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    Who’s the Boss?

    Here's why Californians should move to Dallas if they want to be boss

    John Egan
    Oct 17, 2017 | 10:05 am
    Woman working and drawing at desk with computer
    The average self-employed worker earns slightly less than $85,000 a year in Dallas.
    Vessel Coworking/Facebook

    Have you ever wanted to be your own boss? If you're living in Big D, you already have a leg up on the competition. A new ranking puts Dallas at No. 5 among the best cities to be self-employed.

     

    To produce the list, personal financial website SmartAsset looked at six economic factors for a city: percentage of self-employed workers, average earnings for self-employed workers, median housing costs, median housing costs as a percentage of self-employed earnings, local tax burden, and unemployment rate.

     

    In Dallas’ favor is the fact that the average self-employed worker earns slightly less than $85,000 a year.

     

    “Thanks to low costs of living in Dallas, that $85,000 goes pretty far. For example, to pay for the median Dallas home, the average self-employed person would only need to spend 13.5 percent of their income,” SmartAsset says.

     

    Dallas is not the only Texas city to perform well in the SmartAsset ranking. Amarillo tops the list, followed by Lubbock at No. 2. Other Texas cities in the top 25 are Plano (No. 15), Laredo (No. 22), and Houston (No. 24).

     

    In part, SmartAsset attributes Texas’ strong showing on the list to the lack of a state income tax.

     

    Meanwhile, the SmartAsset ranking offers no love to California — which helps further explain why so many Californians are relocating to Texas.

     

    “If your dream is to open up your own business and be your own boss, you may want to avoid California,” SmartAsset says. “This state is known for high taxes, high costs of living and high housing costs. Seven of the lowest-ranked cities for self-employed workers are in California.”

     

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    Business news

    Dallas ranks No. 1 city in U.S. for corporate HQ relocations

    John Egan, InnovationMap
    Jun 20, 2025 | 2:32 pm
    Dallas skyline
    Photo by Erin Hervey on Unsplash
    Dallas' inflation has cooled off after it was last saddled with the highest inflation rate nationally in January 2024.

    More corporations are choosing to relocate their headquarters to Dallas-Fort Worth than any other place in the United States.

    A recent analysis by commercial real estate services company CBRE reveals DFW was the No. 1 metro for corporate headquarters relocations from 2018 to 2024. In those six years, the area attracted 100 new corporate headquarters.

    DFW is followed by Austin (81 relocations), Nashville (35), Houston and Phoenix (31 each), and Denver (23).

    CBRE’s list encompasses public announcements from companies across various sizes and industries about relocating their corporate headquarters within the U.S. According to the study, reasons cited by companies for moving their headquarters include:

    • Access to lower taxes
    • Availability of tax incentives
    • Proximity to key markets
    • Ability to support hybrid work

    “Corporations now view headquarters locations as strategic assets, allowing for adaptability and faster reaction to market changes,” said CBRE.

    Among the high-profile companies that moved their headquarters to the Dallas area from 2018 to 2024 are:

    • Charles Schwab financial services company
    • AECOM construction firm
    • McKesson healthcare company

    Notably, CBRE itself moved its global HQ from San Francisco to Dallas in 2020.

    In February, Yum! Brands revealed it would relocate the global fried chicken chain KFC from its current headquarters in Louisville, Kentucky to Plano. The latest relocation announcement came June 19, when California-based hair care brand John Paul Mitchell Systems said it would move its headquarters to the Dallas area.

    According to CBRE, California (particularly the San Francisco Bay and Los Angeles areas) lost the most corporate HQs in 2024, with 17 companies announcing relocations — 12 of them to Texas. Also last year, Texas gained nearly half of all state-to-state relocations.

    In March, Site Selection magazine awarded Texas its 2024 Governor’s Cup, resulting in 13 consecutive wins for the state with the most corporate relocations and expansions.

    CBRE explained that the trend of corporate HQ relocations reflects the desire of companies to seek new environments to support their goals and workforce needs.

    “Ultimately, companies are seeking to establish themselves in locations with potential for long-term success and profitability,” CBRE said.

    ---

    This story originally appeared on our sister site, InnovationMap.

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