Conroe is the Leading Boomtoom in Texas

In late 2021, SmartAsset, a New York-based financial technology company released a study ranking Conroe as the No. 1 boomtown in the state. Among the 500 cities in the study, Conroe ranked fifth for the five-year population change and fourth for the five-year growth rate in housing. On SmartAsset’s 100-point scale, Conroe earned a score of 97.59.

Steady growth, with no signs of slowing down

According to the U.S. Census Bureau, Conroe was home to nearly 90,000 people as of April 2020. Danielle Scheiner, Executive Director of the Conroe Economic Development Council was recently quoted saying “population growth in Conroe is not slowing. The increase continues to be steady. Conroe’s median age and educational attainment [are] ideal for businesses looking to locate here.” The study also mentioned that Conroe is part of Montgomery County, which has seen an annualized GDP growth rate of close to 9% over the past three years – a figure that puts it in the top 1% of cities.

Conroe’s Economic Development Council’s website mentions that the population has more than doubled since 2000 and continues to grow at record speeds. They attribute this to many things, including the fact that Conroe is home to many affordable living options for residents, several property options for incoming businesses as well as a strong infrastructure. The low cost of living in Conroe and Montgomery County remains an attractive feature as well.

What does this mean for business?

The Greater Houston Partnership’s website states that Conroe’s economic base is well-diversified with 4,800 employers in a variety of sectors, the largest of which is retail, followed closely by health care, social services and public administration. The top jobs by occupation in Conroe are office and administrative support, executive managers, administrators, sales, production workers, construction and extraction. They also mention the 248-acre Deison Technology Park and Conroe Park North, a 1,655-acre industrial park as major contributors to attracting new businesses to Conroe.

In 2020, Brian Bondy, then President of the Conroe/Lake Conroe Chamber of Commerce, noted, “Conroe’s growth can be attributed to a wide variety of reasons including location, schools, housing availability and affordability and an excellent place for doing business. With a vibrant downtown and the beautiful lake area as well as a strong commitment from a growing business base, Conroe is poised to grow well into the future.”

Positioned to grow with the area

Montgomery Self Storage is locally owned and operated and has continued to invest in this rapidly growing area through expansion and improvement projects at all of our properties, including our three locations on Highway 105, our FM 2854 Road location or our newest property in Magnolia. We hope you will consider us for any personal or business storage needs.