More than a half million new residents move to Texas annually
Why you’re meeting more Chicago, Los Angeles and New York transplants in Texas
More than a half million new residents move to Texas annually, according to the latest estimates by the Texas Association of Realtors.
Texas had the second highest total moves in the country second only to Florida in 2016, according to the latest census data analysis by the Texas Association of Realtors.
“Despite slowing job and economic growth over the last two years, housing-market and population growth have remained strong and steady throughout the state,” Kaki Lybbert, 2018 chairman of the Texas Association of Realtors, said in the report.
“With more than half a million people moving here each year, it’s evident that the Lone Star State fosters a positive environment for business development and raising a family,” Lybbert noted, in the report.
The Realtors study found that almost half of the new residents coming to Texas originated from outside of the U.S.
The largest volume of people moving from U.S. states to Texas came California (69,945), Florida (31,145), Oklahoma (30,532), Louisiana (27,998) and Illinois (21,848).
California had a net loss of 142,932 residents in 2016, according to the Realtors’ report.
The largest share of out-of-state Texas moves came from the Los Angeles, New York and Chicago metro areas.
The Dallas-Fort Worth area had the biggest share of the annual moves – 123,661 new residents during the year. Houston’s Harris County topped Texas with a gain of 20,942 residents relocating from out of state.
Four more of the top 10 counties for moves from outside the state were in North Texas including Dallas, Tarrant, Collin and Denton counties, according to the Realtors.
Source: Steve Brown, Real Estate Editor