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Economy at a Glance - December 2024

In this issue of Glance, the Partnership examines the economic and demographic differences between the 10 counties which comprise the Houston metro area.
Published on 12/3/24

THE SUM OF THE PARTS

In the October issue of Houston: The Economy at a Glance, the Partnership analyzed data from the U.S. Census Bureau’s American Community Survey (ACS) to show how the region’s economic and demographic profile has shifted over the past 10 years. In a nutshell, Houston is older, better educated, and more ethnically diverse. However, a substantial share of the population still lacks health insurance and lives in poverty.

In the November issue, the Partnership reviewed how Houston compared to the nation’s other major metros. Metro Houston has one of the youngest and most di-verse populations in the U.S. The region also has one of the nation’s largest foreign-born populations. We’re in the middle of the pack for home ownership, but not surprisingly we lag our peers in educational attainment and health care coverage. Houston also has the highest share of families whose income falls below the poverty line. 

In this issue of Glance, the Partnership examines the economic and demographic differences between the 10 counties which comprise the Houston metro area. 

Race and Ethnicity

Though Houston is the nation’s most ethnically diverse metro, the groups are distributed unevenly in the region. Harris and Liberty Counties have disproportionally large Hispanic populations. White residents still comprise a majority in Austin, Chambers, Galveston, Montgomery, and San Jacinto Counties. The region’s Asian population is concentrated in Fort Bend and Harris Counties. And few Black residents live in Austin, Chambers, Liberty, and Montgomery Counties. 

Foreign-Born Population

One in four Houstonians is foreign-born, compared to one in seven nationally. However, 86.4 percent of metro Houston’s foreign-born population is concentrated in two counties—Fort Bend and Harris.

With such a large share of Houston’s population born outside the U.S., it’s not surprising that a language other than English is often the primary language spoken at home. The most common language is Spanish, followed by other Indo-European languages, with Asian and Pacific Islander languages third. 

Age

The median age in Houston was 35.7 years in ’23, which means half of all residents were younger and half older. The median age for the nation was 39.2. Locally, Waller had the youngest population, presumably because the county is home to Prairie View A&M University and thus has a large student population. San Jacinto had the oldest population, likely due to the lack of inmigration to the county and the large number of retirees living there.

As reported in the October issue of Glance, the population over the age of 65 is the fastest-growing cohort in metro Houston, adding some 354,000 residents over the past 10 years. “Seniors” now comprise one in every eight Houston residents. Their share of the population tends to be larger in the suburban counties.

 

To continue reading, download this report.

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 December Takeaways

Here are the facts to know about the Houston region this month
1
December Takeaway #1
Though Houston is the nation’s most ethnically diverse metro, the groups are distributed unevenly in the region.
2
December Takeaway #2
Houston’s foreign-born population is concentrated in two counties—Fort Bend and Harris.
3
December Takeaway #3
Three in every five Houstonians own the home they live in.

Want to learn more? Contact our Research Team:

Patrick Jankowski, CERP
Senior Vice President, Research
713-844-3616

Previous Issues of Economy at a Glance

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