Californians are moving to Texas in record numbers, according to the latest US Census. The large migration of Californians to Austin is a running joke around these parts, of course, but it turns out that the numbers support the anecdotal evidence, according to Realty Austin.
Apparently, California has lost a lot of citizens since 2011. This is due to several factors, the first of which is California’s high unemployment rate, which as of December 2012 was nearly 10 percent. Contrast that to Texas’ unemployment rate for the same period which was just over 6 percent and you can see that jobs are a major draw for Californians moving to Texas.
The high cost of living in California, which is continuing to increase, is another major detractor from living in that state. Overall, the cost of living in California is 35 percent more than the average for the rest of the country. Contrast that to Texas’ cost of living being about 11 percent lower than the national average and you can see why Texas is so attractive to restless Californians.
Both of these factors combine to add up to 100,000 Californians leaving the state since 2011. Of those, 60,000 moved to Texas in 2011! Texas is a natural draw for these transplants because we have a lot of tech businesses, just like California, we have a great economy that’s adding jobs, and of course the Texas weather which is mild like California. Texas, and particularly Austin, appeals to both young job seekers and retirees. Austin has been listed as the 11th most popular retirement city in Texas and almost half of the over 65 set are new Texans who moved here from another state or even country.