs in Webb County by industry is shown in Table 5.2. The Transportation sector, accountingforover21,000jobs, or16% of all employment in the area, is the largest employer in the region’s non- government industry sectors. Figure 2 depicts the share of generated Labor Income vs generated Employment by Industry in Webb County. THE WEBB COUNTY ECONOMY (CONT...) Webb County’s mean income by education level is shown in Table 5.3. As evidenced, students who pursue greater levels of Education have the potential to make more money than those who hold only a high school diploma. Abachelor’s degree recipient can anticipate earning $49,946 a year, or about $22,740 more than someone with only a high school diploma. TABLE 5.2: Employment Distribution Government 21,308 Transportation/Warehouse 21,283 Health Carre/Social Asst. 16,941 Retail Trade 11,884 Other Industries 64,960 Total 136,376 Source: IMPLAN WEBB COUNTY EDUCATION TABLE 5.3: Earnings by Edcuation Level Less than High School $20,065 High School graudate/EQ $27,206 Some College/Associates $33,081 Bachelor’s Degree $49,946 Graduate or Professional $65,711 Avg. Population 25+ years $30,750 Source: U.S. Census Source: IMPLAN FIGURE 2: Webb County Employment Count & Income Generation by Major Industries 2021 Government Employment 0 % 10% 20% 30% 40% 50% % of Total Employment Count % of Total Income Generation Transportation & Warehousing Health Care & Social assistance Retail Trade All Other Industries 21,308 $ 1,674,531,989 21,283 $ 1,121,498,902 16,941 $ 698,447,511 11,884 $ 377,731,318 64,960 $ 2,366,037,317 12

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