Noticing more out-of-state license plates on the road?
It’s not a coincidence.
According to the 2021 Texas Relocation Report, more than 500,000 people moved to Texas in 2019.
The Lone Star State is getting bigger, with an average daily influx of 1,000 people. In fact, San Antonio sees an average of 66 new people moving to the city every single day.
Those out-of-state license plates are here to stay, and here’s why…
5 Reasons Why People Are Flocking to Texas
With a thriving economy, affordable cost of living, and booming housing market, it’s easy to see why Texas is a popular move.
But there are other reasons why hundreds of thousands of people are moving to Texas.
1. Promising Job Market
The oil and gas boom in Texas flows with abundant job opportunities, particularly in west Texas and Houston, the world energy capital.
Rapid developments in the technology, aerospace, and engineering sectors also attract white-collar professionals and university graduates, with more companies like Elon Musk’s Tesla and SpaceX making the move to Texas.
The large military and healthcare presence in San Antonio draws service personnel, contractors, and medical professionals looking for a jumpstart in their career.
2. Low Cost of Living
Most people flocking to Texas are from states with high costs of living, such a California and New York.
Texas boasts affordable consumer prices, costs of utilities and transportation, and effective paychecks.
In fact, the average salary in the state is $38,000, which is $9,000 more than the national average – and makes it easier for residents to get more bang for their buck.
The state’s lack of personal income tax also helps residents keep more of their salary.
3. Affordable Housing
In Texas, home ownership is not a mere pipedream – it’s an attainable reality. The state’s low cost of living extends to the housing market, with state-wide housing costs averaging at just over $177,000.
In San Antonio, median home prices level at around $243,000. For its easy access to big-city amenities at the doorstep of the Texas Hill Country, San Antonio’s housing prices are easily matched by Californians used to exorbitant Bay Area costs.
4. Family-Friendly Culture
Young families make up a huge portion of the thousands making the move to Texas each year. Apart from the strong economy and affordable costs that make Texas-living easy, families are drawn to the prestigious public and private schools found throughout the state.
Houston and the Dallas-Fort Worth metroplex are popular for their access to good schools and universities, while San Antonio attracts young families looking to establish their roots and find their community in a big city with a small town feel.
As home to some of the nation’s largest cities and growing metroplexes, Texas is also host to year-round festivals and outdoor activities for families to enjoy.
Texas is the second most diverse state in the country, with more than 145 languages spoken in Houston alone. According to the 2021 Texas Relocation Report, more than 200,000 new residents from outside the country moved to Texas in 2019, adding to the state’s vibrant diversity.
Large cities including Houston, Dallas, Austin, and San Antonio are among the most diverse cities in the nation, with a tapestry of cultures and communities to make any new transplant feel right at home.
If you’ve considered a move to Texas or are a Texan looking to move within the state, give us a call. We’re San Antonio real estate specialists and have a network of thousands of real estate professionals throughout the state that can help you find the right location for you and your family.