Best 20 Cities in Texas for Jobs and Business Through 2025
Businesses are Rushing to Texas
Throughout the economic downturn of the Recession of 2008 - 2010, much of Texas seemed untouched by increased Unemployment figures and increased Poverty Rates in counties and Workforce Development Areas.This fact made Texas attractive to new business, including manufacturing throughout second half of the 2000s and into the 2010s.
Because the State of Texas levies no state income tax, private citizens and businesses having been moving into Lone Star territory for a couple of decades at a higher rate than previously, despite increasing temperature in the climate. The outside observer might think that a state income tax is a small thing; however, the lack of that tax is a big thing to those drawn in by it: families, singles, working and on-working retirees, and businesses. Instead of a Corporate (Income) Tax, Texas levies a Franchise Tax.
For example, a snapshot of all jobs found in all Internet sources today, March 27, 2012 showed over 366,000 job opportunities in Texas. Of those, 24% of those jobs pay $60,000 or more per annum, up to over $120,000 per year, with benefits. Employment Trends are discussed further below, with Graph I.
Top 5 Reasons Businesses Choose Texas
For the year ending December 2011, Forbes Magazine online placed Texas at 6th best State in America for Business success. CNBC placed Texas as Number Two behind Virginia.
CNBC examined all 50 US States by 43 Variables of competitiveness in Business by awarding points, with help from the National Association of Manufacturers and the Council on Competitiveness. The Variables, in turn, were clustered into a Top 10 Categories. This ranking is reported to be able to tell us how each US State sells itself to businesses everywhere as a good place to do business.
Four additional factors stand out as able to bring new and relocating businesses to Texas, according to the CNBC figures provided in their rankings data for 2011 (see Chart I, below). These are very attractive to businesses and include:
- Transportation and Infrastructure - The high school here indicates better and more frequent instances of effective transportation and infrastructure in place, with better planning and maintenance, and moire new projects.
- Technology and Innovation - Business and Higher Education work together to create jobs and bring in new businesses and emerging products and industries.
- Access to Capital - Better, easier, faster access to money in order to do business.
- Lower Cost of living - 46 out of 50 points is excellent.
- No State Income Tax
The Migration to Texas
- Texas still leads U.S. for private-sector jobs - Houston Business Journal
The State of Texas is Number One in job creation/addition in the Private Sector from January 2009 - January 2012.
- Texas Adds 25,000 Manufacturing Jobs in Past Year 2011 into 2012: The State of Texas is Number Two in the list of best places to work and do business in the USA, and also Number Two in American Manufacturing Jobs - and still increasing.
- Texas Drawing Millions Moving from Other States | The Texas Tribune. comptroller.texas.gov/economy/fiscal-notes/2017/october/migration.php
Chart I. Virginia and Texas Compared in CNBC Rankings
The higher the score, the more positive is the effect of the Ranking Variable.
Cost of Doing Business 350 Points Possible
Workforce 350 Points
Quality of Life 350 Points
Infrastructure/Transportation 325 Points
293 = 90.15% of perfect
Economy 300 Points
Education 225 Points
Technology/Innovation 225 Points
197 = 87.56%
Business Friendliness 200 Points
Access to Capital (money, loans, funding) 100 Points
94 = 94%
Cost of Living 50 Points
46 = 92%
Texas Enterprise Zones
Federal Enterprise Zones are mapped out by the Federal Government in the US States and cities as being the best areas for increasing business and jobs, thereby increasing economic health of metropolitan areas.
Partnerships among Business, Education, and Government target these zones to attract business and this becomes Reason Number Six for businesses to rush to Texas.
Over 1760 different Enterprise Zones are located around Texas in the following regions and their major cities.
- North Texas: Dallas/Ft. Worth Metro Area, Westlake (the Richest City), Rowlett - Keller - Flower Mound Metro Area, Sherman/Texoma, Arlington-Irving-Plano Corridor, Abilene - Lubbock Area.
- Central Texas: Austin, Bryan/College Station Area, Midland - Round Rock - Odessa Metro Area
- East Texas
- Gulf Coast: Houston (best city in the state for business), Missouri City, Galveston, Sugar Land.
- South Texas - San Antonio, Los Fresnos (Little Graceland), Harlingen
- Lower South Texas - Borderplex at McAllen has ample opportunities for employment and a lower cost of living than America overall. This is also a Foreign Enterprise Zone in conjunction with border cities of Mexico. Aerospace businesses are rushing to South Texas as well, including a SpaceX private spaceport in Brownsville.
- West Texas & Upper Rio Grande: El Paso, Waco Metro Area
Benefits of bringing businesses to the Enterprise Zones include:
- Texas Enterprise Fund: Money for business.
- Texas Emerging Technology Fund: Money for new technologies.
- Capital Financing
- Grants: Examples are for infrastructure ,cancer research, laboratory construction, and many others.
- Tax Incentives: State and local communities provide business tax incentives: e.g., Enterprise Zone Sales Tax Refunds, MFG Sales Tax Exemptions, Property Tax incentives and inventory tax exemptions.
- Workforce Development: Worker and job-seeker training available through the State, Counties, and Workforce Development Areas (WDAs). This creates Reason Number 7 that businesses are wise to come to Texas.
Successful Large Manufacturers
- Lockheed Martin: Aerospace, Aviation and Defense. This is a member of the NASA Commercial Crew that was begun in 2011.
- Deloitte: Consulting to manufacturers.
- Alliedbarton Security Services: Plant security.
- Aerotek: Aerospace: Commercial Crew member.
- Advantage Sales & Marketing: Marketing.
- General Electric: Energy and Transportation
- Baker Hughes: Energy; oilfield services, products, technology.
- Chevron: Energy.
- Dr Pepper Snapple Group: Food and Beverage production.
Referring to the graph below provided by Indeed.com, we can see that Texas jobs
- Increased fastest from late 2007 through summer 2009, during the Great Recession.
- After a small dip in 2010, jobs increased through March 27, on which date there were 366,000 jobs open.
- By May 2018, the state included over 280,000 jobs, while the unemployment rate continued to decrease for Texas. Texas needs more workers.
Graph I. Texas Jobs Increased 105% 2006 - 2012
Top 10 Most Advertised Job titles
The Number One High Demand Job in Texas is Manager in several industries.
A testament to this fact is that a Senior Citizen friend recently moved to Texas at age 70, obtained a job in Retail Sales, followed by Management, all within a month of moving from the Midwest. In addition, several job seekers of various ages corresponding with me were hired in Sales and Trucking Industries.
NOTE: These Top 10 Jobs do not simply pop up when one searches with the term "Texas" at Indeed.com or SImplyHired.com. The jobs in the left hand sidebar may be popular, but a person using the job search engines must know the industry clusters in America and access those in searches in order to find the real Top 10 Jobs.
- Managers - Over 143,000 positions overlap somewhat into the IT Industry, especially for "Business Analysts", but includes Aerospace/Aviation Mfg. & Operations, Food Service, Sales, Telemarketing, and others.
- Sales - Retail and Wholesale Sales, with 78,000+ jobs.
- Physicians - Various Specialties among 31,600+ job openings, with half at over $70,000 per year salary.
- Registered Nurses (RN) with 30,000+ openings in today's snapshot, followed by
- Engineers with approximately 30,000 jobs that include the IT Industry, Highest Demand coming from: Software Engineer, Project Engineer, Process Engineer, Network Engineer, Electrical Engineer, Mechanical Engineer, Systems Engineer, Manufacturing Engineer, Quality Engineer, and Sales Engineer.
- Truck Driver - Owner-Operators, singles and two-person teams. Certain truck driving schools will train drivers complete with CDL certification and place them with a trucking company or help them purchases a truck set up. One of my associates found a company that for several years provided a place to live and meals during this training as well.
- Physical Therapist, followed closely by
- Occupational Therapist and both #5 and # 6 occupations can pay over $120,000 annually with a few years of experience.
- Manufacturing Jobs - 23,400+ career jobs and student interns.
- Oil and Natural Gas - Approximately 14,000 jobs.
In addition to the Top 10 High Demand Occupations in Texas, over 12,000 college internships are available every year.
Employment Forecasts Through 2025
In general, over half of the newly created jobs will be non-replacement jobs (truly new jobs).
The eight jobs or careers listed below are those that are expected to increase numbers of job openings by a greater number of jobs over the course of the decade ending in 2018. However, all the Healthcare and IT Industry Jobs will continue to grow in the same manner through at least 2022 and on to 2050 because of the aging population, increasing population that includes children and longer-lived elderly, and advances in Aerospace and Aviation Technologies/Privatized Space Flight that produce projects such as Mission to Mars, Space Vacations, and more.
In similar manner, Service Industry Jobs that can include Education as well as Food Service will increase in larger numbers than do other occupations, traced back to the same reasons.
The Top Eight Jobs will continue to be in the Top 10 for increasing number.:
- Public and Private Elementary & Secondary Schools (Grades Pre-K-12) = At least 13% of total new jobs in Texas projected by 2020, total over 1,996,000 jobs from 2008 - 2018. Texas already increased jobs in surges from 2008 - 2009, 2010 - 2012, and 2013 - 2016.
- Full Service Restaurants = 5.21% of Texas new jobs.
- Home Health Care Services = 4.5%
- Doctors' Offices = 3.0%
- Computer Systems Design and Related = 1.4%
- Nursing Care Facilities = Estimated 2% or more increase.
- Management and Technical Consulting Companies 1.23%
- "Other Healthcare Practitioners' " Offices = 1.0% - This includes private practices and shared practices of Physical, Occupational and Speech Therapists, Nurse Practitioners, Physician Assistants, and others.
These Top 8 Jobs account for over 30% of projected new openings in Texas through 2024.
© 2012 Patty Inglish