Houston is #1 Destination in Texas
Texas has been a land of opportunity since before it was even part of the United States, itself a land of opportunity in the eyes of the world. It was America’s very first financial crisis, the Panic of 1819, that sent citizens in droves to the Lone Star State. All across the nation people simply up and moved, leaving nothing behind except shuttered homes, personal debts, and a simple sign that read “Gone To Texas.”
Now it’s becoming popular to say “Gone To Houston.”
There’s just something about Houston
Whether it’s the plentiful jobs in a variety of sectors, the relatively low cost of living, the rich history, and local culture, or just the sunny weather, people are flocking to Houston. According to a study conducted by U-Haul, three in five of the top destinations for one-way transactions in 2015 were in Texas: Houston at the number one spot despite the recent oil slump, followed by Austin and San Antonio.
Between 2005 and 2013, 4.8 million people migrated to Texas from the other 49 states. Texas’ four largest metro areas added very nearly half a million people last year alone. While the recent slowdown in energy has temporarily decelerated this massive population shift, strong growth is predicted by many economists.
Why more people are calling Houston home:
- Housing is more affordable: Even in the midst of Houston’s slumping oil and gas sector and tumultuous international markets, Houston home prices are holding steady. Single-family home sales in May were up 10 percent year-over-year. Houston luxury home buyers are finding much more bang for their buck as well due to a buyer’s market for homes priced $500,000 and above.
- Innovation and stable industries: With the exception of energy, the Houston economy is built on rock solid industries insulated from up-and-down financial markets. Austin has higher education and technology. San Antonio has a mix of healthcare, education, and military spending. Houston has aerospace, healthcare, and until recently, energy.
- Friendly business climate: whether it’s the lack of unionized workers, plentiful cheap labor, or the lack of a state income or capital gains tax, it’s pretty clear that Texas and especially Houston, is the place where people and businesses like to do their business.
- Paycheck goes further: According to Business Insider, a paycheck goes further in Houston than any other major metropolitan area. When adjusted for cost of living Houston has the highest pay in the country.
- Weather: There’s nothing complicated at work here. People like good weather and prefer to live in places where the sun shines, and you don’t have to shovel snow for half the year.
Millions of Americans are moving to the Lone Star State in search of jobs, lifestyle, and the sun. Whatever your reason for coming to Houston, we can find the perfect place for you and yours to call home.