Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
25 Jul 2022
News
The national news headlines in 2021 shifted dramatically, from wall-to-wall pandemic coverage to stories of extraordinary economic growth and recovery. After a dramatic downturn in 2020, the economy came roaring back with unexpected gusto — and that enthusiasm is reflected in the economic development activity that was bringing smiles and applause across the country last year.
The 2022 Shovel Awards recognize the best of all that good economic development news from the past year. These state honors are based on information provided by economic development officials, and though it’s always possible for plans to be revised or delayed by unforeseen circumstances, the information was current at the time it was provided.
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Jul 22 2022The Royse City, TX Community
Royse City is home to a growing number of young professionals and families. The average age within the city is 32 years old, and the educational attainment is higher than the national average. This has led to a population that is active, educated, and earns around $90,000 per year - far more than the national average. With 15,000 new homes in some stage of development, the city’s growth is expected to continue for some time. As it does, investments are being made in parks and recreation and the local school district.
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Low Cost of Living
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