At A Glance
Texas’ state capital, Austin, consistently lands among the top performing US markets for businesses with an entrepreneurial culture. A beneficiary of California out-migration, Austin is the only place in Texas that offers hills, water and outdoor activities to residents and visitors of all ages. Packed with foodies, art aficionados and musicians alike, the city has no shortage of diverse talent, remaining a hub for global tech, film, and music creatives as host to the annual South by Southwest conference and festival. With the University of Texas as its anchor, Downtown Austin continues to see new office, retail and multifamily development.
With the growth of Amazon, Google and Apple’s upcoming second headquarters, suburban Northwest Austin is also seeing tremendous growth. Offering the opportunity to create differentiating on-site amenities with room to spread out, Northwest Austin provides a destination for decision makers who are not interested in the traffic and hassle of the central business district. Close to top universities, Austin-Bergstrom International Airport and signature Austin amenity hubs like The Domain, Northwest Austin offers a work-life balance that attract decision makers and millennials alike.
2015-2019(1): U.S. average 2.5% 5.6%
2015-2019(2): U.S. average 1.6% 3.4%
2015-2019(3): U.S. average 0.6% 2.8%
- (1) U.S. Bureau of Economic Analysis
- (2) U.S. Bureau of Labor Statistics
- (3) U.S. Census Bureau, Population Division