We’ve been talking about this trend for some time, but thanks to the business-friendly environment Great State of Texas and our fantastic job market, more people are moving to our state from areas where there are fewer jobs and houses cost a whole lot more. Moving to Texas has become an increasingly popular choice for those seeking better opportunities and a lower cost of living.
And of course, when more people relocate to Texas, that means more real estate clients. A total of 138,057 new clients according to the statistics from the Texas Association of Realtors’ “Texas Relocation Report.”
The report, which uses data from 2013 American Community Survey, the 2008-2012 American Community Survey 5-Year Estimates by the U.S. Census Bureau, as well as the U-Haul 2013 National Migration Trend Reports shows that Texas is outpacing Florida, California, Georgia, and North Carolina in the number of people moving from out of state.
Harris and Dallas counties remain the top two most mobile counties in the Lone Star State, ranking No. 1 and No. 2 in
Texas, respectively, for both the largest inflow and the largest outflow of people. However, both of these counties posted
the highest net losses of residents moving out of county, with Dallas County posting the highest net loss of people
(25,461) followed by Harris County (20,222).
The top 10 Texas counties with the highest net gains of people from out of county were spread all over the state, with
three of the top 10 counties located in Central Texas (Williamson, Hays, and Travis) but with the DFW-area’s Denton
County leading by far with a net gain of 13,754 out-of-county residents.
Interesting! So, Dallas is actually posting a net loss of 25,461 people, while Central Texas counties are posting high net gains. Denton, the Austin of North Texas, posted the very highest net gain of 13,754 people. Pretty outstanding for a college town!
The most interesting part, to me, at least, is that Midland/Odessa didn’t have a bigger inflow of residents. The two cities, the hotbed of oil and gas development in Texas, only netted 337 new residents.
If you’re interested in market research and demographics (and as a Realtor, you absolutely should be!) then check out the very easy-to-digest report yourself.
