Texas is the land of opportunity, according to a new report from Forbes on America’s next boomtowns. Forbes analyzed the 53 largest metro areas in the country to determine which have the best chance of prospering in the next decade, and four of the 10 are in Texas.
“The most vital parts of urban America can be encapsulated largely in one five-letter word: Texas,” says Forbes, declaring Austin No. 1, Houston No. 6, Dallas-Fort Worth No. 7, and San Antonio No. 8 on the list.
“Austin, Houston, Dallas-Fort Worth, and San Antonio are very different places, but they all have enjoyed double-digit job growth from 2010 through 2014, well above the national average of 8.1 percent,” Forbes says. These Lone Star hubs also have experienced huge increases in populations of young, educated millennials and households with children. The metros have also seen hikes in income growth.
Dallas-Fort Worth experienced 15 percent job growth from 2010-2015 and an 8.2 percent population increase from 2010 to 2014. And, 33 percent of the population ages 25-44 has at least a bachelor’s degree.