They say everything is bigger in Texas, but did you realize how big the DFW area is becoming from a population standpoint?
The Metroplex in 2010 has now reached a population of 6.8 million and is growing at 165,000 net gain annually. We are the fastest growing region in the United States. According to Michael Cox, economist at SMU, it is now projected that we will have a population of 10.73 million by 2028. We will then be the 3rd largest region in the United States, moving up from our current 4th ranking and surpassing Chicago.
2007 Six Largest Metro Regions
•· New York - 19.0 million
•· Los Angeles - 12.87 million
•· Chicago - 9.57 million
•· DFW - 6.30 million
•· Philadelphia - 5.84 million
•· Houston - 5.73 million
Top 10 Reasons the Metroplex Gains Residents
#1 - Diversified Economy
#2 - Diversified Population - we are a multi-cultural magnet in recent years
#3 - Service based economy geared to globalization
#4 - Global Economy - 48% of business with DFW Fortune 500 companies is with global buyers
#5 - No personal or corporate income tax
#6 - Low cost of labor
#7 - Quality of life
#8 - DFW International Airport
#9 - Growing workforce
#10 - Center of the country
------ Dallas Morning News - March 14, 2010
We are all very fortunate to live in one of the largest metropolitan areas in the country and still have one of the most affordable areas in the country to live and raise our families. The DFW area might not be the most aesthetic pleasing area in the country when it comes to ocean and mountain views, but our quality of life potential ranks among the best.
Jeff A. Stokes
Please visit the S&W Home Team website for more related information on buying and selling a home: www.swhometeam.com or call today at (972) 393-9602
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