Bonham recognizes the area-wide challenges resulting from this sustained tight labor market. Rather than robbing Peter to pay Paul the City of Bonham in partnership with a group of our Bonham Manufacturers’ Roundtable have partnered to sponsor the Bonham Housing Action Plan (B-HAP) with the intention of helping grow more rooftops which will in turn grow our share of the local & regional labor pool! B-HAP was a $16,000 market study, analysis an series of recommendations done by Dr. Daniel Oney, Ph.D. & Principal Axionomics, LLC. Bonham Mfgs’ Roundtable funding partners include: Tongrun Int’l, Kelso Technologies, TransCable, Wire & Plastic, McCraw Oil in concert with the City of Bonham. BEDCO served as B-HAP project coordinator and fiscal agent of convenience.
Review all the details with the links to the right…
Fannin County unemployment has remained below the Texas and U.S. rates for the last five years.
Workforce Solutions Texoma
An equal opportunity employer/program. Workforce Solutions Texoma serves jobseekers, employers, veterans, youth, and those needing tuition or childcare assistance in Cooke, Fannin, and Grayson Counties in Texas.
LABOR FORCE & POPULATION
Workforce development is essential to economic development and even more critical during the financial challenges we face today. The city of Bonham actively supports a wide range of activities, policies and programs to create, sustain and retain a viable workforce that can support current and future business and industry.
With a labor pool in excess of 90,000, our regional workforce is drawn from an 11 county area encompassing portions of northeastern Texas and southeastern Oklahoma.
|AVERAGE HOUSEHOLD SIZE||2.53|
|2013 Median Household Income||$44,350|
|2013 Per Capita Personal Income||$20,337|
*Per Fannin County Census.gov statistics.
Healthcare, government and corrections are very stable employment anchors for the entire Bonham-Fannin County area. Agri-business remains a historically important market segment, as is manufacturing, retail and service industries.
Fannin County, TX Labor Force
16,323 for Dec 2018
Historical Unemployment Rates for Fannin County
December 2018 Unemployment Rate 3.0%
Of the 16,323 persons participating in the Fannin County Labor Force in Dec 2018, 97% [15,833] ARE Employed and 490 are unemployed.
US Census data includes all Bonham City “residents” including those in state & county correctional facilities located in Bonham. Bonham High School has consistently maintained a graduation rate greater than 97%.
Source: Texas Education Agency
- Bonham High School Graduates 97% 97%
- High School Graduates 75.6% 75.6%
- Bachelor’s Degree and Higher 13.9% 13.9%
Higher Education and Workforce Training Resources
Our area offers readily accessible higher education within an hour’s drive as well as others all across the Metroplex.
Grayson College Van Alystne & Denison Campuses
Paris Junior College Paris, TX
Austin College Sherman, TX
Texas A&M Commerce Commerce, TX
Southeastern Oklahoma State University Durant, OK
Kiamichi Technology Center Durant, OK
The Bonham Economic Development Corporation is a Type B corporation that works to foster the creation of a favorable climate for new and improved job opportunities by encouraging the development of business, industry, retail and tourism.
514 Chestnut Street
Bonham, Texas 75418
903-583-7555 ext 107