Are you planning to move to Texas? Well, you are not the only one. According to the U.S. Census Bureau, the population of Texas has increased by approximately 16% in the past 10 years. While the birth rate is a contributing factor to this increase, a huge percentage is attributed to the movement of people from other states and regions across the world.
But why are so many people moving to Texas? It is estimated that about 1,000 people move to Texas every day. This is not surprising considering the warm weather, job opportunities and low price of homes in the State.
Here are the Top 7 Reasons Why People Are Moving to Texas Lately
1. Work Opportunities
Texas has been one of the top destinations for job seekers in the United States. It is a great place for individuals looking for job opportunities in the tech, oil, and gas industries. Besides, most companies in Texas pay their employees handsomely compared to their counterparts in other states across the country.
For instance, in 2021, the average salary in Texas was slightly over $63,000. The Texan unemployment rate is way below the country’s median percentage. This explains why many people and packing and moving to Texas every day. Other popular job markets include technology, business, education, and healthcare.
2. Affordable Homes
Homes and land are more affordable in Texas in comparison to other states. The prices of homes vary depending on the location and type of home. If you planning to purchase a home in Texas, then it would be a good idea to find a reliable real estate company to work with.
Spyglass Realty is one of the popular Realtors in Texas. Working with a reputable realtor will ensure that you won’t overpay when buying a home. The average cost of Austin real estate can be $173,000 on average per house. There are fewer restrictions when it comes to lack of acquisition.
3. Lower Taxes
Texas is one of the seven states in the United States that don’t have an income tax. Americans pay an average of 10% in state and local taxes. Some states like California and New York pay even more in terms of income tax. When you combine lower home prices, lack of income tax, and business tax incentives, then you will understand why many people are moving to Texas lately.
4. Cost of Living
Another major factor that seems to attract many people to Texas is the cost of living. Compared to many states in the country, Texas emerges among the least expensive places to stay. This is attributed to many factors such as lower housing prices, cheap transport, and exemption from income tax among others.
The cost of living in Texas is five percent lower than the national average. This means people living in Texas cities such as Austin, Houston, San Diego, and Dallas can save more on their wages. You get to enjoy a higher standard of living while still saving a good amount of money.
5. Year-Round Fair Weather
Weather is something that many people look at before making the decision to move in. Texas comes fourth in terms of the hottest states in the country. It has all-year-round warmer temperatures and mild winter weather. If you have been looking for a place with warm weather where you can wear shorts on Christmas day, then Texas is one of those places. It also explains why people from colder states are flocking to this Lone Star State.
6. Vibrant Sports Culture
Have you been to Texas on any given weekend? If so, then you must have spotted crowds of people at sports bars and stadiums cheering their favorite teams. Some of the most popular Texan professional teams include Houston Astros, Dallas Cowboys, San Antonio Spurs, Texas Rangers, and Dallas Mavericks.
7. Diversity
People also love Texas because of its diversity. The state is a thriving multicultural hub boasting 160 spoken languages. It is regarded as the second most diverse state in the United States. People move to Texas from all over the world and bring in their diverse cultures in the process.
Conclusion
Are you still wondering why many people have been moving to Texas lately? Well, the above-mentioned reasons answer your question.
