ELECTRIC Rates In Flower Mound Tx.

Location

Flower Mound is an incorporated town in Denton and Tarrant Counties and is northwest of Dallas and 33 miles northeast of Ft Worth. It is named for a 12.5-acre mound located in the center of the town.

History

In the 1840s, Flower Mound was used by Presbyterians for religious camps and was not permanently occupied until the 1850s. Under the direction of Wm Wilkerson, who did much to improve the town’s phone system and water supply, the town was incorporated in 1961. With few residents and a shaky economy, the residents of Flower Mound began a planned community in 1970 with money acquired by the United States Department of Housing and Urban Development. Many residents resisted these developmental efforts and threatened to disannex a portion of the town. This created much controversy and divided the town until 1976 when the project lost its federal loan guarantee and was awarded the “Bum Steer Award” for its failure.

Population and Demographics

Flower Mound was sparsely populated until the opening of the Dallas-Ft Worth International airport which created an influx of people. The 2020 census count of 75,956 was increased by 17% over the population count in 2010. Flower Mound is the only town in Texas with a population in excess of 20,000 people.

The demographics are as follows:

White 66.02%

African American 3.37%

Native American 0.38%

Asian 14.09%

Multi-racial 4.56%

Hispanic or Latino 11.11%

Economy

Due to its proximity to the Dallas-Ft Worth International Airport and the major highways running in and near Flower Mound, many corporations have offices in town. Best Buy, a consumer electronics retailer, and Stryker, a medical technologies corporation specializing in surgical necessities, have opened offices in Flower Mound. It is also the headquarters for the Japanese licensing company Funimation. 

There are two economic districts in town. The Lakeside Business District includes 265 acres used for residential and commercial projects. The Denton Creek District is a 1500-acre area used for commercial, industrial, mixed office, retail, and residential communities, ensuring long-term economic health and prosperity for the town.

Fun Fact

The Mound is a 50-foot-high mound located at the center of town. The eminent historian, A.C. Greene believed the town was named for the wildflowers that covered the mound including Little bluestem, big bluestem, and prairie grasses.