Austin Population Growth
Austin has been welcoming people from all the other major urban centers in Texas, with even more coming from Florida, New York, Ohio, Michigan, Colorado, California, and Washington. They're drawn to Austin for many reasons, but economic opportunity and affordable living top the list. In fact, according to the Census Bureau’s annual population estimate program, between July 2013 and July 2014 there are approximately 157 new residents per day.
Job Growth & Low Unemployment – According to the Greater Austin Chamber of Commerce’s Central Texas Economy in Perspective report for October 20th, 2015: Austin added 29,300 new jobs, or 3.2% in the 15 months ending in September
- The number of unemployed in Austin has declined by 15,073 or 26.2% in the last 15 months
- Ranked #1 best city in America for startup businesses, according to 2015 Kauffman Index report.
Low cost of living & Taxes
- A cost of living index of 94.4 puts Austin in the #3 spot against the rest of the nation in terms of low consumer prices, reasonable utility and transportation costs, and good housing prices (including rents.)
- No State Personal or Corporate Income Tax. We're only one of 7 states in the nation with this advantage.