Austin Number Two in Nation for Net Migration
published on October 7, 2016
Austin takes the number two spot in the nation among large metro areas for its net migration, according to U.S. News and World Report’s list of the “The 20 Best Places People Are Moving to in the U.S.”
Austin, which also has been named the #2 best place to live in the U.S. by U.S. News and World Report, had net migration growth of 8.86 percent between 2010 and 2014. The report says Austin ranks “highly for desirability and has a blossoming job market for the high tech industry.” According to the report, Austin has a population of 1,835,016, a median home price of $240k, and median income of about $48k.
The rankings were based on population growth by net migration for the 100 largest metro areas in the United States from 2010 to 2014, using U.S. Census data. Essentially, the report looks at the difference between people moving away from a metro area and the people moving in to a metro area. Fort Myers, Florida has the top spot, with a net migration of 9.36 percent.
In all, four Texas cities made the top 20 list. Houston is sixth, with 5.43 percent growth. With a population of 6,204,141, Houston’s median home price is about $190k, and its median salary is about $51k.
San Antonio is seventh, with 5.36 percent population growth. With a population of 2,239,222, San Antonio’s median home price is about $162k, and its median salary is about $42k. San Antonio has the lowest median home price of the major Texas metros.
Texas’ largest metro area Dallas came in seventeenth with 4.39 percent growth and, according to the report, a median age of just over 34 years, a healthy job market, and sizeable family friendly suburbs that are attractive to young professionals. Dallas has a population of 6,703,020, a median home price of about $202k, and a median salary of about $48k.
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