Houston Economy At A Glance - June 2024

Each month the Greater Houston Partnership produces the Houston Economy at a Glance that analyzes various indicators tracking the current status of the city’s economic health. Below is a brief summary of some key findings from the June update. Click the link below to download the full report.

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Population Update


Net Gains / Losses

The city of Houston added more than 23,000 residents over the past two years. Of the 100 largest cities in the US, nearly half lost population between 2021-2023. And while gains were modest, they’re sustainable unlike during the Fracking Boom when the city averaged 40,000 new residents per year.

Houston Population Gains Graph 

Job Recovery

One of the major drivers for population gains among the nation’s fastest growing cities generally has been fast pandemic job loss recovery. Houston ranks among the top 5 nationally having posted job gains of a145.3% since the height of the pandemic.

Houston Job Recovery Graph

Cost Of Living

Another major driver in population growth is cost of living. US metros with the fastest growth tend to have a significantly lower cost of living than cities losing population. The below chart comes from the Council for Community and Economic Research which ranks 264 metros based on housing, utility, food, health care and transportation costs.

Houston Cost Of Living Comparison Graph

Source: The Greater Houston Partnership