The allure of the Lone Star State is stronger than ever, as people from all over the country are packing up and moving to Texas in droves. Leading the charge is Corpus Christi, which has emerged as the city with the highest inflow of new residents. With a staggering 234 moves in for every 100 moves out, the coastal city boasts an impressive move ratio of 2.34. But Corpus Christi isn’t the only Texas city experiencing this boom. Frisco also made a notable appearance, ranking seventh on the top ten cities with the highest inflow of new residents. Meanwhile, San Antonio, Houston, and Dallas continue to see significantly more moves in than out, further solidifying Texas as a top destination for relocations.
Amidst this influx, California stands out on the opposite end of the spectrum, witnessing some the highest out-migration rates (102,000 Californians moved to Texas as of 2022).
As more people discover Texas’s unique blend of opportunity, affordability, and lifestyle, it’s clear why so many are choosing to call it home.
Texas Moving Trends
While Texas loves to welcome more people to our fine state, according to the U.S. Census Bureau, migrations to the Lone Star State have dropped for the first time in decades.
Take a look at Austin, one of Texas’ hubs of culture and economy. When the pandemic struck, Austin became a moving mecca for residents and tech companies alike. However, more people means more demand, declining affordability, and hopeful movers seeing themselves priced out of their dream homes.
With high demand and no space for new builds, Austin now reports a decline in viable moves.
However, Austin is not the only city experiencing the pitfalls of popularity. Texas, may be a state with top-tier benefits like job opportunities, and plenty of open space to raise your family away from the hustle and bustle of the big city; but living here also has some pitfalls for some movers.
For example, yes, the cost of living in Texas is 6% lower than the national average, where California’s is 50% higher. However, this lower cost of living rate can also mean you’re likely to see a lower paycheck, which can shock people moving into Texas from out-of-state. The average median household income is around $66,000.
Where are Renters Moving?
When it comes to renting, Texas has become a top destination for those seeking new opportunities and a better quality of life. According to a recent article by Multifamily Dive, Texas ranks tenth in the continental U.S. for states with the most inbound renter moves.
Cities like Austin, Dallas, and Houston are particularly popular among renters, offering vibrant communities, abundant amenities, and a range of housing options to suit various lifestyles and budgets.
In fact, Austin was recently ranked as the #1 city in the nation to rent over owning a home.
This statistic and the general growing rental trend (more than 50% of Dallas citizens rent) underscores Texas’s appeal as a prime location for those looking to rent and relocate.
Where are Companies Moving?
Businesses are increasingly flocking to the southern sunbelt states, with Texas standing out as a premier destination. According to global data center Iron Mountain, Texas, among other states like Georgia, Arizona, North Carolina, and Tennessee, is attracting many relocating companies.
While we love all of the states we help our moves head out to, let’s keep the spotlight on our hometown state.
In Texas, larger metropolitan areas such as Dallas and Houston are the primary beneficiaries, capturing the majority of incoming businesses.
Urban areas in Texas have attracted 53% of arriving businesses, while suburban and rural areas have captured 36% and 12%, respectively. Notably, small businesses, particularly those with fewer than 500 workers, accounted for about three-quarters of the jobs migrating to Texas, underscoring the state’s appeal to a diverse range of enterprises.
What’s Causing the Great Business Migration?
Several factors are driving these business relocation decisions. Texas’s strategic location offers unparalleled accessibility to customers, suppliers, and a skilled workforce, enhancing operational efficiency and market reach.
Another significant draw is our state’s favorable tax environment, which directly impacts operating costs, profitability, and overall financial health, making Texas an attractive option for long-term sustainability and growth.
Access to a robust talent pool in Texas ensures that companies can tap into a skilled workforce, which is crucial for innovation, productivity, and scaling operations.
Finally, Texas’s high livability factor also contributes to employee satisfaction, retention, and recruitment, creating an environment that supports a high quality of life and ultimately fosters a thriving and motivated workforce.
These compelling advantages make Texas a magnet for businesses like SpaceX looking to relocate and thrive in a dynamic and supportive environment.
Dallas Movers for your Move to Texas
Element Moving & Storage has spent our years building a stellar reputation as one of Dallas’ premier moving companies. Known for our reliability, efficiency, and exceptional customer service, we’ve helped countless families and businesses smoothly transition to their new homes and offices across Texas.
When you work with us, we offer valuable resources to help you coordinate your move. Start with a free moving estimate to understand your moving costs upfront. To ensure your belongings are well-protected, we offer a free ebook on packing.
If organization is your biggest moving fear, our free checklist for moving will streamline your entire moving process. With these tools and Element’s exceptional service, you can rest assured that your move will be seamless and stress-free. Start planning your move today and get on our schedule!
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