Forget what you think you know about Texans. We’re not all cowpokes in ten gallon hats and spurs. In fact, most of our 26+ million residents live in thriving, metropolitan communities. But a state with a diverse, multicultural population and numerous international, Fortune 500 businesses are just a few of the reasons absolutely everyone seems ready for a DFW relocation. Whether you’re planning a move to DFW or just got here, ahead are five reasons everyone’s so excited about living in the Dallas-Fort Worth Metroplex.
Strong Job and Housing Markets
Many people relocate to DFW because of its expansive job opportunities. According to Texas’ Office of Economic Development, “Texas is a top global destination for foreign direct investment (FDI), with 34 foreign trade zones and more than 1,700 foreign corporations with ongoing operations in the state—making our population one of the most diverse in the country.”
Financially savvy current and future Texans also see the strong housing market as a great investment opportunity for their families. Since the year 2000, homes in Texas have appreciated 215%! For some suburbs in Denton and Collin Counties, growing towns like Little Elm, Argyle, Melissa, and Celina, where Hillwood Communities are located, have seen steady growth and reliable appreciation rates even in times of economic uncertainty.
Low Cost of Living and Taxes
Cost of living is often at the top of reasons why people want to move to DFW. Not only can folks find jobs to support their families, they are able to keep more of what they make thanks to Texas’ low local tax rates.
As Business Texas explains, “Overall, Texas boasts the fifth-lowest tax burden per capita. On average, residents pay 7.6% of their income in state and local taxes, as per the Tax Foundation. That’s below the average rate of 10.3% nationally. That’s almost half the rate of New York, at 14.1%.”
Living in DFW also guarantees sunny weather a majority of the time. The Austin Chamber of Commerce and Tourism estimates that Texans experience more than 300 sunny days a year and DFW residents enjoy, on average, 232 days per year with sun.
That means nearly year-round patio hangs, outdoor excursions, and, if you’re lucky enough to live at a Hillwood community, lots of time spent enjoying amenities like pools, parks and playgrounds, community gardens, fishing ponds, outdoor kitchens, and walking trails.
And even when the thunderstorms arrive, Texans know we will soon enjoy a profusion of wild flowers like the Bluebonnet, Texas’ state flower.
Decades ago, people considering relocation to DFW from places like Los Angeles, New York City, or Chicago might have considered the Dallas-Fort Worth area to be a backwater region offering little cultural diversity and few opportunities for high caliber entertainment and educational experiences. But things are different now.
Significant investment has been poured into the development of downtown cultural centers in both Dallas and Fort Worth in recent years. Both cities have world-class performance venues that host hundreds of internationally renowned popular and classical music, dance, and theater performances each year.
The DFW Metroplex is home to award-winning museums, eight accredited four-year universities, six professional sports teams, and several minor league teams along with professional auto racing and horse racing. The area offers thousands of entertainment and recreational opportunities and the shopping and dining throughout the region is unparalleled. DFW has no problem competing with major U.S. cities when it comes to the arts, education, and cultural opportunities. This has removed any hesitation people might have had to move here from other major cultural hubs like New York, Los Angeles, and Chicago.
People living in the DFW area have a reputation for being warm and friendly, just like our weather. Don’t be surprised to see smiles from strangers as you walk down the street!
In smaller, more rural areas where many of Hillwood’s new home communities are, many homeowners become lifelong friends with their neighbors. This is made easier by the way the communities are purposely designed for interaction with short, walkable blocks and numerous places to encounter neighbors each day. And friendships blossom and flourish at the more than 300 specially planned activities and events that happen at each of our lifestyle communities.
Frequently Asked Questions About Moving to DFW
How many people move to DFW every month?
Nearly 9,000 people (or 300 each day) move to the Dallas-Fort Worth area every month. Last year, DFW’s population grew by almost 100,000.
Why are so many people moving to DFW?
The people, culture, strong job/housing market, low cost of living and tax rate, weather, and good ole’ southern hospitality are a few reasons the area is growing so fast. Folks are coming from both coasts, fleeing places like Los Angeles and New York.
What companies moved to DFW?
Fortune 500 companies like Toyota and NTT Data recently made DFW home. Comerica and AT&T have also moved their headquarters to the area.
Find Ready-to-Move-In Homes in DFW
Convinced that Texas is the right place for you? Hillwood Communities in DFW, greater Austin, and greater Houston have quick move-in homes and homesites available and many of our builders are offering great buyer incentives. Explore new homes for sale at our numerous Hillwood Communities. See y’all soon, partner!