Tesla and SpaceX CEO Elon Musk shared at The Wall Street Journal's CEO Council annual summit that he has moved from California to Texas.
From 2010 to 2019, the population of Texas swelled by around 3.8 million inhabitants. That leads to a total of about 29 million residents — more than the entire population of Australia.
Texas has had a growing population over the past decade as more people are moving in than out in some metro areas.
To get a read on where people are moving to, Business Insider used US Census Bureau data to rank the metropolitan statistical areas in Texas by total net domestic migration between 2010 and 2019 — the number of people who moved into the metro area during that period from another part of the US or another country, minus people who moved out of the metro area — adjusted by the metro area's 2010 population.
Other research, covered by the real estate news service Inman, underscored our findings. It found that Texas is home to a outsized amount of new home owners compared to the rest of the country, with seven of the top 25 cities nationwide for new home ownership in the state.
Frisco was at the top of that analysis, where a stunning 43.6% of homeowners have lived in the city for less than 10 years. The metro area of Dallas, where Frisco is located, is ranked No. 5 on the Business Insider list. Metro Dallas experienced a net migration of 686,884 between 2010 and 2019 — roughly equivalent to adding a Baltimore or Milwaukee to the Dallas-Fort Worth area.
Midland, in West Texas, became a major hub in the oil and gas boom of the last decade, which in turn pushed it up our migration rankings. It had the greatest income growth of any US city in 2018, while Odessa, another oil boomtown on the list, placed second.
Here are the top 12 metro areas in Texas by total net migration:
