Spanning most of Harris County, including several unincorporated areas, the Houston metro area is home to an estimated 2,239,558 residents according to data from the 2014 US Census. This is an increase of close to 200,000 residents since 2010, which is good economic news for the Bayou City after suffering several financial setbacks in recent years.
The city has a diverse population, which is helping to entice new residents to the area, along with a sudden growth in available jobs.
An estimated 25 percent of the Houston population is Caucasian, while 43 percent is comprised of Hispanics. African Americans make up an additional 23 percent, and there is also a strong Middle Eastern and Asian presence in the city. An estimated 792,763 residents own their own homes, and over 68 percent of the city’s population is gainfully employed.
Even though over half of the city’s population is employed, Houston still made the list for “financially irresponsible cities”. Coming in at number 9, the city has an average credit score of 651 and debt of $30,643. These numbers not only indicate that Houstonians are still not financially stable, it also helps to explain why there are so many Buy Here Pay Here lots in the city.