The 4 Best Cities in Texas For Business
Texas boasts 3 of the 10 largest cities in the U.S., many of which are rapidly becoming home to leading corporations thanks to the state's thriving business environment. Economic growth, business and living costs, education levels, and culture are a handful of reasons why a number of Texas cities have ranked highly in Forbes '“Best Places for Business and Careers” list.
If you think this state could be part of your business expansion journey, let's explore some of the best cities in Texas for business to see which could be the best fit for you.
1. Austin
Did you know that multinational employers like Amazon, Apple and Oracle call Austin home? Austin continues to climb the ranks as a popular destination for tech companies to do business. The city’s investment in local talent and development make it one of the top spots for ambitious businesses seeking to heighten operations.
Austin, Texas consistently lands on the “Best Of” list and it’s easy to understand why. The city is located in the heart of the “Texas Triangle”, an economic powerhouse throughout the state. This prime location provides Austin-based businesses access to what the city has to offer, as well as access to intermingle with other major businesses, industries and professionals.
Additionally, Austin is known for its business-friendly climate that’s designed to welcome companies into a fair, but competitive market. In fact, $1.9 billion dollars was invested in startups in 2019, so it’s not a surprise Austin is recognized in the top 25 high growth U.S. cities, which are predicted to account for approximately 60 percent of net job growth by 2030.
2. Dallas
Dallas is often dubbed the 'financial hub of Texas', so it makes sense that the city offers a wide range of comprehensive incentives to help any sized company reach its full potential. Some of Dallas’ incentives for businesses include job training, tax exemptions, renewable energy incentives, and various programs designed to stimulate the economy, making it a great city to do business in.
Let's face it, your location puts you on the map as a business. In a fast-paced business world, you need to be within easy reach to reliable transportation routes for important meetings, and to attract top talent. Dallas, is one of the best cities to do business in Texas due to its central location. The city is well connected to interstate highways and within close proximity to DFW International Aiport, connecting businesses nationally and internationally.
3. San Antonio
Named as one of the next “boom towns” in the U.S. by Forbes, San Antonio offers a rich heritage with a small-town feel. South centrally located in Texas, the city is the 7th largest city in the United States and the 2nd largest city in Texas.
The city provides a steady stream of skilled talent with over 30 higher education institutions, which cater to upwards of 100,000 students. This provides businesses with greater selection when hiring talent.
San Antonio’s central North American presence makes it a prime destination for business expansion, relocation, or startups. The city is within close proximity to Mexico and is accessible to both the east and west coasts.
San Antonio prides itself on being one of the most affordable urban cities in Texas. The average home price is $188,000.00, 34 percent below the national average. The cost of living is 10 percent below the national average. These factors shape San Antonio into a city that offers businesses and their employees a thriving economic market to work and live in.
4. Houston
Home to 22 Fortune 500 headquarters, Houston could be the city for you if you want to network with and learn from some of the brightest businesses in the U.S.
When compared to popular U.S. cities, the overall cost of living is below average, making it an excellent city for business operations, not only to slash operation costs but to recruit and retain top talent who are exposed to a greater quality of life with more disposable income.
Houston benefits from a world-class infrastructure and transportation system, an educated workforce, and a pro-business environment that stimulates business growth.
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