Relocation Buyers
Out-Of-State Buyers
Texas was the fastest-growing state in the nation in 2020 and fifth in 2021. According to the U.S. Census Bureau, the Lone Star State grew by over 1,000 people per day—with 60% of new residents migrating from a different state or country. So what are some of the benefits you can expect when becoming a Texan?
The overall cost of living in Texas is well below the national average, and housing costs clock in more than 15% below the rest of the country. This means money will go so much further in terms of real estate, giving homeowners the option to buy a new-construction home with all the finishes and features they desire.
It’s widely known that Texas is one of nine states in the country without income tax. No income tax also means Social Security and all other forms of retirement income are tax-free as well. While property taxes in the state do rank rather high in comparison to the rest of the U.S., the low cost of housing and other living expenses, coupled with the lack of income tax, will most likely offset the cost. Especially in comparison to states like California, which has some of the highest state income tax rates in the country.
If you’re moving from a bustling metropolitan area and hoping for a similar atmosphere in your new city, you’ll be pleasantly surprised with what Texas has to offer. Those who don’t live here might envision cowboy boots, cattle ranches and dirt roads — but many areas of the state, particularly Dallas-Fort Worth, will give other big cities across the nation a run for their money. With millions of residents in the greater DFW area, booming economies and endless options for entertainment, you’ll never get bored living in Texas’ major metro.
Moving to Texas also means you can buy a high-quality, beautifully-designed home from the experts at May Homes. With a background in home renovations, the team at May Homes knows exactly what today’s homeowners are looking for in a house — which is why we include those sought-after features and finishes in our new-construction homes.