Texas State Facts & Information

As of July 1, 2024, Texas has an estimated population of 31,290,831 people, making it the second-most populous state in the nation after California. The state added 562,941 residents since July 2023, representing a 1.83% increase. Texas has led the nation in total population growth for two consecutive years.

Greg Abbott is the current governor of Texas, serving as the state's 48th governor since January 20, 2015. A Republican, he was re-elected to a third term in November 2022, becoming only the fifth Texas governor to serve three terms. As of 2025, Abbott is the longest-serving incumbent governor in the United States, with his current term ending January 19, 2027.

Texas has the eighth-largest economy in the world when compared to nations, with a nominal GDP of $2.77 trillion in 2024, up from $2.64 trillion in 2023. The state's real GDP grew at an annual rate of 3.5% in the fourth quarter of 2024, significantly outpacing the national average of 2.4%. GDP per capita reached $69,425 in 2024, ranking 14th among all states.

Texas's population growth in 2024 was driven by two major factors: net international migration added 319,569 new residents (the most since the COVID-19 pandemic), and domestic migration brought 85,267 people from other states. Texas led the country in domestic migration, followed by North Carolina and South Carolina. The state added over 560,000 residents in 2024, nearly 100,000 more than second-place Florida.

Austin is the capital city of Texas and serves as the state's political and administrative center. Located in Central Texas, Austin is also one of the fastest-growing major cities in the United States, known for its technology sector, music scene, and cultural attractions. The Austin metropolitan area continues to be a major driver of the state's overall population and economic growth.

Texas has a highly diversified economy with strong sectors in energy, technology, healthcare, manufacturing, and agriculture. The agriculture, forestry, fishing and hunting industry showed exceptional growth, with 2024 GDP 2.2 times higher than 2014. Texas consistently leads the nation in job creation, business location and expansion projects, and innovation across diverse industries. The state's business-friendly environment and lack of state income tax continue to attract companies and workers.

Texas ranks second nationally in total population with over 31 million residents, behind only California's 39.4 million. In terms of growth rate (1.83%), Texas ranks third behind Washington D.C. (2.17%) and Florida (2.04%). Since 2020, Texas has grown over 7%, with only Idaho and Florida experiencing higher growth rates. The state is projected to reach 42.6 million by 2060 and could exceed 45 million by 2040.

The Texas economy ranks as the eighth-largest in the world when compared to nations, with a GDP of $2.77 trillion in 2024. This represents a significant climb from being the 12th-largest economy just a decade ago. If Texas were an independent country, its economy would surpass those of Canada, South Korea, Russia, and Australia. The state's continued economic expansion and population growth have solidified its position as a global economic powerhouse.