People are flooding to Midland and Odessa as their economies are reaping the benefits from the oil boom. As Chicago loses residents, the Permian Basin is gaining them. Both Texas cities were among the fastest growing metros last year according to Census data recently released. More people are moving into the Permian Basin than are moving out. And of these two metros, Midland was the one that is able to boast the highest growth of all U.S. metros. Midland gained a population of 4.2 percent and Odessa saw a 3.2 percent population increase. Between 2010 and 2018 Midland’s population grew nearly 26 percent.
The Permian Basin
So, why should you consider relocating to Midland from Chicago? Midland and Odessa share the benefits of the Permian Basin. It’s a 75,000 square mile area that contains rich petroleum and natural gas deposits. Workers from all over the United States are relocating to Midland and Odessa as production of gas and oil boosts the economy and raised salaries. This is an ongoing trend, because Midland has ranked among the top fastest growing cities in the nation for years according to Chicago Business. As Chicago’s economy presents less and less opportunity, Midland offers financial improvements. Skipping out on the recent polar vortexes during the harsh Chicago winters in favor of the warmth of the Permian Basin is just an added bonus for people relocating to Midland from Chicago.
If you feel overwhelmed with the thought of relocating to Midland, give us a call. Finding a job that pays well won’t be an issue for you. Finding a home in this booming area will be the biggest challenge. We are experts in Midland. Give us a call. We bet you’ll be relieved to find that the people here are not only warmer from the weather, but warmer in general. You’ll feel like Midland has been your home for years!
Are You Buying a Home in Midland?
The Underwood Group is a team of top real estate professionals in Midland. We know Midland real estate, so if you’re thinking about buying with this kind of market, you’ll absolutely need our expertise. Call our team of Midland real estate agents at 432-698-0411 today.
If you’re looking for a new home, search by school district or search Midland real estate listings by price:
- Midland homes for sale between $150,000 and $200,000
- Midland homes for sale between $200,000 and $225,000
- Midland homes for sale between $225,000 and $300,000
- Midland homes for sale between $300,000 and $400,000
- Midland homes for sale between $400,000 and $500,000
- Midland homes for sale between $500,000 and $750,000
- Midland homes for sale between $750,000 and $1 million
- Midland homes for sale over $1 million
Hoping To Sell A Home In Midland?
It won’t be hard to sell your Midland home, but when you choose to list your house with us, our experience can help ensure that you get the highest return on your investment! Plus, Midland 1st Choice Real Estate offers a Free Market Analysis to clients. This free analysis provides our clients with the best comparative value by looking at similarly featured home recently listed and sold.
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