comptroller seal Texas Comptroller of Public Accounts

FOR IMMEDIATE RELEASE

June 16, 2015

Comptroller's Office Announces Launch of Web-based Scorecard Comparing Texas to Other States in Key Areas

(AUSTIN) - The state of Texas leads the nation in new residents and has one of the nation's best business climates, according to a newly developed 50-State Scorecard launched today by the Comptroller's office.

Texas also scored well in cost of living, growth in average wages, and per-capita state debt according to the web tool, which uses data from a variety of sources to score each state in four key categories: business and opportunity; economic indicators; population and demographics; and tax and debt.

"The 50-State Scorecard allows Texans to quickly compare Texas to other states," Comptroller Glenn Hegar said. "We're proud of where we score high, but these issues involving the economy, taxes, debt, and personal wages are more than just bragging rights - they have critical implications for our future."

Hegar said the scorecard takes a balanced look at Texas and paints a mostly positive picture, but added there are still challenges the state needs to address. For example, the scorecard shows Texas has some of the nation's highest local debt; has a population in which 10 percent of households have no bank account; and has the second-highest percentage of residents above the age of 25 who lack a high school diploma.

To see where Texas ranks visit our online scorecard tool and click on the map for in-depth descriptions, key takeaways and additional data for each ranking. You can also download a one-page infographic summarizing the scorecard.

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