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

Citizens
CreditCards.com
Deloitte
Dimensional Fund Advisors
Farmers Insurance Group
Finastra
First Data
Fiserv
Insurance Zebra
Kasasa

Kestra Financial

Netspend
NetSuite
NFP Securities
PIMCO
Progressive Insurance Co.
Q2 Software
rateGenius
State Farm Insurance Co.
VISA
Vista Equity Partners

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

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