Texas is getting more and more people living there, and it doesn’t look like it’s going to stop growing anytime soon.
Right now, Texas is the second state with the most people living in it, right after California. But, Texas might become the number one most populated state in the future. While fewer people lived in California in 2022, Texas saw an increase of 470,000 people, which is more than any other state in the U.S.
The reason so many people are coming to Texas is not just because people from other states are moving there. It’s also because people who were born in Texas are choosing to stay. As of 2021, about 82% of people born in Texas still lived there, which is the highest percentage in the whole country, according to a study by the Dallas Fed in August.
People are choosing to move to Texas and stay there for several reasons. They like the warm weather, the tax rules that are good for their wallets, and the many jobs available. Based on our experience as a top rated moving company in Texas we see an influx of people coming in but also a lot of people leaving the state.
No State Income Tax
One of the most compelling reasons people are drawn to Texas is its absence of a state income tax. This policy sets Texas apart from many other states and directly impacts the financial well-being of its residents. In states where there is a state income tax, a portion of what you earn from your job or other income sources is taken by the state government. This can significantly reduce your take-home pay and overall disposable income. However, in Texas, you get to keep more of your earnings because the state doesn’t impose this tax.
The lack of a state income tax in Texas is particularly attractive for individuals and families looking to maximize their earnings and savings. It’s also a major selling point for entrepreneurs and businesses considering relocating or setting up shop in the state. This tax advantage can lead to greater financial flexibility, allowing residents to invest in their futures, whether it’s through purchasing a home, saving for education, or investing in retirement.
But how does Texas manage without collecting income taxes? The state government funds public services and infrastructure through other means, such as sales taxes, property taxes, and revenue from oil and natural gas production. While this means residents may pay higher rates in these areas, many find the trade-off to be worth it, especially when considering the overall cost of living and quality of life in Texas.
Related: 10 Things You Can Only See in Texas
Booming Job Opportunities
Texas is known for having some of the best cities for work in the whole country. It offers a lower cost of living compared to the rest of the U.S. and a job market that keeps getting bigger. The Bureau of Labor Statistics (BLS) points out that Texas has one of the biggest groups of workers in important areas like healthcare, education, and finance.
The Texas Workforce Commission (TWC) notes that there’s a huge demand for workers in many of the fastest-growing jobs in Texas, more than the state can supply. This means there are lots of chances for people looking to start or grow their careers in these fields. The job future in Texas looks bright, with the Federal Reserve Bank of Dallas predicting strong growth and more jobs coming. The TWC’s 2020 report expects about 1.7 million new jobs to be created between 2018 and 2028.
Texas’s job market is among the quickest to grow in the U.S., with an average salary of $52,400 in May 2020, a bit less than the U.S. average of $56,310. However, salaries are expected to go up. According to the TWC report, many of the best-paying and fastest-growing jobs in Texas will need some kind of training after high school.
Related: 10 Surprisingly Free Things That You Can Do In Austin
It Still Makes Sense To Buy A Home In Texas
Texas not only has a booming economy but also offers a cost of living that’s easier on the wallet, appealing to both individuals and families. Everything from housing to groceries, utilities, and getting around is generally cheaper in Texas compared to other states. In fact, living in Texas costs about 8% less than the national average. This affordability makes Texas a great choice for anyone thinking about moving.
The housing market is a big reason why Texas is so affordable. The average price for a home in Texas is about $335,000, which is less than the national average of around $436,000. This makes buying a home in Texas a more attainable goal for many.
However, home prices can vary depending on where you are in Texas. In Houston, for example, homes are usually more than 10% cheaper than the national average. But in Austin, prices are about 15% higher than the average. Despite these differences, Texas as a whole offers a cost-effective lifestyle without skimping on quality, drawing new residents from all over.
When you compare Texas to the expensive West Coast, the difference in cost of living is stark. For instance, California, known for its high-priced cities like San Francisco, has a cost of living index way above the national average, while Texas scores around 94, well below the baseline of 100. This means Texas is significantly more affordable than California, especially for housing. The median home price in California is nearly twice as much as in Texas, and everyday expenses like food, healthcare, and getting around are also generally cheaper in Texas. This stark difference in affordability is a big reason why many people from the West Coast are deciding to make Texas their new home.
Related: Things to Know Before Moving To Austin TX
Good Education: Top Universities Are Located Here
Texas is not just affordable and prosperous; it’s also home to top-ranked universities. Schools like the University of Texas at Austin, Southern Methodist University, and Rice University offer excellent education and research opportunities, drawing in a skilled workforce that boosts the state’s economy.
The University of Texas at Austin, the lead institution of its system, is nationally recognized, offering diverse degree programs and hosting advanced research facilities. Southern Methodist University in Dallas stands out for its strong programs in business, engineering, law, and more, attracting students nationwide. Rice University in Houston is known for its focus on science and engineering, drawing global talent with its high rankings and rigorous academics.
Together, these institutions not only contribute to Texas’s educational prestige but also its economic vitality, preparing a workforce ready to meet the challenges of a dynamic economy.
Related: The Pros and Cons of Moving Insurance: Is it Worth the Cost?
Texas Is A Mixed Pot Of Cultures
Texas is a vibrant melting pot of cultures, reflecting the diverse tapestry of people who call it home. This cultural richness adds layers of complexity and beauty to the state’s identity, making it a unique place to live and visit.
Hispanic Culture
Hispanic or Latino cultures have a profound influence on Texas, contributing to its traditions, food, music, and festivals. With a history that intertwines with Mexico, Texas is a place where you can experience authentic Mexican cuisine, lively Tejano music, and colorful celebrations like Dia de los Muertos. Hispanic heritage is a cornerstone of Texas culture, celebrated in cities like San Antonio, which is famous for its historic missions and vibrant fiestas.
American Influence
The American influence in Texas is evident through its cowboy culture, which celebrates the state’s ranching history. Rodeos, country music, and western wear are not just entertainment but a way of life for many Texans. This culture is celebrated in events like the Houston Livestock Show and Rodeo, the world’s largest livestock show and rodeo, attracting visitors from all over the globe.
Other Cultural Influences
Beyond Hispanic and American influences, Texas is home to a mosaic of cultures from around the world. Major cities like Houston and Dallas boast communities from Asia, Africa, and Europe, contributing to the state’s diversity. You’ll find festivals celebrating everything from Chinese New Year to Oktoberfest, alongside restaurants serving cuisines as varied as Vietnamese, Ethiopian, and Italian.
Texas also has a significant African American community, contributing to the state’s music, art, and history. The state celebrates Juneteenth, a holiday marking the end of slavery in the U.S., which originated in Galveston, Texas.
Related: Maximizing space: The benefits of decluttering before moving
300 Days Of Sun Throughout The Year
Another key factor drawing people to Texas is its favorable climate, boasting nearly 300 sunny days each year. This abundance of sunshine and warm weather allows residents to enjoy a variety of outdoor activities and a vibrant lifestyle year-round.
From the Gulf Coast beaches to vast national parks, opportunities for boating, fishing, hiking, and biking are plentiful. The pleasant climate also enhances outdoor dining and entertainment options, with cities offering lively music scenes and diverse culinary experiences under the open sky.
While the heat presents its challenges, Texans adapt by enjoying cooler morning and evening times and making the most of the state’s many cooling centers and public pools. This consistently sunny weather is a significant lure for those seeking an active and outdoor lifestyle, contributing to the state’s growing appeal and population.
Related: The Pros and Cons of Moving Insurance: Is it Worth the Cost?
Thriving Sports Scene Creates A Good Vibe
Sports are incredibly popular in Texas, contributing to a dynamic sports scene and a strong culture of fitness throughout the state. From the fervor of college football to the excitement of professional teams like the Dallas Cowboys, Texans have a deep passion for athletic competition. This enthusiasm extends beyond spectating, with numerous opportunities for personal fitness, including running 5Ks in Austin, participating in fitness challenges, or joining local sports leagues.
The vibrant sports culture in Texas creates an energetic and positive atmosphere that many people want to be a part of. Whether it’s experiencing the thrill of a live game or staying active through various fitness events, the state offers something for everyone. This lively sports environment is not just about competition; it fosters community, health, and well-being, making it one of the many reasons people are drawn to Texas.
Related: 17 Hidden Costs Moving Moving in Austin
Culture: Cowboys and Western
The cowboy and western culture is deeply ingrained in Texas’s identity, offering a rich tapestry of history, tradition, and lifestyle that attracts many to the state. This culture celebrates the spirit of the old West, with its values of independence, resilience, and a close connection to the land.
From rodeos and cattle drives to country music and dance halls, elements of cowboy life permeate the state. Events like the Houston Livestock Show and Rodeo showcase traditional cowboy skills and entertainment, drawing visitors from all over the world. These gatherings are not just about competition; they’re a celebration of Texas’s heritage and a way for communities to come together.
The influence of cowboy culture can also be seen in fashion, with cowboy boots and hats being popular attire not just as a nod to the past but as a statement of Texan pride. Western art and storytelling further enrich the state’s cultural landscape, with tales of cowboys, outlaws, and pioneers shaping its mythos and identity.
This connection to cowboy and western traditions creates a unique vibe that many find appealing. It’s a culture that honors the past while still being very much alive in the present, adding to the allure of Texas as a place where history and modern life blend seamlessly. This enduring legacy is one of the many reasons people are drawn to the Lone Star State, seeking to experience its unique culture and way of life.
