Establishments, Employments, and Earnings by Industry in Burnet County
This article is part of an ongoing, county-by-county, industry overview of the Rural Capital Area. This article covers establishments, employment, and earnings in Burnet County.
Establishments
Like many areas, the largest industry in Burnet County by number of establishments is Restaurants and Other Eating Places (98 establishments) followed by Building Equipment Contractors (85 establishments).
Figure 1: Number of Establishments in Burnet County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
Of the industries with the most establishments, Residential Building Construction saw the most growth in Burnet County, growing 30% from 2021 to 2023. Other Specialty Trade Contractors also saw significant growth in the same period, increasing 30%. Excluding, Restaurants and Other Eating Places, every other industry grew at a faster rate in Burnet County than Texas and the U.S.
Figure 2: Percent Change in Top Establishments, Burnet County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
Employment
Restaurants and Other Eating Places is also the largest industry group by number of employees in Burnet County. Building Equipment Contractors is the second-largest industry by number of employees. All of the top industries by employment in Burnet County have seen increases in employment since 2021 except General Merchandise Stores.
Figure 3: Number of Employees by Industry, Burnet County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
By growth in employment, Building Equipment Contractors saw some of the greatest changes from 2021 to 2023. The Utility System Construction and Grocery/Convenience stores also saw substantial growth in employment from 2021 to 2023.
Figure 4: Growth in Employment, Burnet County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
However, Big Box Stores/General Stores and Home Health Care Services both declined in employment. This is interesting because for the state of Texas and U.S as a whole, employment in Home Health Care Services have increased between 2021 and 2023, but employment in Big Box Stores / General Stores have decreased like in Burnett County.
Figure 5: Decline in Employment, Burnet County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
Earnings
General Medical and Surgical Hospitals top the list in Burnet County as the industry with the most earnings ($17.1 million). Restaurants and Other Eating Places appear in the second position ($8.6 million).
Figure 6: Earnings, Burnet County, 2021 to 2023
Source: Data Tactical Group, DTG 2024.Q2
One way to visualize industry earnings in Burnet County is imagining all earnings from all industries as a hundred dollars. Of that hundred dollars, the top two industries comprise $13. The top ten industries produce about $33 altogether. The remaining $64 is produced by all other industries, meaning that earnings in Burnet County are diversified, spread across a wide range of industries.
Figure 7: Earnings Visualized, Burnet County, 2023
Source: Data Tactical Group, DTG 2024.Q2