Austin, Texas is widely recognized as one of the most educated, creative, and technologically progressive cities in the country, which may account for its rapid growth. With a population in 2009 of 786,386, the city has grown about 3.4 percent per year since 2000, earning it a ranking of 4th among 50 U.S. metro areas in terms of net migration.A highly creative economy with a large population of 'knowledge workers,' Austin is known as the Live Music Capital of the World, because of its 200 music venues and is a top-ranked golfing destination. Outdoor recreation abounds with miles of trails, more than 200 parks, and Lady Bird Lake in the center of town.
Attending Schools in Austin, TX
You'll find over 40 accredited post-secondary programs and colleges in Austin, including the University of Texas at Austin, Huston-Tillotson University, and Austin Business College. Nearly 40 percent of Austin adults 25 and older hold bachelor's degrees--a rate that far exceeds that national average of 24.4 percent.Students attending colleges and universities in Austin can appreciate its 300 days of sunshine a year, and aside from all that live music, there's plenty to do in a city that boasts more fine restaurants and clubs than any other city in the U.S.
Working in Austin, TX
Austin is perhaps best known as a creative, entrepreneur-friendly economy. Companies like Whole Foods got their start here, and Samsung chose Austin as the site for its newest semiconductor facility. Major industries in Austin, TX, by number of employees, are:
- Sales and related occupations
- Business and Financial Operations
- Food Preparation and Service
- Education and training
- Computer and Mathematical Science Operations
The Austin/Round Rock/San Marcos area also had an unemployment rate of 7.3 percent in July 2010, lower than the national average of 9.5 percent.Austin is desirable because of its low tax burden, thanks to no personal or corporate income tax. It's also affordable: The cost of living in Austin in 2009 was 96.7 percent of the national average. The mean annual wage in the area was $45,180 in 2009, or just slightly above the national average of $43,460.