Killeen, Texas

Killeen Economic Development Corporation

Killeen is a dynamic Central Texas community anchored by Fort Hood, one of the largest military installations in the world, which helps drive a young and growing workforce. The city blends a business-friendly climate with affordable living, abundant parks and recreation, and strong regional connectivity. With its diverse population and expanding economy, Killeen offers companies a competitive location for growth, workforce access, and long-term stability.

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Killeen, Texas – Quick Facts

Source:

Population

160,616

Parks

More than 12 parks

Education

22% to 24% Bachelors or higher

Median Age

30 years

Healthcare

1 regional hospital. 1 private hospital

Commercial Space

Active industrial and business parks with available land for manufacturing and distribution

Median Household Income

$58,339

Workforce Estimate

60,300 employed residents

Foreign-Born Population

9.3%

Median Home Value

$196,000

Unemployment Rate

3.7–4.9% range

Companies

Over 6,000

Community Profile

Killeen, located in the heart of Central Texas near Fort Hood, is part of a dynamic metropolitan region with a young, growing population and a strategic location along major transportation corridors. The city’s workforce is supported by a mix of military, service, health care, education, and advanced industries, making it attractive for businesses seeking access to a diverse talent pool and expanding consumer base. Residents enjoy a high quality of life with numerous parks, family recreation facilities, and community amenities that contribute to strong talent retention.

The region benefits from robust institutional support and collaboration among economic development partners, including the Killeen Economic Development Corporation, local universities, and business organizations. This ecosystem fosters commercial growth, industrial expansion, and workforce development, positioning Killeen as a compelling location for companies in manufacturing, logistics, technology, healthcare, and professional services. The community’s cultural diversity and affordable living environment further enhance its appeal for companies and their employees alike.

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Target Industries

Aerospace & Defense
Artificial Intelligence
Semi- Conductor Supply Chain
Clean Energy
Health Sciences including Bio-Pharma Manufacturing and Research
Logistics & Distribution

Education & Workforce Pipeline

Killeen’s workforce is supported by a robust education ecosystem that includes Central Texas College, Texas A&M University-Central Texas, and multiple career and technical programs. These institutions work with employers to deliver industry-aligned training, certifications, and graduate talent in fields such as healthcare, manufacturing, logistics, and information technology. The proximity to Fort Hood also contributes to a steady pipeline of highly trained personnel transitioning into civilian careers.

Incentives

The Killeen Economic Development Corporation offers competitive incentive programs designed to support business investment, job creation, and capital projects. Incentives may include performance-based grants, tax rebates, infrastructure assistance, workforce training support, and customized economic packages tailored to project size and community impact. These programs are structured to help companies reduce upfront costs and accelerate establishment or expansion in the Killeen region.