A report from Reuters indicates that Houston is expected to surpass Chicago as the nation's third largest city.Photo by Jim Olive/Greater Houston Convention and Visitors Bureau
With strong ties to the energy industry, low taxes, a strong international leaning, and a robust job market, Houston is one of the fastest growing cities in the country. We knew that already but did anyone realize that because of that prosperity H-Town is poised to move up the ranks of the nation's biggest cities in terms of population?
According to anew reportfrom Reuters, Houston is expected to grow in population to the point that the city will surpass Chicago, becoming the third largest city in the nation within the next eight to 10 years.
By 2025, Houston is projected to have a population of between 2.54 million and 2.7 million, while Chicago's population, which has been declining for years, will be only 2.5 million. This is according to data collected from the health departments in Texas and Michigan. Mega-cities New York and Los Angeles are still solidly placed at Nos. 1 and 2 for population, respectively.
An interesting view of the city's profile is offered in the article: "Apart from domestic migration, about one in five Houstonians is foreign born and more than 90 languages are spoken in the city."
In fact, between 2014 and 2015, these ratings improved for Anglos from 53 to 56 percent, were stable among blacks at 37 and 36 percent, and showed significant growth from 35 to 46 percent for Hispanics.
Additionally, according to the survey, the proportion of Houston-area residents who would like to see the U.S. admit more or the same number of immigrants in the next decade as were admitted in the last decade grew from 54 percent in 2009 to 72 percent in 2015.
"We have that international mindset that the rest of the United States never saw," Mayor Annise Parker told Reuters.
Trust eXp Realty and our team of real estate agents to help you find homes for sale or to sell your current home. We recognize the level of service that the mobile consumer demands. You have information. You have dreams. We possess experience, integrity, and innovation. Together we create leverage to make your dreams a reality.
It's easy to get stressed out just hearing the word "renovation." You'
"Michelle began working with us while we were still in RI, 12 months before we arrived in TX. Once we were here, she presented a raft of good properties we toured and researched, including a home in Georgetown we ended up buying. Michelle was unfailingly responsive, thorough, and helpful. She was even better during the p&s and closing phases, with wise counsel, grasp of subtleties that would have escaped us, and a strong protectiveness of our interests. She's a superb realtor, more a friend by the end, and we would recommend her highly to anyone searching for a home in central TX."