If Texas were an independent nation, it would rank as the 10th largest economy in the world. Known for its strong job creation, Texas leads the nation with the highest number of Fortune 500 companies, surpassing New York and California. According to CEO surveys, Texas is also recognized as the top state for business in the U.S.
Texas benefits from a subtropical climate, which means it can experience freezing temperatures in winter. However, compared to the harsh winters of New York, Chicago, and much of the U.S., most Texans encounter snow infrequently.
Texas is one of the few states without a personal income tax and has never imposed one. The Legislature aims to support and reward success rather than penalize it, attracting millions of talented individuals from across the U.S. and around the world to relocate to Texas.
The median home price in Texas is notably lower than the national average for two main reasons. First, Texas has higher property taxes compared to most other states, which increases monthly payments for borrowers and limits the ability to drive up property values. Second, Texas policies discourage homeowners from withdrawing the last 20% of their home equity, helping to prevent speculative buying that can inflate home prices.
Texan culture, rooted in Southern traditions, has embraced the positive aspects of Southern hospitality while moving beyond any negative elements of the past. What endures is a genuine spirit of kindness and openness, making Texas one of the friendliest and most welcoming places to live.
Texas experiences remarkable population growth, with many residents having moved from other U.S. states or countries. The state is highly diverse, with Houston being a prime example. In fact, Houston is often recognized as the most diverse city in America, surpassing even New York, Los Angeles, and Chicago in terms of diversity.
Texans are known for their strong work ethic and expect everyone to contribute fairly when it comes to taxes. In Texas, this principle translates into property taxes based on the value of real estate. Therefore, those with higher-valued homes will pay more in property taxes to support government operations, while those with less expensive homes will pay less.
Texans embrace a strong sense of economic optimism. Every year, many people move to Texas with their aspirations, often leaving behind areas with high taxes and strict regulations.
Texas’s diverse population brings a wide array of authentic ethnic cuisines to both its rural and urban areas. In Texas, you’ll never experience culinary boredom.
In Texas, regardless of whether you are a Republican, Democrat, Independent, or have no party affiliation, both Texan and American patriotism run deep.