Skip navigation
Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts

Texas

Statewide Economic Snapshot


The Texas Comptroller’s office divides the state’s 268,000 square miles into 12 economic regions, each with at least one Census-defined metropolitan statistical area (MSA), urban areas with relatively high populations and close economic integration.

Glenn Hegar Texas Comptroller of Public Accounts

 
 

This analysis predates the COVID-19 crisis and the economic impacts that followed. It is offered as an overview of the statewide economy and a resource for comparative purposes.

Top 10 Industries by Location Quotient

  1. Oil and Gas Extraction
  2. Support Activities for Mining
  3. Pipeline Transportation
  4. Petroleum and Coal Products Manufacturing
  5. Heavy and Civil Engineering Construction
  6. Space Research and Technology
  7. Leather and Allied Product Manufacturing
  8. Air Transportation
  9. Museums, Historical Sites and Similar Institutions
  10. Support Activities for Transportation

Population Growth

TEXAS AND U.S., 2010 to 2019

Texas
15.3%


U.S.
5.5%

Source: U.S. Census Bureau

In 2019, Texas had an estimated population of 29 million, more than half of it concentrated in the Dallas-Fort Worth-Arlington MSA (26 percent) and Houston-The Woodlands-Sugarland MSA (24.1 percent). From 2010 to 2019, the state’s population rose more than twice as fast as the nation’s, at 15.3 percent vs. 6.3 percent.

Education

Average Annual Earnings by Educational Attainment, Texas

Average Annual Earnings by Educational Attainment, Texas, Fiscal 2019
Educational Attainment Average Annual Earnings
Less than high school $42,808
High school or equivalent, no college $52,035
Some college or associate degree $60,428
Bachelor’s degree or advanced degree $95,716

Sources: U.S. Census Bureau and JobsEQ

Texas workers with some college or associate degrees and stable jobs earned an average of $8,393 more annually than those with a high school degree, while those with at least a bachelor’s degree earned an average of $43,681 more.


Jobs & Wages


In 2019, more than 12.5 million persons were employed in Texas. From 2009 to 2019, the state’s job count rose by 22.3 percent, substantially outperforming national job growth.

Texas’ most significant occupations are shown below, sorted by numerical growth during the last five years

Employment growth, Texas vs. U.S.,
2009 to 2019

Note: Figures include private and public sector employees with the exception of active-duty military personnel, railroad employees, religious institution employees and the self-employed.

Sources: JobsEQ and U.S. Bureau of Labor Statistics

Top Occupations in Texas by Numeric Growth, 2014-2019

Texas Employment Growth 2014 to 2019
Occupation 2019 Employment Average Annual Wages, 2018
Personal Care and Service Workers (Other) 315,623 $22,300
Animal Care and Service Workers 18,324 $24,200
Sales Representatives, Services 205,744 $65,700
Supervisors of Personal Care and Service Workers 15,072 $42,800
Mathematical Science Occupations 14,417 $85,700

Note: Data are as of Q4 2019 except wage data,
which are for covered employment in 2018.
Source: JobsEQ

State Economy

In 2019, taxable sales directly attributable to businesses in the state exceeded $556.7 billion.

Revenue Subject To Sales Tax, Texas

Revenue Subject to Texas Sales Tax
Year Texas Revenue
2007 330.3 billion dollars
2008 349.7 billion dollars
2009 315.4 billion dollars
2010 326.1 billion dollars
2011 361.9 billion dollars
2012 398.6 billion dollars
2013 421.8 billion dollars
2014 456.2 billion dollars
2015 457.9 billion dollars
2016 453.6 billion dollars
2017 483.1 billion dollars
2018 526.2 billion dollars
2019 556.7 billion dollars
Total 4.88 trillion dollars

Source: Texas Comptroller of Public Accounts


Summary

Each of Texas’ 12 economic regions features dominant industries unique to each, contributing to an economic diversity that helped the state navigate previous economic downturns.

The Texas economy has seen consistent growth in the last decade. The military and its supporting industries have had a positive impact on all of the state’s economic regions. Businesses supporting energy extraction and transportation are highly concentrated in Texas, making its economy unique among states.

View a complete list of the Comptroller’s 12 Economic regions, plus more in-depth county-by-county data.

Glenn Hegar

Texas Comptroller of Public Accounts


Questions?

If you have any questions or concerns regarding the material on this page, please contact the Comptroller’s Data Analysis and Transparency Division.