10 reasons why so many people are moving to Texas "The unconventional oil and gas boom has helped turn Texas into an economic juggernaut, particularly world energy capital Houston, but growth has also been strong in tech, manufacturing and business services.
" Critics have questioned whether the "Texas miracle" is a myth, based on cheap labour and poor regulation. But Kotkin says Texas has plenty of high wage, blue collar jobs and jobs for university graduates, although people looking for very high wage jobs would probably head to Seattle, San Francisco and New York. Four of the top 10 metropolitan areas for job growth in 2013 are in Texas, according to Kotkin's website, New Geography. Texas also has a huge military presence, which grew as defence spending increased in the decade after 9/11. Many retired Texans first came to the state as service personnel. 2. It's cheaperOnce employed, it's hugely important that your pay cheque coach outlet atlanta hospitals goes as far as possible, says Kotkin. Fastest growing cities in US (%) "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." Kotkin came to this conclusion after looking at the average incomes in the country's 51 largest metro areas, and adjusting them for the cost of living. His results put three Texan areas in the top 10. Houston is top because of the region's relatively low cost of living, including consumer prices, utilities and transport costs and, most importantly, housing prices, he says. "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. "In New York, San Francisco and LA, if you're blue collar you will be renting forever and struggling to make ends meet. But people in Texas have a better shot at getting some of the things associated with middle class life." Texans who've left their mark on the world Roy Orbison (pictured, first) was born in the small town of Vernon, in 1936, months before fellow rock 'n' roll great Buddy Holly, from nearby Lubbock Joan Crawford(second), born Lucille Fay LeSueur to a poor San Antonio family, was famous for accepting an Oscar while ill in coach outlet qatar bed As coach outlet stores howell JR Ewing, Fort Worth's Larry Hagman became the face of long running soap Dallas and just about the most famous man in Texas Also robbers Bonnie and Clyde, singer Janis Joplin, country star Willie Nelson, cyclist Lance Armstrong, actress Jayne Mansfield(third) Texas has produced two presidents: Lyndon Johnson and Dwight Eisenhower. Connecticut born George W Bush (fourth) grew up there 3. HomesLand is cheaper than elsewhere and the process of land acquisition very efficient, says Dr Ali Anari, research economist at the Real Estate Center at Texas A University. "From the time of getting a building permit right through to the construction of homes, Texas is much quicker than other states. "There is an abundant supply of land and fewer regulations and more friendly government, generally a much better business attitude here than other states." This flexibility, plus strict lending rules, helped to shield the state from the recent housing market crash. 4. Low tax 'I moved because I had to' Jeff Paradise, 32, works for an insurance company and relocated to Dallas in 2011, but he often returns to see his partner, Ryan (above left), in his native New York. "I've been to quite a lot of cities in the US and Dallas is probably my least favourite. The one reason I'm here is for a financial purpose. I have a really good job but I work about 70 80 hours a coach outlet in california week so if I had more free time, I would do more. It's a new American city, all sprawled out, because it came of age in the 60s and 70s when it was all about cars and highways. But it's definitely changed the last 5 10 years and they are trying to improve the public transport. I get the train and it's clean, on time and cheaper than New York." 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.
The state has a disproportionate take from property taxes, which has become a big complaint among homeowners, she adds. But overall, only five states had a lower individual tax burden than Texas, according to Tax Foundation research. There are also tax incentives for businesses and this week legislators cut more than $1bn off proposed business taxes.
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