Until 2020, the leading American states were New York and California. The first became the center of development of the United States back in the 19th century, and the economy of the second is still the fifth largest in the world, overtaking France, Great Britain and Russia. By 2021, the population in California began to decline: people began to move away, and most of them settled in the south. Americans have expressed a desire to move from Los Angeles, San Francisco and New York to the fast-growing cities of Florida, Tennessee and Texas. Why did this happen?
photo: antimafia.se
Because it was in the southern United States that high wages, low unemployment rates and an affordable cost of living were recorded. For example, the average salary in Texas is $4,894, and in California — $5,529, but it is increasingly difficult to afford it to buy a good home, because real estate prices in the state are unimaginable. In turn, Texas is actively developing, while housing prices are still low. If the trend continues, cultural and economic centers will shift from Los Angeles, New York and San Francisco.
In addition to the prosperity of Texas cities, Miami is predicted to boom in life due to its growing financial industry and proximity to Latin America. Florida, South Carolina and Texas topped the list of fastest-growing regions in 2021-2022, and the trend is still going strong. Houston is famous for its energy economy, Dallas for its global giant companies. Nashville has become a center for technology and healthcare, and Miami is home to the headquarters of over 1,100 multinational companies.
photo: travelandleisure.com
Back in 2018 Golden State status belonged to California. For decades, this state has been the best place to live in the United States. It has everything from Silicon Valley and the oil industry to vineyards and famous universities like Stanford and Berkeley. And also film studios and biotechnology. California also boasts incredible nature: national parks, ocean, deserts and snowy mountains. But trends are changing. In just 20 years, Texas will become the cultural and economic center of America, overtaking California in population and GDP. And Florida will take an honorable second place.
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