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

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

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