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Texas' Population
Continues to Explode as
Millennials and Baby
Boomers Migrate
Rockport Properties, Inc.
Population Growth in the Lone Star State
The population in the Lone Star State has been increasing over the last few years. In 2010,
there were already 25 million residents. But the growth from 2016 to 2017 was one of the most
significant.
By the end of the year, the population ballooned to 28 million people. The state has, therefore,
eventually crossed its threshold. Moreover, around 400,000 called Texas their home, and it’s the
biggest among all the states. It represented 1.4 percent growth, which is one of the top ten
fastest growth rates.
The population grew due to net migration and natural births, although the former has slowed
down while the other has gone up. At least 208,000 babies lived in the state. Among the
migrants, there’s a shift in the population. Between 2015 and 2016, most of those who settled
in Texas were domestic migrants. The following year, it was the other way around.
In general, the U.S. population growth has slowed down. In 2016, it increased by only 0.7
percent, making it the lowest over the last 80 years. However, it still means there are more
than 300 million Americans today.
The growth rate of the population varies among states. In Utah, the population grew through
natural births. Many other states increased theirs with net migration. In Texas, it’s both.
Millennials and Baby Boomers
Texas also enjoys the influx of both the baby boomers and millennials, who add more
interesting dynamics in the state's culture.
A report by the Brookings Institution stated that Texas was one of the very few states
whose millennial population increased by over five percent. Among the most popular
cities for this generation, three of them were from the state and they were also the well-
known cities. These include Houston and San Antonio.
Baby boomers or those who are between 60 and 70 years old, however, are also moving
to Texas. In a data analysis performed by Smart Asset, the state made it to the top 10,
securing the sixth place.
There are many reasons these two groups are moving to the state. For the millennials,
Texas offers a break from the high costs of living. For the older ones, they may prefer the
state’s favorable tax laws. Regardless of the reason or the age group, Texas has many
great things to offer, which makes it worthy to be called home by thousands of people.
Resources:
http://www.rockportproperties.com
https://www.bizjournals.com/houston/news/2018/02/13/where-are-millennials-moving.html
http://dallas.culturemap.com/news/city-life/02-23-18-texas-millennial-population-surge-
brookings-institute/

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Texas' Population Continues to Explode as Millennials and Baby Boomers Migrate

  • 1. Texas' Population Continues to Explode as Millennials and Baby Boomers Migrate Rockport Properties, Inc.
  • 2. Population Growth in the Lone Star State The population in the Lone Star State has been increasing over the last few years. In 2010, there were already 25 million residents. But the growth from 2016 to 2017 was one of the most significant. By the end of the year, the population ballooned to 28 million people. The state has, therefore, eventually crossed its threshold. Moreover, around 400,000 called Texas their home, and it’s the biggest among all the states. It represented 1.4 percent growth, which is one of the top ten fastest growth rates. The population grew due to net migration and natural births, although the former has slowed down while the other has gone up. At least 208,000 babies lived in the state. Among the migrants, there’s a shift in the population. Between 2015 and 2016, most of those who settled in Texas were domestic migrants. The following year, it was the other way around. In general, the U.S. population growth has slowed down. In 2016, it increased by only 0.7 percent, making it the lowest over the last 80 years. However, it still means there are more than 300 million Americans today. The growth rate of the population varies among states. In Utah, the population grew through natural births. Many other states increased theirs with net migration. In Texas, it’s both.
  • 3. Millennials and Baby Boomers Texas also enjoys the influx of both the baby boomers and millennials, who add more interesting dynamics in the state's culture. A report by the Brookings Institution stated that Texas was one of the very few states whose millennial population increased by over five percent. Among the most popular cities for this generation, three of them were from the state and they were also the well- known cities. These include Houston and San Antonio. Baby boomers or those who are between 60 and 70 years old, however, are also moving to Texas. In a data analysis performed by Smart Asset, the state made it to the top 10, securing the sixth place. There are many reasons these two groups are moving to the state. For the millennials, Texas offers a break from the high costs of living. For the older ones, they may prefer the state’s favorable tax laws. Regardless of the reason or the age group, Texas has many great things to offer, which makes it worthy to be called home by thousands of people.