Professional services
The professional and business services industry provides specialized skills in administrative functions across various sectors like accounting, legal, and engineering. It relies on highly skilled labor with advanced degrees. Rockwall is in a favorable position due to its highly talented and highly educated residential population, residing with the DFW Metroplex that has a global reputation for a thriving, professional services climate.
Industry Concentration
- Over 321,000 individuals employed in Business Services within a 45-minute drive time (LQ 1.59)
- Some of those include:
- Over 107,000 employed in “Computer Systems Design and Related Services” (LQ 2.34)
- Over 60,000 employed in “Management Consulting Services” (LQ 1.88)
- Over 57,000 employed in “Corporate, Subsidiary, and Regional Managing Office” (LQ 1.33)
- Over 22,000 employed in “Engineering Services” (LQ 1.04)
- Over 6,000 employed in “Architectural Services” (LQ 1.69)
- Some of those include:
- Over 36,000 employed in Insurance Services within a 45-minute drive time (LQ 1.44)
- Some of those include:
- Over 18,000 employed in “Direct Property and Casualty Insurance Carriers” (LQ 2.27)
- Over 2,000 employed in “Direct Title Insurance Carriers” (LQ 2.4)
- Over 2,000 employed in “Claims Adjusting” (LQ 1.69)
- Some of those include:
- Over 68,000 individuals employed in Financial Services within a 45-minute drive time (LQ 1.81)
- Some of those include:
- Over 14,000 employed in “Portfolio Management and Advice” (LQ 1.55)
- Over 8,000 employed in “Sales Financing” (LQ 5.30)
- Over 5,000 employed in “Other Activities Related to Credit Intermediation” (LQ 4.28)
- Over 4,000 employed in “Consumer Lending” (LQ 2.69)
- Some of those include:
*Location Quotient – Provides a concentration of workers in the area compared to the national average. An LQ of 1.0 means the area has a concentration of workers equal to that of the national average. An LQ of 1.5 means the area has a concentration of workers 50% greater than the national average.
Area Workforce
SOC | Description | Employees (45 Minute Drive) | Location Quotient | Average Local Salary* |
13-2053 | Insurance Underwriters | 3,533 | 1.82 | $70,100 |
43-9041 | Insurance Claims and Policy Processing Clerks | 7,124 | 1.72 | $53,200 |
11-3021 | Computer and Information Systems Managers | 16,247 | 1.65 | $154,300 |
15-1211 | Computer Systems Analysts | 14,987 | 1.61 | $109,800 |
15-1232 | Computer User Support Specialists | 20,142 | 1.56 | $57,800 |
41-3031 | Securities, Commodities, and Financial Service Sales Agents | 13,006 | 1.51 | $92,400 |
11-1021 | General Operations Managers | 95,012 | 1.51 | $113,800 |
43-4051 | Customer Service Representatives | 78,833 | 1.51 | $40,100 |
15-1252 | Software Developers | 43,091 | 1.49 | $117,900 |
13-1031 | Claims Adjusters, Examiners, and Investigators | 7,629 | 1.49 | $70,700 |
43-1011 | First Line Supervisors of Office and Administrative Support Workers | 41,435 | 1.48 | $64,100 |
13-1082 | Project Management Specialists | 23,038 | 1.45 | $92,200 |
15-1251 | Computer Programmers | 3,730 | 1.44 | $93,800 |
11-2022 | Sales Managers | 13,269 | 1.36 | $130,600 |
13-1071 | Human Resource Specialists | 18,863 | 1.23 | $66,600 |
11-3031 | Financial Managers | 16,754 | 1.20 | $158,400 |
13-2011 | Accountants and Auditors | 31,232 | 1.13 | $86,000 |
43-3031 | Bookkeeping, Accounting, and Auditing Clerks | 35,028 | 1.13 | $46,700 |
17-2071 | Electrical Engineers | 3,733 | 1.07 | $103,700 |
23-1011 | Lawyers | 14,661 | 1.01 | $177,800 |
17-2051 | Civil Engineers | 5,339 | 0.9 | $92,200 |
Source: 2023Q4 data from JobsEQ
*Average Local Salary is representative of positions within Rockwall County.
Rockwall Residents: Qualified Individuals Living Nearby
SOC | Description | Rockwall Residents* | Net Commuters** |
11-1021 | General Operations Managers | 1,301 | -338 |
43-4051 | Customer Service Representatives | 947 | -253 |
43-3031 | Bookkeeping, Accounting, and Auditing Clerks | 480 | -138 |
13-2011 | Accountants and Auditors | 437 | -166 |
23-1011 | Lawyers | 280 | -86 |
41-3021 | Insurance Sales Agents | 271 | -24 |
13-2040 | Financial Analysts and Advisors | 254 | -122 |
13-1161 | Market Research Analysts and Marketing Specialists | 198 | -68 |
41-3031 | Securities, Commodities, and Financial Service Sales Agents | 118 | -66 |
13-2041 | Financial and Investment Analysts | 95 | -39 |
13-1031 | Claims Adjusters, Examiners, and Investigators | 88 | -53 |
17-2051 | Civil Engineers | 84 | -26 |
43-9041 | Insurance Claims and Policy Processing Clerks | 82 | -30 |
11-9041 | Architectural and Engineering Managers | 62 | -35 |
17-2141 | Mechanical Engineers | 56 | -28 |
17-1011 | Architects | 46 | -11 |
13-2053 | Insurance Underwriters | 34 | -17 |
Source: Lightcast, May 2024
*Individuals employed in these occupations, living in zip code 75087 and 75032
**Negative numbers indicate that the community is “losing” more of these workers to commutes outside of Rockwall, than what is being gained by local companies. These individuals may be targets for recruitment, as a job in Rockwall would create an opportunity to work closer to home.
REDC Acquires Land for Office Sites
The REDC recently acquired two 10+ acre in-fill office sites that have strong access to Interstate 30 and views of Lake Ray Hubbard. Our goal is to find office developers and tenants that want to tap into Rockwall’s working population that is generally highly educated and endures lengthy commutes. 49.3% of residents in Rockwall have a Bachelor’s degree or higher. 90% of Rockwall’s residents leave the community for work. You can learn more about Rockwall’s office opportunities here.
Rockwall Companies
- KE Andrews*
- SNAP Insurance Services*
- The Baldwin Group
- TrendHR*
- S&A Systems*
*National or International Headquarters
DFW Companies with Significant Corporate Presence
- AT&T*
- JP Morgan Chase
- Charles Schwab*
- Fidelity Investments
- State Farm
- Wells Fargo
- Globe Life*
- Goldman Sachs
- Fluor*
- Comerica Bank*
- AECOM*
- CBRE*
*National or International Headquarters
Ready to make the move? Let’s talk.
With plenty of available land, financial incentives, and an educated, experienced workforce, Rockwall may just be your new home. Drop us a line to learn more.