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Tyler, Texas is considered the advanced manufacturing, health care,
educational, and retail center of East Texas. We offer companies
a quality, centrally located, middle market location with many of
the advantages of a major market. The economy is diverse and the
area offers abundant and low cost labor, land, and buildings.
Tyler is part of the Tyler Metropolitan Statistical Area (MSA) which
includes all of Smith County, Texas. Tyler/Smith
County is strategically positioned just 90 miles east of Dallas/Fort
Worth, 90 miles west of Shreveport, LA, and less than 200 miles north
of Houston. Both Shreveport and Houston have international shipping
facilities. Tyler has excellent interstate and U.S. Highway systems
with I-20, U.S. 271, and U.S. 69, and four major state highways that
provide efficient and economical transportation to all destinations.
The City of Tyler has experienced significant growth over the last
several years. The latest 2006 Census projections estimate the Tyler
MSA population at 194,635 and the City of Tyler at 94,146. However,
according to a consulting group, Population and Survey Analysts,
the City's population is now 101,106 - up from the 2000 Census estimate
of 83,650.
The East Texas Council Of Governments (ETCOG) has qualified Tyler
as the first Certified Retirement City in Texas. Tyler meets high
standards for retiree living, such as low crime rate, affordable
housing, quality health care, abundant recreation and educational
opportunities. Tyler is 16th in the nation for cost of living in
Retirement Places Rated: Special Millennium Edition.
Tyler offers many financial advantages as well. Sales tax is on
non-essential items only, no state income tax, and property taxes
are lower than the state and national average for Texas mid to large
sized cities (Texas Municipal League). In fact, Tyler consistently
ranks below the national average in cost of living according to the
American Chamber of Commerce Researcher’s Association.
Tyler's cost of living index at the first quarter of 2007 was 91.1
of 100, and has consistently been 90-96% of the national average
for the past five years. Cost of living indexes measure the relative
price levels for consumer goods and services compared against the
national average. The national average is always 100. Indexes below
100 indicate lower prices (less expensive) than the national average.
One of the fastest growing and significant industries in Tyler comes
from our medical community. With 3 primary hospitals and vast number
of supporting clinics, practices, and specialty hospitals, Tyler
has become the regional medical hub of East Texas. Due to its diversity
and experience, residents in the area know that they can find comfort
that almost all major surgeries can be performed locally without
the stressing need to travel long distances. Somewhat unusual for
its size, Tyler is home to 3 colleges and universities and other
educational facilities that provide a very large and talented employment
pool with an advanced education.
Demand for housing in the Tyler area continues to rise as the population
grows. Despite a continuing increase in the average home sale price,
the cost of buying a home is still very affordable due to the low
cost of living.
Information provided by the Tyler Area Chamber of Commerce
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