Renter population soars as city grows
The growth that the Dallas-Fort Worth Metroplex has experienced is catching up in Burleson.
According to a new study, only eight other suburbs in the country had a more significant increase in renters population than Burleson in recent years.
The data researched by RENTCafe, a national apartment search provider, found the population of renters in Burleson had increased by 70 percent between 2011 and 2016.
Burleson trails only Flower Mound and Allen at renter population growth throughout Texas.
“A possible reason for the high number of renters added to Burleson’s population would be the suburb’s popularity among young families with children,” said Florentina Sarac, author of the RENTCafe study. “Boasting a small town feel and plenty of entertainment options, Burleson also offers an array of good public schools.”
Burleson ISD received an 82, or “B” grade in the Texas Education Agency’s 2018 state accountability ratings. Several individual schools in the district amassed distinctions in different categories like student achievement, post secondary readiness and closing the gaps.
The city of Burleson currently has 23 apartment complexes, said Mandy Clark, Burleson Development Services director.
Since 2011 — two years after the housing market crash that led to the Great Recession — four new apartment complexes were added to the city.
Burleson added about 4,983 new renters in a five- year time frame. While, rents increased by 21 percent or $210, during the same period.
The average rent in Burleson is $1,187, which, according to the study, is slightly more than what the average renter pays in Dallas.
Almost 30 percent of Burleson residents live in a rented space at present.
RENTCafe also found that out of Burleson’s total rental population, apartment rentals increased by 65 percent, while single-family rentals conferred the larger share with a 70 percent increase from 2010 to 2017.
There were 1,345 single-family renter households in Burleson in 2010. It increased to 2,298 single-family renter households in 2017.
Public record indicates three new apartment complexes are under construction or approved for construction and will welcome new renters in the coming future.
“The suburb’s proximity to Fort Worth and Dallas could also justify the increased interest it received from renters,” Sarac said.
With over 34,000 active workers, Burleson is the most popular place to live in Johnson County, according to data provided by Economic Modeling Study Impact, a leading economic impact analyst.
And, more job opportunities are spurring up in the area.
“The economy in our community continues to stay strong,” said Alex Philips, Burleson’s economic development manager. “It has been that way for quite a while now, and now we are seeing the people outside of our community start to take notice.”
Food manufacturer McLane Classic Food is investing $30 million to relocate its headquarters from Fort Worth to Burleson.
Golden State Food, the California-based foodservice supplier, will open a new manufacturing and distribution facility, which promises to create about 150 new jobs, in Burleson later this year.
“The new companies, restaurants and businesses that are deciding on Burleson has been more evident year over year and it is ultimately due to our quality of life and the authenticity of the people that call Burleson home,” Philips said. “They see our focus on families and they want to be a part of it.”