Friday, May 31, 2013

10 reasons why so many people are moving to Texas

By Cary



Every way you look at it, there are a lot of people moving to Texas.

Five of the 10 fastest-growing cities in the country between 2011 and 2012 were in Texas, according to new figures from the US Census Bureau. New York is way out in front in terms of added population, butHouston is second with San Antonio and Austin fourth and fifth.

Graph showing fastest growing cities

In Texas, it is more easy to find a job. As we know, the problem of employment in the United Stated still affect people's lives. Thus, people are more willing to live where is more easy to find a job."I don't think people go for the weather or topography," says Joel Kotkin, professor of urban development at Chapman University in Orange, California. "The main reason people go is for employment. It's pretty simple. According to Kotkin's website, New Geography. four of the top 10 metropolitan areas for jobs growth in 2013 are in Texas, 

In addition, it is more cheap to live in Texas. New York, LA and the San Francisco Bay Area are too expensive for most people to live, but Houston has the highest 'effective' pay cheque in the country.
The ratio of the median home price to median annual household income in Houston is only 2.9. In San Francisco, it's 6.7. If you live in Texas, the land is cheaper than other place, and you can get the building  permit right to construct you house more quickly. Therefore, the whole process of having your own house become much quicker than other states.

Most importantly, Texas is one of only seven states where residents pay no personal state income tax, says Kay Bell, contributing tax editor at Bankrate and Texan native. In California, if your income range is between $37,234 and $47,055, your tax rate on every dollar of income earned is 8%. It means that if you earn $40,000, you need to pay $3,000 for the tax. In contract, you may save $3,000 when you live in Texas. That's wonderful, it means that you can buy more 12 iphone5.

The Texas doesn't just attract new arrivals, the native Texans also aren't leaving the state either. It is the "stickiest" state in the country, according to the latest figures from the Pew Research Center, which suggest that more than three-quarters of adults born in Texas still live there. Alaska is the least sticky.

Source:



No comments:

Post a Comment