The adage that everything is bigger in Texas is true. The vast Texas landmass is bigger than some developed countries such as France, Germany, and New Zealand.
From its incredible open spaces to a booming economy, Texas offers an amazing scope of choices to accommodate different ways of life. Many New Yorkers are choosing to move to the Lone Star State for various reasons including a lower cost of living, cheaper housing, and escaping the cold winters in the northeast among others.
In this guide, we will discuss the pros of moving from New York to Texas so you’ll know what to expect when you make that all-important move. If you’re ready to trade in the Big Apple for a more simple life in Texas, contact us today and we’ll help you explore the exciting Texas real estate market.
Pros of Moving to Texas from New York
According to a recent census report, New York is home to a population of 19.3 million people, while Texas has a population of 29.3 million people. Measuring 268,596 square miles, Texas is 5 times larger than New York which is 54,555 square miles in size.
Meanwhile, New York has a population density of 421 people per square mile, the highest population density of any major city in the country. This is in stark contrast to Texas which has 110 people per square mile.
With that in mind, the higher population in Texas doesn’t translate to overcrowding even when living in big cities such as Dallas or Houston. No matter where you choose to settle in Texas, you can expect to find larger home lots, more privacy, and extra breathing space to express yourself.
|Size||268,596 sq. miles||54,555 sq. miles|
With its idealistic folks, Brooklyn hipsters, and young rich professionals pursuing their dreams, New York is a delightful state. Another trait New Yorkers have in common is that they’re ever busy, and they tend to be arrogant when referring to the greatness of the Big Apple.
This is in contrast to Texans who are friendlier, more welcoming, and have an independent aura that characterizes their personality. To showcase that persona, Texans have different slogans that they like to display in their shop windows or bumper stickers. They include:
- Everything’s Bigger in Texas
- Don’t Mess with Texas
- The Great State of Texas
- The Friendship State
The state of New York is known for its cold winters, especially in areas such as upstate New York where it tends to snow heavily. If you love snow, it may not be a good idea to move to Texas as the subtropical climate in the Lone Star State translate to hot summers and mild winters.
You’ll probably ditch your prized winter clothes as it only snows in a few places in Texas such as the northern plains, El Paso, and Amarillo which can get roughly 6 inches of snow in a year. East Texas can expect periods of heavy rainfall while West Texas is largely dry weather. Warm ocean breezes are common in the extensive coastline along the Gulf of Mexico.
The tax burden measures the percentage of total income residents pay in local and state taxes, and it can vary widely based on the current state of the economy. A recent report revealed that at 12.75%, New York State ranked No.1 for overall tax burden and 4.9% for individual income tax burden. With a tax burden of 7.6%, Texas ranked 47 out of 50 states.
By moving to Texas, you'll realize a 42% saving in Taxes on your income. Even if moving from New York to Texas means taking a pay cut by half, the saving in taxes will even things out and you'll still maintain the same standards of living. That said, the bulk of Texas’ tax revenues come from taxes on property, businesses, and retail sales.
According to recent data, the top five U.S. states with the highest Gross Domestic Products (GDPs) are:
- California - $3.36 Trillion
- Texas - $1.99 Trillion
- New York - $1.85 Trillion
- Florida - $1.1 Trillion
- Illinois - $875 Billion
That said, Austin, the capital city of Texas ranks among the top ten fastest-growing economies in the US. Additionally, 4 of the top 10 metropolitan areas for job growth are located in Texas. With over 55 Fortune 500 company headquarters including Dell, American Airlines, Tenet Healthcare, Keller Williams, Livestock Investors Ltd, and many more, the job market in Texas is flourishing.
Due to the massive demand for labor in the housing market, builders in DFW are even facing challenges to bridge the shortfall in manpower. What’s more, cities such as Austin and Dallas are topping the list of best cities for job growth, highlighting the steady economic growth in Texas.
The large New York population coupled with a high demand for housing has made land for building scarce resulting in exorbitant home prices in the Big Apple. This is in contrast to Texas where land is plentiful and the housing inventory can meet the demand.
According to recent data, the typical home value in Texas is $300,000 while New York has an average home price of $760,000. At $637,000, Travis County has the highest median home price in Texas yet the price is lower than that of New York. If your home in New York is over $600k, you can buy two homes in Texas for the price of one, and remain with enough change to furnish the houses.
|Median Home Value||$300,000||$760,000||$374,000|
|Median Household Income||$68,000||$72,000||$65,000|
The same is true when renting or leasing a house. While renting an apartment in New York will set you back $2,200 per month, the same house in Texas will cost you approximately $1,400. That’s not all, the same budget that will get you a one-bedroom apartment in New York will allow you to rent an even bigger space in Texas without straining your wallet.
Cost of Living
Besides affordable housing, you can enjoy the same standard of living in Texas for a lot less than it would cost in New York. The Big Apple has the fifth-highest cost of living index (133.7) in the country, and groceries, utilities, and transportation are all above the Texas average of 91.5 and a U.S. average of 100. Furthermore, utilities are deregulated in Texas, and this allows residents to choose from a list of 150 companies to buy electricity. This translates to lower electricity and gas bills.
New York’s transportation system has served as a benchmark for many cities around the world. The well-integrated highway system in Texas’ is equally good if not better. Popularly referred to as frontage roads, the access roads in Texas’ freeways are uniquely designed. Texas is also the only state in the country to build such roads along its highways. The frontage roads provide easy access to and from the freeway for adjacent businesses, retail outlets, and gas stations.
Additionally, many Texas cities have free parking in downtown areas, some before 6 p.m. and others after 6 p.m. But mass transit in Texas doesn’t quite match up to the comfort and convenience of New York. That said, the overall transportation cost is 50% cheaper in Texas than it is in New York.
Though New York is the city that never sleeps, the Lone Star State has plenty of things to do with entertainment costs 50% less expensive than New York. For example, spectator sports fans will have plenty of sports to cheer including the San Antonio Spurs, Dallas Mavericks to Dallas cowboys. What's more, nightclubs, dive bars, green spaces, and museums make Texas one of the most entertaining destinations in the country.
The top 10% rule in Texas is a landmark law that stipulates any Texan who graduates in the top 10% in high school education will gain admission to any state college that is publicly funded. With that in mind, students who do well in their high school studies increase their chances of pursuing a certificate or degree course in a top college or university in Texas. Paying tuition fees is a different story altogether, but pursuing a professional course at a prestigious college is considerably cheaper in Texas than it is in New York. Some of the top universities in Texas include Texas A&M University and the University of Texas - Austin.
Cons of Moving from New York to Texas
The weather is great in Texas for most of the year. But in late spring and early summer, some parts of the Lone Star State are susceptible to hurricanes, hail, flooding, thunderstorms, and tornadoes. The Gulf of Mexico in particular tends to experience cyclones that cause heavy rains and flooding, whereas the northern panhandle is the Tornado Alley of America.
Bugs and Allergies
In June, small bugs known as June bugs invade Texas in their thousands. Though they're harmless, they're quite irritating as they buzz around bumping into people and windows. Some people also complain about getting allergies, especially those who are allergic to pollen which is common during springtime. Raw unfiltered honey is said to offer quick relief.
Must-Have a Car
If you don’t enjoy driving, Texas may not be your ideal destination. Since everything is spread out, it can be challenging to walk to a nearby restaurant or grocery store—you almost have to drive everywhere. Because of its sheer size, commutes in Texas tend to be longer, and mass transit is yet to be adopted in many parts of the state.
The Lone Star state is home to the nation's greatest barbecue as well as Tex-Mex—a combination of Southern American cooking and Mexican food. Though heavenly, this hybrid comes at a cost. According to the American Public Health Association, New York has the 3rd-lowest obesity rate in the U.S at 23.6% of the adult population. Texas was ranked 32nd. Additionally, 24.6% of Texans lack health insurance compared to 11.3% of New Yorkers.
Do you desire the family-friendly atmosphere in Houston, the vibrancy and sports culture in Dallas, or the outdoor life and job opportunities in Austin? If you have decided to trade in the hustle and bustle of the Big Apple for a slower pace of life in the Lone Star State, our agents are ready to help you find the best place in Texas to call home.