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.
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.
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
For existing Austin area companies and for relocating companies:
Sr. Vice President, Economic Development