Midland Area of Economic Development

Midland Region for Business

Historically known for its presence in the oil and gas sector, Midland continues to diversify in industries like aerospace and distribution.

Midland is home to large corporate headquarters with high-paying jobs, while still maintaining a close-knit community atmosphere. Thanks to its prime location in the Permian Basin, Midland’s economy has been heavily influenced by the oil and gas industry, yet this region continues to diversify across new industries each year. The Permian Basin has more than 260,000 professionals in the regional labor pool that have the educational expertise and technical aptitude to serve your industry. Many of these workers have post-secondary educations – in fact, Midland has nearly twice the national average of educated engineers.

Rankings

Workers handle large metal equipment at an oil facility in Midland, Texas

#8 Employment Growth (Midland)

MRT 2022
A man wearing a hard hat looks down at his phone on a Precision Drilling work site

#3 Best Texas City to Work In (Midland)

BestColleges 2022
A Bank of America building with

#2 Fastest Growing Large City in Texas (Midland)

moveBuddha 2022
Coworkers sit at a large wood table and work with laptops and digital tablets during a meeting.

#3 Best Small Cities for Business (Midland)

Chamber of Commerce 2022
Downtown Midland features a large neon sign that says

#2 Cheapest Places to Live in Texas (Midland)

Apartment List 2022

Midland Economic Strengths

Learn more about the economic strengths and business advantages that this metro area offers.

A large green oil rig surrounded by technical equipment is lit up at night in Midland, Texas.
A sign reading "The University of Texas of the Permian Basin" sits atop a pile of decorative rocks
Downtown Midland features large office buildings and a road sign to direct drivers.
  • Business Climate
  • Talent
  • Infrastructure
Business Climate
A large green oil rig surrounded by technical equipment is lit up at night in Midland, Texas.

A Business Climate That Fosters Growth

Midland has the power and resources needed to support your company – whether you’re seeking tax incentives or low business costs.

Major business clusters in Midland include energy, manufacturing, transportation and related distribution. Major employers include Anthem Oil & Gas, Apache Corp., Baker Hughes Companies, Chevron, Concho Resources, Diamondback Energy, Hilliard, Halliburton Energy Services and Leo Labs.

Talent
A sign reading "The University of Texas of the Permian Basin" sits atop a pile of decorative rocks

Skilled Workers Flock to Midland Companies

Pulling from a strong network of local and statewide colleges and universities, businesses in Midland have access to top talent.

Midland’s higher education institutions include Midland College and The University of Texas Permian Basin. Midland College is a public four-year school with 100+ degree and certificate programs. UT Permian Basin has over 7,000 enrolled students and continues a path of rapid growth as the area’s population continues to boom.

Infrastructure
Downtown Midland features large office buildings and a road sign to direct drivers.

Accessibility Within the Permian Basin and Beyond

Midland is home to a robust infrastructure accessible by car, rail and air, in addition to a Foreign Trade Zone.

The I-20 highway runs through Midland, making it easy to transport goods and raw materials throughout Texas and the rest of the nation. Major Class I railroad carrier services offer reliable transportation by rail, and Midland International Airport provides domestic and international travel. Midland is also home to Foreign Trade Zone No. 165.