High property taxes in Texas just one piece of the puzzle

Lower overall taxes in Texas have played a significant role in the mass exodus of Californians to the Lone Star State. Although property taxes in Texas are higher than in California, Texans enjoy no state income tax – a cost that many Californians have found overly burdensome.

Houston’s magnet economy has sustained impressive growth primarily due to its tremendous energy sector, medical center, and massive ship channel/port.  When paired with a business-friendly taxation policy, it’s no wonder that Houston has been consistently outperforming just about every city in the country.