Economic Development Strategies for Attracting Businesses to Rural Areas

17 Jul 2023

News

Rural areas offer unique opportunities for businesses to thrive, with lower operating costs, access to natural resources, and a strong sense of community. However, attracting businesses to rural areas can be a challenge for many economic developers. Here are some strategies to get you started.

Read the complete article here.

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The 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.