Many Folks Moving To Texas

[Jim Cummings]

Welcome home: 525k residents moved to Texas in 2017

AUSTIN (Texas Realtors) – The Lone Star State ranked second in the nation for relocation activity in 2017, according to the 2019 Texas Relocation Report by Texas Realtors (formerly the Texas Association of Realtors).

The state welcomed 524,511 new residents in 2017, fewer than the 531,966 out-of-state residents who moved to Texas in 2016.

The net gain of out-of-state residents in Texas in 2017 fell from 87,656 in 2016 to 57,173 residents in 2017.

Residents moving to Texas from outside of the United States made up nearly half of the total inflow of residents.

Among U.S. states, the highest number of new Texans relocated from California (63,175), Florida (33,740), Louisiana (28,700), Illinois (26,214), and New York (20,644).

Texas ranked third in the United States for the number of residents moving out of state (467,338) in 2017.

The most popular out-of-state relocation destinations for Texans were California (40,999), Oklahoma (32,430), Florida (31,625), Colorado (25,212), and Louisiana (17,674).

At the metro level, Los Angeles-Long Beach-Anaheim, New York-Newark-Jersey City, and Chicago-Naperville-Elgin produced the highest volume of residents relocating to Texas. Dallas-Fort Worth-Arlington had the highest number of incoming residents from out of state (230,118), followed by Houston-The Woodlands-Sugar Land (203,279).

The report used data from U-Haul and the U.S. Census Bureau's 2017 American Community Survey five-year estimates.

[Ron Harris]

Thanks @Jim Cummings for the stats.

We are noticing a lot of people from the coasts moving to Oklahoma, specifically Oklahoma City. 
Of course, we are also having a lot of out-of-state investors park their money in OKC, as well. 
Last time this happened, a bubble popped nationwide.  
My mentors tell me this happens EVERY cycle. :)