It seems that Texas is attracting a lot of young people who are looking for a place to start their careers and lives. I wonder what are some of the reasons that make Texas so appealing to Gen Z. According ...Read more
It seems that Texas is attracting a lot of young people who are looking for a place to start their careers and lives.
I wonder what are some of the reasons that make Texas so appealing to Gen Z. According to the Zillow analysis, some of the factors that influence Gen Z’s migration patterns are:
• Job opportunities: Texas has a diverse and growing economy, with sectors such as energy, technology, health care, and manufacturing. Texas also has a low unemployment rate and a high labor force participation rate among young adults.
• Affordability: Texas has a lower cost of living than many other states, especially in terms of housing. The median home value in Texas is $266,000, compared to $409,000 in California and $356,000 in Florida. Texas also has no state income tax, which means more money in the pockets of residents.
• New housing: Texas has been able to keep up with the demand for housing by building more new homes than any other state. In 2022, Texas issued 221,000 permits for single-family homes, which was 19% of the national total. New housing also means more options and amenities for renters and buyers.
• Weather: Texas has a warm and sunny climate, with mild winters and hot summers. Many Gen Zers prefer warmer weather over colder or snowier regions. Texas also has a variety of natural attractions, such as beaches, lakes, mountains, and forests.
These are some of the possible reasons why Gen Z is flocking to Texas, making it the most popular state for movers Do you agree with these reasons? What do you think are some of the challenges or drawbacks of living in Texas? I would love to hear your thoughts.
Top States Gen Zers Are Moving:
- Texas
- Florida
- California
- North Carolina
- South Carolina
- Washington
- Colorado
- Virginia
- Arizona
- Georgia