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Wealth Advisor
Wealth Advisor

The Great Migration Continues

Americans are still fleeing expensive governments.

“Houston suburbs are still booming. But how long will it last?” asks a headline in the Houston Chronicle. The same question might be asked in the Dallas area. Eleanor Dearman recently noted in the Fort Worth Star-Telegram:

Dallas-Fort Worth grew by 123,557 people between 2024 and 2025, the second most of any metro area in the country, according to estimates released Thursday by the U.S. Census Bureau. The Houston metro area ranked first in numeric growth, gaining 126,720 people. Austin ranked sixth (53,796 people) and San Antonio was ninth (38,402 people.)

Texas still has the biggest boomtowns, but on a percentage basis population growth was fastest last year in the metropolitan areas of Ocala, Fla., and Myrtle Beach, S.C. Notice a pattern? Americans continue to choose inexpensive, modest government over jurisdictions run by ambitious ideologues.

It’s not just about the weather. Jenny Jarvie reports for the Los Angeles Times:

New data from the Census Bureau show L.A. County lost approximately 54,000 people from July 2024 to July 2025, the largest numeric population decline in the nation…

The upshot is Los Angeles, one of the most dynamic boom towns in U.S. history, has led the nation in numeric population loss for all but one of the last eight years.

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