Market Blog

  • Austin: The Strongest Metropolitan Economy in the Nation

      According to a new study analyzing two dozen metrics over a 20-year period, Austin has the strongest economic strength in America, ranked first out of 383 metropolitan statistical areas. The study, conducted by POLICOM company, collected data from 1997-2016. Napa, California, was the second ranked metropolitan area, behind Austin. The only other Texas economy to break the top ten... READ MORE

  • Oracle Founder Larry Ellison: ‘Austin is one of the key places we want to be’

      In a recent statement, Oracle founder Larry Ellison predicted that Austin’s Oracle campus will increase to as many as 10,000 employees in the next few years, as Oracle has big plans and Austin is where he believes “our people want to be.” The Austin Oracle campus is a fairly new 560,000 square foot waterfront building that was opened in January on Lady Bird Lake. In its first few months... READ MORE

  • Austin in Top Ten Cities with Largest Increase in Millennial Residents

      According to a study from the Brookings Institution, of metro areas where millennials make up the largest percentage of the population, Austin is the second highest ranked city at a population of 27.2 percent young adults. Furthermore, from 2010-2015 Austin saw an 11.8 percent increase in millennials. The study’s results were determined by using data from the U.S. Census Bureau. Provo-... READ MORE

  • Austin Ranks as No. 1 State Capital to Live

      According to a WalletHub article written by Adam McCann, state capitals can either provide a wonderful city to live in, while others may be rampant with poverty or other negative qualities. In a thorough analysis of which state capitals double as the best places to find a home, WalletHub gave Austin, Texas, the No. 1 ranking out of all 50 state capitals.   Fifty-one key metrics —... READ MORE

  • Tech Salaries in Austin Soar Past Those of New York City and Other Major Metropolises

      Hiring platform, Hired, collected data to determine the major metropolises with the highest adjusted tech salaries. Austin, Texas, came in at No. 1, with an average adjusted tech salary of $202,000, which was $20,000 more than the next highest city (Seattle/Los Angeles). After collecting data from a variety of metropolises, including London, Paris and New York City, the Bay Area was... READ MORE

  • Austin Ranks the No. 1 Best Place to Live for Second Consecutive Year

      For the second year in a row, Austin, Texas, has been ranked the No. 1 best U.S. city to live, according to the recently released U.S. News & World report “2018 Best Place to Live.” This year’s list took into account a handful of factors to create an overall scorecard. Austin earned a 7.7 average ranking (out of ten). The rankings were based off of 5 overarching topics: desirability... READ MORE

  • Austin Ranks in the Top Five of Best College Cities/Towns in United States

      According to a WalletHub article written by Richie Bernardo, “Experts have argued that a school’s geographical location is just as important as a strong curriculum and supportive school environment to a student’s academic success and personal development.” In order to help high school students narrow down their choices for college destinations, WalletHub ranked the best and worst college... READ MORE

  • Austin Ranks as No. 2 Fastest Growing Economy Across the States

      Based on a Headlight Data report, two Texas cities ranked in the top 3 for the fastest growing economies in the United States. Austin sat at No. 2 with San Antonio coming in at third. The data collected from the Bureau of Economic Analysis shows that Austin had a 34.7 percent increase in GRP (Gross Regional Product) from 2011-2016 — only 2.6 percent less than the No. 1 growing city (San... READ MORE

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