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Economy at a Glance - April 2025

In this issue of Glance, the Partnership examines Houston's strong population growth in '24. The newsletter also summarizes benchmark revisions to last year's employment numbers.
Published on 4/17/25

POPULATION GROWTH

Metro Houston added nearly 200,000 residents in ’24, bringing its population to 7.8 million people. That’s Houston’s largest increase on record and equates to a new resident every 2.7 minutes. Last year continued a trend of brisk growth, with the region adding over one million people during the previous decade. Population in the 10-county region now exceeds that of 37 states, along with Puerto Rico and the District of Columbia.

Houston ranked second in the number of residents added in ‘24 behind New York City. It added more residents than Los Angeles, Chicago, and Dallas/Fort Worth, even though they each have larger populations.

At 2.5 percent, Houston also had the second-highest population growth rate among major metros, trailing only Orlando. It grew more than twice as quickly as the U.S. overall. While all of the top 20 largest metros recorded population increases, only Houston, Dallas/Fort Worth, Miami, and Orlando saw their populations grow at a rate above 2.0 percent.

Sources of Population Growth

Houston’s gains came from two sources—natural increase and net migration. Natural increase reflects births minus deaths in the region. Net migration includes people who moved into Houston minus those who moved out. Three-quarters of Houston’s gains came from migration and one-quarter from natural increase. The ratio has been stable over the last three years. But, over the long term, it does shift with the business cycle. Migration accounts for a larger share of growth when the region’s economy booms (as it has since the COVID-19 recovery) and a smaller share when it slows (like in ’17 and ’18).

Net Migration

Metro Houston ranked first in net migration among all U.S. metros in ’24. Each of the top 20 largest metros had positive migration in ‘24, i.e., more residents moving into them than out of them.

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Note: The geographic area referred to in this publication as “Houston,” "Houston Area” and “Metro Houston” is the ten-county Census designated metropolitan statistical area of Houston-Pasadena-The Woodlands-Sugar Land, TX. The ten counties are: Austin, Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery, San Jacinto, and Waller.

Key April Takeaways

Here are the facts to know about the Houston region this month
1
April Takeaway #1
Metro Houston added almost 200,000 residents last year to bring its population to 7.8 million.
2
April Takeaway #2
Houston was the second-fastest growing major metro, with migration driving most of the increase.
3
April Takeaway #3
The region added slightly fewer jobs last year than first reported.

Previous Issues of Economy at a Glance

MAR
2025
Houston’s GDP growth and industry diversification
Read Report
FEB
2025
Houston's Economy In ’24
Read Report
JAN
2025
'25 Employment Forecast
Read Report
DEC
2024
Economic and Demographic Differences Within the Houston Metro
Read Report
NOV
2024
Houston’s Demographics Compared to the Largest Metros
Read Report
OCT
2024
Economic, Demographic, Housing, and Social Characteristics Over Time
Read Report
SEPT
2024
The Fracking Boom and Bust, Energy Transition Investments
Read Report
AUG
2024
Hurricane Beryl, New Businesses, Demographics, and Employment Trends
Read Report
JUL
2024
Current state of Houston's economy
Read Report
JUN
2024
Population Growth, the Housing Market, and the latest Kinder Houston Area Survey
Read Report
MAY
2024
Houston’s Ties to the Global Economy
Read Report
APR
2024
Population Gains, Relocations and Expansions, Housing Affordability, and Job Growth
Read Report
MAR
2024
The pandemic’s impact on Houston
Read Report
FEB
2024
Local and U.S. economic trends
Read Report
JAN
2024
Employment Forecast Summary, Houston GDP, and Job Growth
Read Report
DEC
2023
Houston exports, employment, the business climate in Texas, and a peek into Partnership’s forecast for 2024
Read Report
NOV
2023
Houston’s population compared to other major U.S. metros
Read Report
OCT
2023
Shifts in Houston’s Demography
Read Report
SEPT
2023
The Houston Ship Channel, the outlook for business in Texas, and local employment trends
Read Report
AUG
2023
The Pivot from Recession to Resilience
Read Report
JUL
2023
Mid-Year Report
Read Report
JUN
2023
The Global Economy, Home Sales, and Construction
Read Report
MAY
2023
U.S. Economic Outlook and Houston's Energy Industry
Read Report
APR
2023
Houston's population growth and employment revisions
Read Report
MAR
2023
U.S. Recession and Houston's Key Indicators
Read Report
FEB
2023
The Year in Review
Read Report
JAN
2023
The U.S. Economy and Houston's GDP Estimates
Read Report
DEC
2022
Recovery in the Oil and Gas Industry
Read Report
NOV
2022
Metro Houston's Job Growth and the Apartment Market
Read Report
OCT
2022
Exploring Population Changes Through the ACS
Read Report
SEPT
2022
Recession? Maybe, Maybe Not
Read Report
AUG
2022
Houston at Mid-Year
Read Report
JUL
2022
The Houston Housing Market, Affordability, and Recent Shifts
Read Report
JUN
2022
Economic Recovery, Population Growth & Global Houston recap
Read Report
MAY
2022
Economic recovery, rising costs & labor force
Read Report
APR
2022
Population growth and employment data
Read Report
MAR
2022
Local Impact of a Global Event
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FEB
2022
Post-Analysis of 2021 Houston Economy
Read Report
JAN
2022
Omicron, GDP, Employment
Read Report
DEC
2021
2022 Employment Forecast
Read Report
NOV
2021
Job Gains, Real Estate, Exports
Read Report
OCT
2021
Inflation, Employment & Global Innovation
Read Report
SEP
2021
Employment, Oil & Gas, Containerized Exports, and Housing
Read Report
AUG
2021
Delta Variant, Rebounding Travel, Economic Growth and Population Gains
Read Report
JUL
2021
Energy Transition, Recovery Bottlenecks, & the Worker Shortage
Read Report
JUN
2021
Economic Recovery, Multifamily, Population & More
Read Report
May
2021
Housing Boom and Robust Recovery
Read Report
APR
2021
Pandemic Recovery, Tech Workforce
Read Report
MAR
2021
Pandemic Employment Data
Read Report
FEB
2021
Coronavirus Impact and 2021 Outlook
Read Report
JAN
2021
Racial Demographics and Population Shifts
Read Report
NOV
2020
U.S. Recovery, 2021 Outlook
Read Report
OCT
2020
U.S. Recovery, Houston Update
Read Report
SEP
2020
COVID-19 Impact on Economy
Read Report
AUG
2020
Energy Change Over Time
Read Report
JUL
2020
COVID-19 Update, Houston Unemployment
Read Report
JUN
2020
COVID-19 Update, Affected Sectors, Energy
Read Report
MAY
2020
U.S. & Texas Outlook, GDP
Read Report
APR
2020
COVID-19 Update, PMI, Industry Outlook
Read Report
MAR
2020
Economic Impact, Global Outlook, Recession Probability
Read Report
FEB
2020
U.S.-China Trade Deal, USMCA
Read Report
JAN
2020
Houston GDP, Energy, Jobs
Read Report
DEC
2019
Sector by Sector Forecast for 2020
Read Report
NOV
2019
Houston Region Demographic Update 2
Read Report
OCT
2019
Houston Region Demographic Update 1
Read Report
SEP
2019
Houston's Growth Engines
Read Report
AUG
2019
PMI, Commercial Real Estate & Housing
Read Report

More Insight & Analysis

Monthly Update: Inflation

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Monthly Update: Employment

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Monthly Update: Purchasing Managers Index

Review the latest data on this key economic indicator. 

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