The Dow Chemical Company and the Brazosport Independent School District are major employers of residents. Dow planned to develop this community in 1941 as a 5,000-acre residential area for workers at its Freeport plant. Lake Jackson is now home to other chemical and manufacturing facilities, along with many other types of businesses. In Lake Jackson's early days, Dow helped to create a booming economy. In 2014 it announced an expansion project that is estimated to bring nearly 2,000 employees to the area.