Texas is one of the fastest-growing states in the US, and its counties are no exception. Harris County added the most residents, but several counties in the Dallas-Fort Worth-Arlington metropolitan area also saw significant increases. Michael Davis, professor of economics at Southern Methodist University, told the WFAA that the new growth is significant, but not surprising. Companies are moving to counties outside of Dallas, such as Toyota's choice to move its headquarters to Plano.
Paige Shipp, executive director of the Dallas Builders Association and director of Insite Brokerage Services, told the WFAA that rapid growth has caused housing shortages. On average, building a new home in DFW was a six-month process before the pandemic. Currently, the housing construction process in the area takes more than 18 months. In addition, Shipp said that builders are experiencing delays in the process of granting permits for the development of certain popular suburbs.
When looking at counties specific to metropolitan areas in the US, Maricopa County in Arizona (46.86), Riverside County in California (31.25), and Collin County (30.19) are among the top three. Dallas and Tarrant counties experienced by far the lowest percentage increase, while Kaufman County experienced the highest percentage increase. Collin County recorded the highest increase in its Asian population among the seven North Texas counties analyzed by The News, with an increase of more than 27%. The rapid expansion of North Texas is undeniable.
With companies relocating to the area and housing shortages on the rise, it's clear that Tarrant County is growing at a rapid pace. As more people move to this area, it's important to stay informed about what's happening and how it will affect our lives. The population growth in Texas is remarkable and Tarrant County is no exception. The influx of businesses and people has caused a housing shortage in Dallas-Fort Worth-Arlington metropolitan area and other counties in North Texas have seen a significant increase as well.
Michael Davis, professor of economics at Southern Methodist University, stated that this growth was expected due to companies relocating to places like Plano. Paige Shipp from Dallas Builders Association also mentioned that it takes much longer now to build a new home than before due to delays in granting permits for development projects. Maricopa County in Arizona (46.86), Riverside County in California (31.25), and Collin County (30.19) are among the top three fastest-growing counties in metropolitan areas across the US. Kaufman County experienced the highest percentage increase while Tarrant County had one of the lowest increases among North Texas counties analyzed by The News.
Collin County recorded an impressive 27% increase in its Asian population as well. It's clear that North Texas is rapidly expanding and Tarrant County is growing at a fast pace too. As more people move to this area, it's important to stay informed about what's happening and how it will affect our lives.