Financial Services & Insurance

The Austin Region is defined by a thriving local economy, availability of an educated talent base, a robust telecom infrastructure, favorable tax and regulatory climate, and a high quality of life. Austin is one of the strongest communities on every level, from small businesses to corporate giants.

  • 2.2 M population
  • 1.2 M in the workforce
  • 32.7% population growth over the last decade
  • 3.9% average annual job growth over the last 5 years
  • 174,000 college students
  • 27 colleges & universities
  • 37.7 median age
  • “Austin will play an important part in PIMCO’s continued growth and we are excited to become part of this vibrant, innovative community.”
    Emmanuel Roman, CEO & Managing Director, PIMCO

Recent economic success stories such as Dimensional Fund Advisors, Charles Schwab, and PIMCO have enhanced and strengthened Austin’s regional financial services industry cluster.

Talent

A fifth of Austin’s workforce is employed in management, business and financial occupations.

Four-year universities in the metro area generate nearly 5,200 business graduates annually.

The University of Texas at Austin McCombs School of Business is a premier business school at a world-class public research university.

Major employers

  • Charles Schwab
  • Deloitte
  • Dimensional Fund Advisors
  • Farmers Insurance Group
  • Netspend
  • Progressive Insurance Co.
  • Q2
  • State Farm Insurance Co.
  • VISA

Costs

The Austin region has lower business and living costs than most major U.S. metropolitan areas.

  • 0% personal income tax
  • 2% below national cost of living

Additional Resources
  • Financial Services & Insurance flyer
    Download
  • Austin, Texas Region at a Glance flyer
    Download
  • Why the Austin, Texas Region? booklet
    Download

Contact