Read verified reviews from business owners, find state/local incentives, and understand key decision data.

Target Industries

Technology

Farmers Branch offers a robust fiber-optic network and incentives for tech startups, making it an ideal location for innovative technology firms seeking high-speed connectivity and supportive business environment.

Healthcare & Biotech

With proximity to leading research institutions and hospitals in the Dallas-Fort Worth area, Farmers Branch is a prime spot for healthcare and biotech firms looking to engage in cutting-edge medical research and development.

Logistics & Distribution

Positioned near key transportation hubs, including major highways and the Dallas/Fort Worth International Airport, Farmers Branch is strategically located for logistics companies needing efficient access to national and international markets.

Tax Rates

Sales Tax: In Farmers Branch, TX, the local sales tax rate is 2%, combined with Texas' state sales tax of 6.25%, and Dallas County's tax of 1.75%, making the total 10%.

Corporate Income Tax
: Texas does not charge a corporate income tax. Instead, it has a Texas Franchise Tax (or gross receipts tax), with a general rate of 0.75% on the taxable margin for most businesses. Some businesses may get a lower rate or be exempt.

Property Tax
: Property taxes in Farmers Branch, TX, are set by local entities and are about 2.5% of a property's assessed value. This rate applies to both commercial/industrial and residential properties. Personal property, like vehicles, is also taxed, with rates depending on the property type and value.

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Business Climate Overview

Farmers Branch is a city in Dallas County, TX, and is located in close proximity to major highways such as I-35E and I-635. 

The business climate in Farmers Branch makes it a strong option for business expansion and relocation projects because of its central location in the Dallas-Fort Worth metroplex, access to a skilled workforce, and favorable tax environment. The city is home to companies like IBM, AT&T, and Tenet Healthcare.
Here are some specific elements of the business climate in Farmers Branch that make it attractive for corporate expansion and relocation projects:

Taxes: Farmers Branch has a favorable tax environment for businesses, with no corporate income tax and a low state sales tax rate of 6.25%. Additionally, Texas does not have a personal income tax.

Workforce: Farmers Branch has a diverse and skilled workforce, with professionals in various industries such as technology, healthcare, and finance. The city is easily accessible for workers through major highways and public transportation options.

Wages: The median household income in Farmers Branch is approximately $74,000, while the median rent is around $1,200.

Industries: Some of the popular industries in Farmers Branch include technology, healthcare, finance, and manufacturing.

Quality of Life: Farmers Branch offers a high quality of life with its vibrant downtown area, which features a variety of shops, restaurants, and entertainment venues. The city also has a thriving nightlife scene and is known for its outdoor recreational opportunities, including parks and trails.

Education: Nearby universities and community colleges include the University of Texas at Dallas, which is known for its programs in engineering and computer science, and Brookhaven College, which offers a range of associate degree programs and workforce training.

Map

Farmers Branch, TX image

Our Team

Chris Webb, AICP photo
Chris Webb, AICP

Economic Development Manager at City of Farmers Branch

Allison Branson Cook photo
Allison Branson Cook

Director of Economic Development & Planning - City of Farmers Branch

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