The Lone Star State ranks 19th in the U.S. for its teaching environment. Educational First Steps/Facebook

If Texas were a student, it would earn a mediocre grade when it comes to the state's atmosphere for schoolteachers. In a new study from personal finance website WalletHub, Texas ranks 19th for its teaching environment compared with the 49 other states and the District of Columbia.

While Texas earns good marks for teacher salaries, the rest of the state's grades for teachers are below average, according to WalletHub. In all, WalletHub studied 22 metrics to come up with its report card.

Texas ranks second for the average starting salary for teachers and 13th for the average salary for teachers. However, both data points adjusted for cost of living in Texas. The state also ranked 13th for the 10-year change in teachers' salaries, WalletHub says. Texas doesn't fare nearly as well in WalletHub's other measurements, though:

  • No. 29 for pupil-teacher ratio.
  • No. 30 for teacher safety.
  • No. 32 for fewest teachers per student projected for 2026.
  • No. 36 for school quality.
  • No. 36 for per-student spending in public schools. According to the National Education Association (NEA), per-student funding in Texas is $2,300 less than the national average.
  • No. 37 for teachers' potential for income growth.

A recent survey by the Texas State Teachers Association backs up the notion that the state's teachers aren't in the same class as their counterparts in places like New York, Connecticut, Minnesota, and Illinois, which were graded by WalletHub as the best states for teachers.

For instance, the Texas survey indicates that about four of every 10 teachers expect to take jobs outside the classroom to make ends meet during the academic year. In addition, the typical teacher in the survey reported spending an average of $738 a year on school supplies out of his or her own pocket.

According to the survey, moonlighting teachers in Texas average 14.1 hours a week at their extra jobs. That's on top of the 17 hours a week they spend outside the classroom on school-related work.

The Austin-based Texas State Teachers Association, an affiliate of the NEA, says the average salary of teachers in the survey was $53,221, which is $7,300 below the national average. According to the NEA, Texas ranks 29th for teacher pay.

Noel Candelaria, president of the Texas association, pins the blame for the plight of Texas teachers on Gov. Greg Abbott, Lt. Gov. Dan Patrick, and their legislative allies. He says they've failed to properly finance public education.

"Our teachers … remain dedicated to their students' success, even if it means spending evenings and weekends at extra jobs away from their families," Candelaria says in a release. "It's time for our elected officials at the state Capitol to demonstrate the same kind of dedication to our children by providing the necessary resources."

In August, Abbott said he wants to boost pay for the state's best teachers, putting them on a path toward earning more than $100,000 a year — without a hike in property taxes.

"Teaching is a calling; it would be hard to do otherwise," Abbott said. "But I want to ensure that teaching in Texas also becomes a profession, where we are able to attract the very best and keep the very best."

"We can and we must do more to improve education in Texas," the governor said. "As we approach this next legislative session [in 2019], one of my top goals is to improve education by investing more in our teachers and students."

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This story originally appeared on CultureMap.

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23 Houston companies rank among America’s most future-ready businesses

future focused

By one measure, Spring-based tech giant Hewlett Packard Enterprises reigns as the most future-ready Houston-area company on the S&P 500 stock index.

HPE sits at No. 72 in a first-time ranking of the best S&P 500 companies for the future. Including HPE, 23 Houston-area companies appear on the list.

Published by The Wall Street Journal, the ranking was created by Bendable Labs for the WSJ Leadership Institute. It evaluates how S&P 500 companies stack up in six areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. To be ranked, a company had to be part of the S&P 500 as of Dec. 31.

Among the six categories, HPE ranked highest for innovation (No. 30) among local companies. The WSJ didn’t say why HPE scored so well for innovation. However, the company stands out in this category thanks to:

  • Creation of the El Capitan and Frontier supercomputing systems
  • Research into photonic computing and quantum networking
  • Last year’s $14 billion acquisition of Juniper Networks, giving HPE an edge in AI-native networking
  • Establishment of the everything-as-a-service GreenLake hybrid cloud platform for data centers, colocation facilities and edge computing environments

In an interview with the Six Five podcast at HPE Discover 2025 in Las Vegas, CEO Antonio Neri said the company’s strategy is “basically founded on innovation, and that innovation drives shareholder value over the long term.”

While HPE fared well in the innovation category, it ranked toward the bottom for financial fitness. What’s behind the No. 430 ranking in the financial category? HPE’s low score likely reflects a debt-heavy acquisition strategy coupled with a historically low-margin hardware business.

Here’s the full list of the 23 Houston-area companies included in the ranking of the best companies for the future:

  • No. 72 Hewlett Packard Enterprise
  • No. 105 SLB
  • No. 120 Baker Hughes
  • No. 125 ConocoPhillips
  • No. 158 NRG Energy
  • No. 176 Targa Resources
  • No. 185 Chevron
  • No. 195 Halliburton
  • No. 223 Coterra Energy
  • No. 229 Waste Management
  • No. 235 Exxon Mobil
  • No. 250 Kinder Morgan
  • No. 257 Quanta Services
  • No. 276 CenterPoint Energy
  • No. 285 Sysco
  • No. 313 Occidental Petroleum
  • No. 318 Camden Property Trust
  • No. 333 EOG Resources
  • No. 365 LyondellBasell Industries
  • No. 373 Comfort Systems USA
  • No. 401 Crown Castle
  • No. 408 Phillips 66
  • No. 500 APA

Uber, Nuro and Lucid plan to roll out robotaxi services in Houston

autonomous autos

More autonomous vehicles are expected to hit the roads in Houston next year.

Ridesharing giant Uber announced that it plans to roll out its premium robotaxi service in the Bayou City in mid-2027. Houston will be Uber’s second planned market for the program, following the San Francisco Bay Area, where the program is expected to be rolled out later this year.

Uber, Nuro and Lucid Group will bring the robotaxi program to Houston with more markets planned for the future. Currently, Nuro is conducting autonomous on-road testing with safety operators in Houston. Testing includes simulation, closed-course testing and supervised public-road testing.

“Houston is a city Nuro knows well, and we’re excited to help bring this robotaxi service to the city through our partnership with Uber and Lucid,” Andrew Chapin, chief operating officer at Nuro, said in a news release. “Houston’s large, complex metro area is an ideal market for demonstrating how Nuro’s universal autonomy platform can generalize across different geographies and operating environments. We look forward to continued engagement with the community as we prepare to launch service in 2027.”

The fleet of 100 vehicles across California and Texas will feature Lucid Gravity EVs and future Lucid Midsize vehicles equipped with Nuro Driver technology, Nuro’s Level 4 universal autonomy platform, plus a redundant sensor suite with cameras, lidar, radar and a roof-mounted halo.

The vehicles will be owned and operated by Uber and its fleet partners and made available to riders through the Uber network, according to the company.

In addition to the fleet of autonomous vehicles, Uber also announced that it has secured a 50,000-square-foot depot facility and dedicated charging pitstop in Houston. The facility will allow Uber and its partners to control vehicle maintenance, repairs, charging, cleaning, and day-to-day operations.

“Houston marks an important next step in our partnership with Lucid and Nuro as we expand autonomous mobility to more riders throughout the world,” Sarfraz Maredia, global head of autonomous mobility & delivery at Uber, added in the release. “Together, we’re combining best-in-class vehicle and autonomy technology with Uber’s scale, fleet operations expertise, and infrastructure capabilities to build a service that can grow across dozens of markets in the years ahead.”

Waymo launched its autonomous vehicle program in Houston in February.

The company later suspended its driverless car services in Houston, other major Texas cities, and Atlanta, after one of its vehicles was stranded by flooding during heavy rains. However, according to the Houston Chronicle, the fleet has resumed activity in Houston and is fully active.

Houston fintech company closes $7M funding round

fintech funding

Houston-based fintech company Receipts Depositary Corporation has closed a $7 million oversubscribed funding round and plans to scale.

The round was led by Austin-based LiveOak Ventures, with participation from Hivemind Capital, Onigiri Capital, OTC Markets Group, GTS, and Redbeard Ventures, according to a release from RDC.

RDC's platform issues depositary receipts (DRs) to qualified investors on digital and alternative assets, making it easier for investors to buy and trade hard-to-access and less traditional assets. Currently, the company offers DRs for cryptocurrencies including Bitcoin, Ethereum, Solana and XRP.

RDC says the new funding will allow it to launch new DR products across a wider range of asset categories, potentially including commodities. Additionally, it plans to grow its relationships with "banks, broker-dealers, market makers, custodians and exchange partners" and add to its product, operations, technology, and commercial functions teams. The company is actively hiring, according to a press release.

“Depositary Receipts are trusted, regulated capital markets products which RDC is bringing to an entirely new universe of assets, from commodities to digital assets, that have historically been out of reach of traditional securities markets," Krishna Srinivasan, founding partner at LiveOak Ventures, said the release. “The team's depth of experience in the DR business on a global scale, combined with the broad institutional validation from co-investors, anchor customers, and strategic partners across asset classes, makes RDC uniquely positioned to define this category. We're proud to lead this round and support the company as it scales.”

RDC was founded in 2022 by three Citibank alumni: CEO Ankit Mehta, CEO Bryant Kim and COO Ishaan Narain. It began offering its first DRs for Bitcoin in 2024.

“This funding round is a strong validation of what we’re building at RDC and the growing demand for modernized Depositary Receipt infrastructure,” Mehta added in the release. “With the support of LiveOak Ventures and our investor partners, we are accelerating development across our DR platform expanding our market reach, and building the team needed to support the next generation of DR product