{"id":404944,"date":"2026-08-12T22:54:11","date_gmt":"2026-08-12T22:54:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/404944\/"},"modified":"2026-08-12T22:54:11","modified_gmt":"2026-08-12T22:54:11","slug":"economy-at-a-glance-august-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/404944\/","title":{"rendered":"Economy at a Glance – August 2026"},"content":{"rendered":"

On August 5th, the Greater Houston Partnership released its Houston Facts \u201826 report. The full report can be found at the Partnership\u2019s website<\/a>. Highlights from the report are found below:<\/p>\n

Geography<\/p>\n

Metro Houston (known formally as the Houston-Pasadena-The Woodlands Metropolitan Statistical Area by the U.S. Census Bureau) consists of the following 10 counties:<\/p>\n

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The region spans 8,839 square miles of land, making it larger than the U.S. states like Massachusetts, New Jersey and Hawaii. It includes 128 separate cities and 37 census-designated places.<\/p>\n

Demographics<\/p>\n

The region\u2019s population is even more impressive than its land mass. As of July \u201925, it is home to approximately 7.9 million people, making it the fifth-largest U.S. metro behind New York, Los Angeles, Chicago, and Dallas\/Fort Worth. If it were an independent state, it would be the 14th largest in the country, with a population slightly smaller than Washington but larger than Arizona, Tennessee, or Massachusetts.<\/p>\n

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The population has been growing rapidly, adding 754,400 new residents since the start of the decade (April \u201920 to July \u201925). International migration accounts for the majority (51.2 percent) of these new residents, while domestic migration and natural population change (i.e. the number of babies born minus the number of people who die) account for 18.4 and 30.4 percent, respectively.<\/p>\n

Nearly 2.0 million Houstonians (or roughly one-in-four) were born outside the U.S. Since Houston is so close to Latin America, it should be no surprise that the majority (63.0 percent) were born in that region. But significant swaths were also born in Asia, Africa, Europe, and North America.<\/p>\n

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Metro Houston is one of the most ethnically diverse places in the United States, with no single ethnic group representing a majority. The largest ethnic groups are Hispanics or Latinos of any race, White non-Hispanic, Black non-Hispanic, and Asian non-Hispanic.<\/p>\n

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Economy<\/p>\n

Houston\u2019s economy remains one of the largest and most diverse in the nation. The value of all goods and services produced in metro Houston was valued at $758 billion in \u201924. That is more than the value produced by most countries across the globe. In fact, if the region were an independent country, it would have the 22nd most valuable economy in the world, behind Switzerland and Poland, but ahead of countries like Belgium, Argentina, Ireland, and Sweden.<\/p>\n

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Per-capita personal income in the region was $76,916 in \u201924, approximately $3,712 higher than the national average. This suggests that the average Houstonian earns more than the average American \u2013 but that only tells part of the story. Among the 20 most populous U.S. metros, Houston is the 3rd most affordable according to the \u201925 C2ER Cost of Living Index, with an overall cost of living that is 7.0 percent below the U.S. urban average. The region\u2019s housing, utility, and transportation costs are also significantly lower than those found elsewhere in the country. This means that not only do Houstonians earn more, but their dollars go further.<\/p>\n

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