Texas has experienced immense economic growth over the past five years, with an average annualized Gross Domestic Product (GDP) rate of 2.2 percent and a 31 percent increase in the number of people employed since 1990. This success can largely be attributed to its steady influx of immigrants from around the world, who come looking for better opportunities or simply seeking a place to call home.
Immigration: The Lifeblood of the Texas Economy
Immigrants have proven to be the lifeblood of the Texas economy, providing much-needed human capital for businesses to grow and thrive. Without immigration, Texas would not have become such an overachiever on the national scale. Today, close to thirty million people comprise this state’s population; they represent many cultures, languages, races, and ethnicities that form some of the most diverse cities in America according to U.S. Census Bureau data. By embracing newcomers and recognizing their potential, we can ensure continued prosperity throughout Texas.
Exploring the Impact of Immigration on Cultural & Economic Growth
The Lone Star State is renowned for its wealth of cultural backgrounds – more than 164 languages are spoken throughout Texas! With 35 percent of Texans speaking a language other than English at home, it’s clear that immigration plays a key role in driving business expansion and stimulating further immigration into the state. But how has diversity and immigration driven economic growth, entrepreneurial spirit, business success and further immigration throughout Texas?
Let’s take a look at some major cities across the state to get a better idea. So how has diversity and immigration driven economic growth, entrepreneurial spirit, business success and further immigration throughout Texas?
How Immigration Has Fueled Cultural and Economic Growth Across Diverse Cities
Texas is renowned for its immense diversity, with more than 164 languages spoken throughout the state and 35 percent of Texans speaking a language other than English at home. Over the past four decades, the US has seen a dramatic increase in its Hispanic/Latino, African, and Asian populations – and no state is feeling the effects quite like Texas!
The Lone Star State is an increasingly attractive destination for immigrants searching for greater economic opportunities or a place to call home, from the bustling city of Houston to the coastal town of Corpus Christi. El Paso, Dallas, and Grand Prairie are just some of the most diverse cities in the United States. Here we describe each of these cities and their level of diversity.
Explore Irving: A Melting Pot at Its Finest
Located 14 miles northwest of Dallas, Irving is one of the most diverse urban areas in the United States. Major corporations such as ExxonMobil and Kimberly-Clark have made Irving their home. According to Finder®, Irving is the second most diverse city in the US; Niche rates it twelfth, with 26 percent Asian, 25 percent Black, 23 percent Hispanic and 23 percent White making up its racial makeup respectively. The Broadmoor Hills/Song area exhibits minority majority status and is recognized as the most diverse neighborhood in America!
Discover Arlington: Global Citizens Unite
Arlington is a vibrant and diverse city that has something for everyone. It’s home to more than 365,000 people, making it the 11th largest city in the US, as well as two professional sports teams – the Dallas Cowboys and Texas Rangers. Arlington boasts an impressive diversity rating of 38.5 percent white (non-Hispanic), 22.4 percent Black or African American (non-Hispanic), 17.6 percent White (Hispanic), 7.4 percent Other (Hispanic) and 6.57 percent Asian (Non-Hispanic). Whether you’re looking for exciting nightlife, quality education or plenty of leisure activities, Arlington is the perfect place to call home!
Corpus Christi: An Immigrant Haven on the Rise
Corpus Christi is an increasingly diverse city with a booming economic and cultural landscape. According to Wallethub, it is America’s 8th most diverse city due largely to its large population of African American and Hispanic/Latino citizens, making up an impressive 40% of the city’s population. This is a result of the migration of Mexican nationals over the past two decades, which has had a majorly positive impact on Corpus Christi.
Laredo: A Welcoming Home Away from Home
Laredo is one of the most diverse cities in America, boasting an estimated population of 255,949 and a unique cultural mix. 88% of the city’s inhabitants are Latinos who have migrated from Mexico, 5% are African Americans, 4% are Whites, and 3% are Asians. This small border town has earned its spot among Niche’s top twenty most diverse cities across America today!
Houston: An Immigrant Hub for Entrepreneurs Alike
Houston has been named WalletHub’s Most Diverse City two years in a row, and it is no surprise! There are more than 145 languages spoken in Houston and 43% of Houston’s residents speak a language other than English at home. Immigrant entrepreneurs have achieved remarkable success in real estate, energy, retail manufacturing and restaurants, whether it be by investing in franchises or launching new businesses. This exemplary entrepreneurship proves why Houston stands out as the most diverse city.
Immigrants: Driving Entrepreneurial Success, business competitiveness and economic growth
When discussing the economic success of Texas, experts may highlight a strong and diverse economy, a booming fracking industry, export opportunities, a favorable business climate, and low taxes. Yet without people who are willing to fill needed roles, no progress can be made. As example, migration channels skilled workers into areas where labor is scarce while also stimulating new business formation and expansion. This leads to business investment and job creation, an outcome that could not be achieved without immigrants.
The invaluable impact of immigrants on the economic success of a country is indisputable. According to a study conducted by the Massachusetts Institute of Technology, immigrants are 80 percent more likely to start their own business than native-born citizens. Iconic entrepreneurs such as Tesla and SpaceX founder Elon Musk, who immigrated from South Africa, exemplify this phenomenon.
Additionally, Dallas-Fort Worth ranked #2 in the Best Places for Asian American Entrepreneurs–2022 – 16 percent of new businesses were started by Asian-owned businesses with a 79 percent survival rate among startups in the region. It is clear, immigrants are crucial to the success and growth of businesses of all sizes; thus, it is no surprise that many places today are beginning to recognize this undeniable fact.
Immigrants are also needed to sustain the state’s economic growth. Immigration pulls workers to areas where labor is needed. Specifically, migrants boost population and labor force growth, bring skills that employers demand, and resolve labor market bottlenecks. In so doing, immigration spurs business formation and expansion, leading to business investment and faster job creation.
The evidence is clear: immigration is a powerful force in the Texas economy and should not be overlooked. What really makes Texas stand out is its low out-migration rate compared to the rest of the country. This lack of people leaving drives the state’s net migration rate higher than any other state, making immigration a key factor in driving economic growth!
As more migrants make their way into Texas from around the globe, creating even greater levels of cultural richness, they bring with them an entrepreneurial spirit like no other. As these immigrant entrepreneurs continue to drive economic growth throughout Texas, there is no denying that diversity plays an integral role in this ongoing success story.
With this unique blend of cultures comes a need for professional translators that specialize in services such as Spanish-to-English translation throughout Texas. In cities like Dallas or Houston, there are countless opportunities for professional translators seeking work – whether it’s translating legal documents or medical records – making them essential for any thriving business environment.