LLANO, TEXAS—Dr. Jack Franklin often stops for coffee on his way to his modest office in this Texas Hill Country town. With a population of about 3,300, Llano is small enough that he’s bound to bump into a patient or two from time to time. At the Fuel Coffee House, he’s even served his daily...
City and county spending has outpaced growth in population and inflation, leading to an increase in the tax burden on Texan taxpayers. Key points: Local government spending continues to outstrip increases in both population and inflation. From 2014 to 2023, local government spending rose by 61.2%, whereas population and inflation increased by only 42.7%. Elevated...
Rising housing costs are delaying marriage and childbearing by preventing young adults from forming independent households, thereby making housing affordability a central driver of declining family formation and demographic stability. Key points: Housing affordability directly shapes whether young adults can form independent households, influencing marriage, fertility, and long-term family stability. Rising housing costs and limited...