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#28

Texas

β€œThe Lone Star State”

Admitted: December 29, 1845
Capital: Austin
30.5M people
$2355.8B GDP

What Makes Texas Beautiful

Texas is a world unto itself, spanning from the otherworldly desert canyons of Big Bend to the Gulf Coast's barrier islands, from the Hill Country's spring-fed rivers and wildflower meadows to the vast Chihuahuan Desert and the piney woods of East Texas. Palo Duro Canyon glows crimson at sunset in the Panhandle, rivaling the Grand Canyon in scale.

Big Bend National ParkPalo Duro CanyonHamilton PoolGuadalupe MountainsPadre Island

Key Metrics

30.5M

Population

$2355.8B

GDP

+8.8%

GDP Growth (5yr)

$73.0K

Median Income

8.2%

Tax Burden

History

1836

Battle of the Alamo; Texas declares independence from Mexico

1845

Admitted as the 28th state

1901

Spindletop oil gusher launches the Texas oil boom

1963

President John F. Kennedy assassinated in Dallas

1969

Houston's Mission Control guides Apollo 11 Moon landing

2003

SpaceX founded in Texas, beginning the commercial space era

Top Cities

#1

Houston

2.3M

Largest Texas city; energy capital; NASA Mission Control

#2

San Antonio

1.6M

The Alamo; military hub; Riverwalk

#3

Dallas

1.3M

Finance and telecom hub; Cowboys and culture

#4

Austin

980K

State capital; Live Music Capital; tech boom

#5

Fort Worth

960K

Cowtown; Stockyards; cultural district

Economy & Industry

Core Industries

Oil & GasTechnologyAerospaceAgricultureMilitaryHealthcare

Natural Resources

PetroleumNatural GasSulfurSalt

Energy Portfolio

Natural Gas
42%
Nuclear
8%
Coal
8%
Wind
28%
Solar
10%
Other Renew.
4%

Budget & Fiscal Health

$148.5B

State Budget

$142.8B

State Revenue

$-5.7B

Fiscal Balance

Social Indicators

13.4%

Poverty Rate

31.3%

College Degree

16.6%

Uninsured

412/100K

Crime Rate

Where is Texas Headed?

GDP Projections ($B)

Scenario1yr5yr10yr25yr50yr
Optimistic$2410B$2638B$2954B$4147B$7301B
Baseline$2397B$2571B$2805B$3644B$5636B
Pessimistic$2381B$2483B$2617B$3063B$3983B

Political Landscape

D
R

R+6

Data timestamp: 2025-Q1 Β· Sources: U.S. Census Bureau, BEA, EIA, FBI UCR