San Antonio MSA

San Antonio MSA leads Texas in migration concentration, with 70.5% of new households arriving from just three states—Texas, California, and Florida. This level of concentration is unmatched in the state, reflecting a deeply synchronized migration pattern that drives targeted demand and strengthens local market stability. The data comes from ALEX Intelligence’s proprietary analysis of IRS county-to-county inflows, 2022–23: https://alex-companies.com/data/2026-11-06-sa-msa-mig-state-top3. How does this concentration affect your investment or development strategy? What does it mean for long-term affordability in San Antonio? Let’s discuss. Share of Arriving Households From the Top Three States, 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: Larry D. Moore (CC BY 4.0) https://commons.wikimedia.org/?curid=197230948; Slide 2: Travis K. Witt (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=82172097; Slide 3: Larry D. Moore (CC BY 4.0) https://commons.wikimedia.org/?curid=77194944; Slide 4: USDAgov (Public domain) https://commons.wikimedia.org/?curid=184881693 Source: https://alex-companies.com/data/2026-11-06-sa-msa-mig-state-top3 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