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As of 2023, Texas grossed more than $440 billion a year in exports, more than double the next highest state California ($178 billion). [9] Texas is ranked as the 8th largest economy among nations of the world by nominal GDP, ahead of Canada, South Korea, Russia, and Australia. [10] In 2019, Texas had a median household income of $61,874. [11]
The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
2023 rank Metropolitan area 2023 2022 2021 2018 2017 2016 2015 2014 2013 2012 Population (2020) [4] 1: New York-Newark-Jersey City, NY-NJ-PA (Metropolitan Statistical Area)
Texas has topped the nation every year since Chief Executive began the ranking. Governor Abbott recently celebrated other record-smashing economic milestones for Texas, including:
Rank County Per capita income Median household income Median family income Population Number of households 1 Collin: $42,220 $83,889 $84,306 782,341 181,970 2 Borden: $40,916 $58,409 $60,536 641 264 3 King: $39,511 $61,563 $80,500 286 113 4 Loving: $37,362 $80,504 $94,785 134 31 5 Kendall: $36,418 $66,655 $80,801 33,410 12,617 6 Rockwall ...
The Texas economy is facing headwinds. ... it would dwarf any prior locations and rank with the attraction of MCC and Sematech in the 1980s as the most important milestones in cementing the Austin ...
Rank County Largest city State County GDP (billion 2017 US$) [1] County GDP per capita ... Texas: 402.792 84,250 4,780,913 5 Santa Clara: San Jose: California: 382.787
The state has yet to return to its pre-pandemic unemployment rate of about 3.5%, even as it leads the country in new jobs created. However, state economic experts say the unemployment rate is an ...