San Antonio MSA

Texas is the top source of inbound migration to the San Antonio MSA, accounting for 57.2% of new households in 2022–23—more than any other state. This isn’t a national trend; it’s a regional one. The San Antonio MSA is not just attracting people from across the U.S.—it’s drawing them from within Texas at a level that’s reshaping the market’s growth engine. This data comes directly from ALEX Intelligence’s proprietary analysis of IRS migration flows: https://alex-companies.com/data/2026-10-18-sa-msa-mig-state-leader. What does this mean for long-term real estate strategy in the MSA? Is the market becoming a self-sustaining hub of internal mobility? Let’s discuss. Share of Arriving Households From One State, top 10 (ALEX Intelligence — U.S. Internal Revenue Service 2023) #1 Texas — 22,575 #2 California — 3,527 #3 Florida — 1,695 #4 Colorado — 870 #5 Washington — 807 #6 Arizona — 779 #7 Virginia — 735 #8 New York — 603 #9 Illinois — 571 #10 Maryland — 563 Photos via Wikimedia Commons: Slide 1: organic_veggie (CC BY-SA 3.0) https://commons.wikimedia.org/?curid=56040116; Slide 2: organic_veggie (CC BY-SA 3.0) https://commons.wikimedia.org/?curid=56039579; Slide 3: Vincent Lorentz (CC BY 3.0) https://commons.wikimedia.org/?curid=73809971; Slide 4: Wkstormwater (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=149538531 Source: https://alex-companies.com/data/2026-10-18-sa-msa-mig-state-leader View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator. Diane Hart Alexander, MBA, MHA Chair & CEO, ALEX Companies Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574877-B · Broker License #565194-BB [email protected] · +1 713.591.9902