Austin

In 1838, Mirabeau B. Lamar, sent to scout for a site for the capital of the new Republic of Texas, described the site on the Colorado River as “the seat of a future empire.” Austin became the capital of the Republic and then capital of the state of Texas. It has become not only the seat of political and governmental power, but the center of a knowledge empire.

The site of The University of Texas at Austin, a world-class research institution and the largest university in the nation, Austin is known for its highly educated workforce and its high degree of creativity. It is a technology center that such industry giants as Dell, AMD, 3M, IBM, Samsung, Freescale and National Instruments call home.

That site on the Colorado has proved hospitable to its 690,252 residents, who can enjoy the Hill Country scenery with the fast-running creeks, lakes and spring-fed swimming holes. Named “the Live Music Capital of the World”, Austin boasts more than 120 live music venues and a host of other cultural attractions.

  Austin Travis County Austin MSA
Population 2009 786,382 237,658 1,705,075
Population growth 1999-2009 33.8% 30.1% 41.4%
Land area (sq. mi.) 2000 251.52 989 4,224
Households 2007 419,661 638,312
Homeownership rate 2000 44.8% 51.4% 58.2%
Median age 2000 29.6 30.4 30.9
High school grads 2000 83.4% 84.7% 84.8%
College grads 2000 40.4% 40.6% 36.7%
Labor force 2009 419,358 549,262 885,803
Unemployment rate 2009 6.4% 6.7% 6.9%
Public school enrollment 2008-09 139,949 281,718
High school graduates 2008 6,903 14,685
Median household income 2007 $43,974 $46,263
Percapita income 2007 $23,987 $22,710
Retail sales 2007 (000s) $17,463,070 $39,012,359
Business
2007
Firms 24,828 34,009
Employment 566,096 749,658
Avg. weekly wage $947 $899
Mfg. business
2007
Firms 846 1,347
Employment 47,234 60,272
Avg. weekly wage $1,708 $1,540

Sources: Claritas/TradeDimensions for income and retail sales; Texas Workforce Commission or U.S. Bureau of Labor Statistics for labor force, unemployment, businesses, employees, and wages; Texas Education Agency for public school enrollment and graduates; and U.S. Bureau of the Census for all other data.

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City of Austin Office of
Economic Development

Brian Gildea
Economic Development Manager, Economic Growth and Redevelopment Services

301 W 2nd St.
Austin, TX 78701

Phone: 512.974.6381
Fax: 512.974.7825
Web: http://www.austintexas.gov/