TEXAS — The number of people migrating from California to Texas has not slowed down. In fact, it's increasing, according to a new study. According to a new study, the number of people relocating from Califronia to Texas is going up
The move from California to Texas is the most popular interstate relocation routes in the U.S., with 111,000 people making the move in 2021, according to a study done byThe popularity of this route is only challenged by the one from New York to Florida, with 93,000 people making the move in 2021. According to StorageCafe, this move is largely spurred by affordability and job options in the Lone Star State. Remote work has fueled people to choose a state with no income tax, lower housing costs and a business-friendly environment. Two noticeable high-profile people who have made such a move include Elon Musk and Joe Rogan.
Home costs, on average, are about $282,000 lower in Texas than California. For example, buying a home in Dallas versus San Jose can result in savings of $1 million, with the home price difference at a whopping 258%. The same is applicable when comparing homes in San Mateo to those in Travis counties, with the home price difference at 243%, allowing California home buyers to average nearly $1.3 million in savings.