Population Growth in Texas

SOURCE www.cnbc.com
Population in Texas grew significantly between 2020 and 2023, with nine of the 10 fastest-growing U.S. cities located in the Lone Star State. Factors such as safety, economic health, and quality of life contribute to this growth.

Key Points

  • Nine of the 10 fastest-growing U.S. cities are in Texas
  • Texas has a lower cost of living and no personal income tax
  • Texas ranked No. 3 in CNBC's 2024 top states for business rankings

Pros

  • Texas cities experiencing rapid population growth
  • Lower cost of living compared to other states
  • Positive economic outlook

Cons

  • Big Spring, Texas saw a population decline of -14.8%