Thinking of Moving to Texas?
- Texas and the Dallas-Fort Worth area’s economic engine continue to dominate, with the state ranking No.1 in the nation in gross domestic product growth.
- Employment is expected to accelerate by 4.8% this year, DFW’s net migration — the number of people moving in after subtracting those leaving — should grow by 42% in 2022 alone.
- Travis County (Austin) grew its GDP by $3.81 billion, and No. 5 Bexar County (San Antonio) boosted its output $3.74 billion
- Collin County (containing McKinney and most of Plano and Frisco) posted $2.59 billion in GDP growth, and Denton County grew its GDP $1.63 billion in the past three years.
- Long track record of economic strength and stability as well as a business-friendly climate, a large skilled workforce, low tax burden, the availability of affordable land, robust transportation network and deepwater seaports.
Texas ranks among the fastest-growing states in the US, and for a good reason. An affordable cost of living, temperate weather, promising job market, and plenty to see and do makes Texas a win for newcomers.
It's become a tech hub. Companies like Apple, Google, and Facebook have built their regional offices here. Remote workers also thrive in Texas, and in Austin specifically, as Austin was ranked #6 in our Best Cities for Remote Workers report.
Cost of living can be reasonable, based on where you live.
According to PayScale, the cost of living in Austin is 3% lower than the national average. However, housing is 2% higher.
Similarly, the cost of living in Houston is 2% lower, yet housing is 5% higher than the national average. And in Dallas, the cost of living is 2% higher and housing is 5% higher than the national average. So, your costs will really depend on what Texas city you choose to move to.
Here's an idea of how much things cost when moving to Austin, Texas, as reported by PayScale:
- Energy bill: $147.04
- Loaf of bread: $2.92
- Doctor's Visit: $110.05
- $2.44 for a gallon of gas
Texas is home to scores of higher learning opportunities, including some of the largest public universities around. Locals have their pick of top-notch schools like the University of Texas - Austin and Texas A&M University and mid-sized private institutions.
Texas is also family-friendly. It’s easy to find quality public and private schools for kids with diverse learning opportunities.
Still interested in relocating to Texas? Call us today. We have a team of people in Texas and in the State of Washington - waiting to help. Personally, I've relocated to and from Washington and Texas TWICE!
Happy Moving.
Terri
