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Economic Development

The city of Blanchard has created an environment where public/private partnerships expedite both the timing and profitability of investments in the community. A main street beautification project has been completed and infrastructure is being improved to handle the rise in population. The newly widened and renovated US-62 highway ensures convenience and quick access for patrons of new and existing businesses. The city of Blanchard is actively seeking additional retail development to fill identified product and service gaps and offers retail incentives. The city administration understands the necessity for public-private partnerships to facilitate retail development and works to make the development process as streamlined as possible. A new TIF District creation is underway for commercial development.

Population - Primary Trade Area

  • 2013 Estimate, Total Population 12,826
  • Annual Growth, 2000-2013 2.99%
  • Annual Growth, 2013-2018 1.8%

Educational Attainment

  • Earned a College Degree 25.8%

Composition

  • Family Households 87.7%
  • Non-Family Households 12.3%

Income - 2013 Estimates

  • Average Household Income $68,707

Occupation/Workforce

  • White Collar Workers 56.3%
  • Blue Collar Workers 43.7%
  • Unemployment Rate 2.7%

Housing

  • Owner-Occupied Housing 83.6%
  • Median Value, Owner-Occupied Housing $126,741
  • Percentage of homes built between 2000-10 22%