Foreclosures in Texas increased in 2009 over the prior year. There was a total of 100,045 properties with foreclosure filings. That works out to a rate of one filing for every 94 households, which compares to the United States average of 45, and is a little more than one percent of the state's housing units.
Texas is the 2nd largest U.S. state by population, with 24,782,302 people (in 2008). Its 268,820 square miles make it the 2nd largest state by area. Median household income in 2008 was $50,043.
The Texas economy is the nation's second largest, behind California. The Texas economy is also among the most diverse, boasting agriculture, manufacturing, energy and corporate commerce in abundance across the state. The largest employment sectors are health, education and government services, followed by retail. Texas is famous for its oil and gas industries, but the state also has a growing high-tech economy—Including an area often called the "Silicon Prairie"—and is home to dozens of internet and communications companies.
