Hockenyous Study
Did you know that real estate development, home building and construction create jobs, income and tax revenue for San Antonio.
Here are some other facts about the impact of real estate development in San Antonio:
The Economic Impact of Real Estate Development, Home Building and Construction is San Antonio
| Annual Economic Impact | Total |
| Economic Activity | $19.4 billion |
| Labor Income | $4.4 billion |
| Jobs | 131,544 |
| Local Tax Revenue | $163 million |
| Economic Impact of Other Sectors | Total |
| Finacial Services | $20.5 billion |
| Real Estate | $19.4 billion |
| Healthcare | $13.7 billion |
| Tourism | $8.7 billion |
Data compiled by Jon Hockenyos, Texas Perspectives, Inc., Austin, TX
- Real estate development, home and apartment building, construction, engineering and a host of related industries create jobs, income and tax revenue for the San Antonio area.
- Real estate development generates approximately 1/6th of the area’s economic output.
- Every sector of the economy benefits from the ripple effects; nearly 5,000 local manufacturing jobs, for example, can be attributed to the impact of development.
- Real estate development, home building and construction compare favorably to other major drivers of the San Antonio economy.