Galveston

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City Summary

Galveston is a unique and historic place to live, work, and play. It is often referred to as Texas’ Playground but it is that and so much more. It is also an important component in the economic engine of the Gulf coast.

Galveston has a diverse economic base featuring tourism, medical, financial services, port access to the Gulf of Mexico, and international air services to the rest of the world. Over 6.5 million people visit Galveston Island each year, which is not surprising since the Port of Galveston is the 4th largest Cruise Port in the United States.

There are three higher education institutions located in the City of Galveston; Texas A&M Galveston, University of Texas Medical Branch (the oldest medical school west of the Mississippi River), and Galveston College (voted Best Community College in Texas for the last 2 years).


City of Galveston

Demographics

Population (2014 Est.)
Males 24,296
Females 25,312
Total 49,608
Population Incomes (2015 Est.)
Median Household $43,413
Per Capita $29,439
Education (Ages 25+)
High School or Higher 89.1%
Bachelor’s Degree or Higher 28.6%
Graduate or Professional Degree 12.9%

Taxes and Business Costs

Taxing Entity Adopted Tax Rate Maintenance & Operations Rate Debt Rate Effective Tax Rate Effective Maintenance & Operations Rate Rollback Tax Rate
GALVESTON COMMUNITY COLLEGE DISTRICT
Tax Year 2016 0.17025 0.17025 0 0.16412 0.16412 0.177249
GALVESTON CITY TEXAS
Tax Year 2016 0.526 0.491025 0.034975 0.490728 0.447397 0.526096
GALVESTON ISD
Tax Year 2016 1.155 1.06 0.095 1.061137 1.059866 1.157147
NAVIGATION DISTRICT #1
Tax Year 2016 0.041673 0.041673 0 0.041673 0.041673 0.045006
GALVESTON COUNTY
Tax Year 2016 0.552 0.464209 0.087791 0.557981 0.464838 0.598946

Sales Tax Rate (2017): 8.25%

Incentives

  • 380 Agreements/Building Facade Program in Downtown-Strand Area
  • 4B Industrial Development Corp Infrastructure Improvements
  • Tax Increment Reinvestment Zones
  • Public Improvement Districts
  • Historic Tax and Energy Credits
  • Permitting and Project Planning Assistance

Points of Contact

 

 

City of Galveston City Hall
823 Rosenberg
Galveston, TX 77553
409-797-3500
www.galvestontx.gov

 

Source of Business and Labor Numbers: The Next Move Group