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The Texas Connection: How Texas is Still Growing Communities

Just when you thought Texas couldn’t get any bigger, it is. In fact, the latest census showed that Americans have been moving to Texas in droves, with a net gain of over 387,000 people migrating in the past few years.

Why Are The Masses Moving?

The main reason why Texas is so popular right now is the increased amount of jobs. Job growth has been stimulated due to many large corporations moving their headquarters and facilities to Texas, in turn making cities like Austin, San Antonio, Forth Worth, Houston, and Dallas some of the fastest growing metro areas in the country.

Affordable housing is the other reason why people have packed their bags for the second largest, and most populous, state in the country. A large part of the decision for people moving to the heartland and Great Plains is because of the plentiful amount of cheap land that surrounds the states' large metropolitan cities. In addition, developers face less stringent building regulations, allowing them to start and finish construction in a timely fashion.

Related: Top 5 Cities to Buy v. Rent

 

What’s So Special about Austin, TX?

Perhaps the hottest city to move to in Texas has been Austin. This growing community has seen its population rise by 2.6% from 2012 to 2013 (approximately 4x faster than the U.S. as a whole).

Austin has benefited from a positive combination of job growth in its metro city, combined with a very low unemployment rate of 4.6%. To top it off, the median income of $75,000 is almost 20% more than the national median. When you put those factors into consideration, it's no wonder why people are making the transition to the Loan Star State.

Related: 5 Great Cities for Millennials to Buy a Home

 

With great signs of growth and stability, would you pack your bags for Texas? Is Texas big enough to sustain this growth? Leave a comment and let us know how you feel about the change of scenery.



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