Buying Property in
Houston, Texas – USA

Houston is the fourth-largest city in the U.S. and the largest city in the state of Texas. In 2011, the estimated population of Houston is around 2.1 million people according to the U.S. Census Bureau. Houston is the seat of Harris County and the economic centre of Houston-Sugar Land-Baytown, the fifth-largest metropolitan area in the U.S. with a population of over 6 million people. (Source: Wikipedia on Houston).

Houston experienced rapid growth in its population during the 20th century due to the expanding of its port and railroad industry, combined with oil discovery in 1901. However, since then, the city has diversified and is now home of the Texas Medical Center – the world’s largest concentration of healthcare and research institutions as well as NASA’s Johnson Space Center, where the Mission Control Center is located. (Source: Wikipedia on Houston).

Rated as a global city, Houston’s economy has a broad industrial base in energy, manufacturing, aeronautics, and transportation. It is also leading in health care sectors and building oilfield equipment. New York City is the only city to have more Fortune 500 headquarters. (Source: Wikipedia on Houston).

The city has a population from various ethnic and religious backgrounds and a large and growing international community. It is home to many cultural institutions and exhibits, which attracts more than 7 million visitors a year to the Museum District. (Source: Wikipedia on Houston).

Houston has long been touted as a great place to live, work and play. In 2008, Kiplinger’s ranked the city Houston #1 of the 10 Best Cities for Your Future. It’s currently at, or near the top for job growth in the U.S and the cost of living is well below the national average.

• Population: 2,145,146 (+9.8% since 2000)
• Median Income: $42,945 (+17.3% since 2000)
• Median Home Price: $128,000 (+65.2% since 2000)
• Median Rent: $809