This is what you get in Texas—NO income or corporate tax. And, a real home!!
Thank you for reading this post, don't forget to subscribe!“Homes cost, on average, about $282,000 less in Texas compared to California, amounting to a 70% price-tag difference.
In particular, two moving routes can result in savings of over $1 million. Buying a home in the Dallas area as opposed to one in San Jose can result in savings of over $1 million on average, as the home price difference between Santa Clara and Dallas counties is a whopping 258%.
The second biggest difference in listing prices is between San Mateo and Travis counties, at 243%, giving homebuyers a chance of nearly $1.3 million on average in savings.”
Texas allows you to protect yourself from criminals—California protects criminals from the law. Texas education is about education; California education is about indoctrination. California has a mass deficit—Texas has a massive surplus.
Your choice—living in a totalitarian State or a Free State. Experience freedom.
A move from California to Texas could save a million dollars. Many Americans are opting in
Swapna Venugopal Ramaswamy USA TODAY, 7/4/23 https://www.usatoday.com/story/money/2023/07/04/california-to-texas-move-rising-popularity/70374012007/
The exodus of people from California to Texas is picking up steam.
In 2021, it was the most popular interstate move in the country, with 111,000 people – or 300 people a day – headed to the Lone Star from the Golden State, a whopping 80% increase compared to 2012, according to an analysis of U.S. Census and IPUMS data by StorageCafé.
During the pandemic, as remote work became a reality for many, the trend of people moving from high-cost cities to more affordable areas began started taking root.
The number of people leaving the Golden State for Texas has grown by 36% between 2016 and 2021 while the migration stream from all other states to Texas did not change, rising a mere 0.1%, according to data from the American Community Survey 5-Year Estimates.
“The steep housing prices and cost of living in California represent major reasons,” for the movement, says Prof. Rogelio Saenz, department of demography, at the University of Texas at San Antonio. “One way to assess the difficulties in purchasing a home in California or Texas is to compute the ratio of the median household income to the median home value in each state.”
According to the 2021 American Community 1-Year Estimates, the value of homes was $7.63 for every $1 of household income in California in 2021 compared to $3.55 per $1 in Texas. The median value of a home in California was 2.7 times higher than in Texas in 2021.
The continual soaring housing prices and cost of living in California and much greater affordability in Texas is likely to sustain the significant flows of Californians toward Texas in the coming decades, he says.
Lower housing costs, affordability in Texas
Other than lower housing costs, the factors that make Texas attractive to Californians are the no-income tax policy, the lower cost of living and employment opportunities bolstered by the tech and energy sectors. Utilities are generally lower-priced in Texas as well, roughly 20% less than in California.
On the business front, Texas has actively pursued an economic strategy that includes creating a business-friendly environment that helped not only to retain businesses but also attract new one. Over 100 companies moved their headquarters to Texas since 2020, with 40% of them coming from California.
Exclusive64% of Americans would welcome a recession if it meant lower mortgage rates
Who’s moving to Texas? Millennials.
Most people moving from California to Texas are millennials, making up 46% of those decamping to Texas.
Millennials who moved to Texas had an average household income of $114,000 per year, 21% more than what millennials bring home overall at a national level ($94,000 per year).
The million-dollar difference
Homes cost, on average, about $282,000 less in Texas compared to California, amounting to a 70% price-tag difference.
In particular, two moving routes can result in savings of over $1 million. Buying a home in the Dallas area as opposed to one in San Jose can result in savings of over $1 million on average, as the home price difference between Santa Clara and Dallas counties is a whopping 258%.
The second biggest difference in listing prices is between San Mateo and Travis counties, at 243%, giving homebuyers a chance of nearly $1.3 million on average in savings.
Most Californians can save over $1,000 in rent when moving to Texas
In 18 of the moving routes, renters can save over $1,000 a month in Texas as compared to in their Californian county of origin. Not only that, but they can also make hefty savings if they switch renting from one state to the other. Except for the Los Angeles County to Collin County route, renters pay over 50% more in California versus their Texas destinations.
For instance, a move from Los Angeles to El Paso can save renters $1, 578 per month.
The second-best savings go to those moving from the San Diego area to San Antonio, with a 110% difference in rental rates, a saving of roughly $1,470 on rent per month.
Is everything big in Texas?
On average, homeowners get to enjoy 17% bigger homes in Texas versus California whereas apartments are about 6% larger.
For those prioritizing living space at home, a move from Los Angeles County to Collin County would be the most rewarding. This route brings the most space gains for both homebuyers (1,055 sq. ft.) and apartment dwellers (124 sq. ft.).
Besides the Los Angeles County to Collin County moving route, Californians get to enjoy an additional 1,000 square feet of living space when they buy a home after traveling on two other moving routes to Collin County: From Santa Clara County to Collin (1,002+ sq. ft.) and from Orange to Collin (1,000+ sq. ft.). In both cases, Californians get a home that’s on average 57% larger than the ones in their state of origin. Switching Los Angeles County for Denton County will also bring newcomers from the Golden State an additional 930+ square feet of living space at home.
About Stephen Frank
… and the CA refugees are safer in TX, too!!
Better quality police, better policing. And the ability to legally defend one’s self & one’s property.
But only the sane should moves to TX —
We did business there 14 years. Loved Texas. Bible belt culture in a lot of the state. Home prices in the Panhandle typically stay stable for many years. The ag based economy does not support stupid home prices.
There are several climates. Four seasons in the Panhandle and more tropical / humid in the south. Roads are fantastic. I drove from Amarillo to Dallas twice (4 1/2 hours) and never hit a pothole. I cannot even get out of Fresno on 99 without nearly losing my eye teeth to bone jarring holes in the freeway.
Someone PLEASE convince my husband!!!!!!
This state is circling the drain!
California still has affordable homes but they are a very long way from major urban centers (Alturas, Susanville for example). Texas has no ocean — the Gulf of Mexico comes with near 100% humidity on the land and hundred-plus temps several months of the year. Texas is mostly flat. Texas has no amazing beauty like the Bay Area, excepting some islands in the Gulf. In Texas to go for a hike you’d have to get up at 6 am and be back home by 9am. Everyone has to have air conditioning, unlike coastal areas of California which have natural air conditioning from the marine layer. . Texas has hurricanes, up to 60 mile an hour afternoon winds in the West, suffocating humidity in the East, and tornadoes. Worst of all Texas has HUGE flying and biting insects that are rare in the Bay Area.
So, what we need is for every citizen of Texas to up and move to California, take over our awful government, and install sane policies and taxes, turning California into a red state.
The true savings you’ll get from going to TX is if you sell your real estate before CA makes rules which devalues it … or simply takes it away under some pretext.
I’m a Displaced Texan in the high desert of SoCal: It’s true, cost of living in TX much lower. Right to work state, no ransom to a union to keep your job. No BLM. As I recall, Texas owns its state lands and any income from them goes to schools. All good.
I do quibble about a few statements here. “Texas has no amazing beauty like…” The Hill Country north and west of San Antonio and Austin is as pretty as anyone could want. The Big Bend desert country has some dramatic landscapes like no other – however I would not return until that border gets closed again.
I agree about the hurricanes. When asked why I would move to earthquake country, I can only say, at least an earthquake, as bad as it can be, is over, and you don’t watch it anxiously for days on end wondering where it will strike.
I agree about the humidity. Check out how much the population of Houston grew after WWII – all the snowbirds began to stay all year after buildings became air-conditioned. Then, when the cars had AC, they never went back. We got immigrants from the UK, too.
Quibble about not needing AC because of the marine layer: I had an apartment in LA County I chose because its location enjoyed breezes direct from the ocean, but they lied about not needing an AC. I ended up installing a small window unit in my kitchen (where the marine breezes did not come in) and living in the kitchen most of the summer day times. Plus I always ran the AC in my car.
BUT in the high desert I see NO cockroaches, NO dog or cat fleas, and NO mosquitoes.
So. You pays your money, you takes your choice. I moved to LA in the 70s. I would not move there today.
The move to Texas campaigns always ignore the following two facts.
First: Texas has more illegal aliens than California.
Second: Property taxes are more than double that in California.