Austin is a very large city located in the state of Texas. With a population of 993,588 people and 258 associated neighborhoods, Austin is the fourth largest community in Texas. There's nothing like the smell of a brand new house, and in Austin, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Austin, and putting down their money on brand new construction. Austin’s real estate is, on average, some of the newest in the nation. Austin does seem to be experiencing an influx of affluent people, because the median household income is $93,658.00.
Austin real estate is some of the most expensive in Texas, although Austin house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Austin has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Austin is also a city of artists. Austin has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Austin’s character.
Telecommuters are a relatively large percentage of the workforce: 30.69% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Austin is a popular destination for single career-starters. One thing that you will notice when you are out and about town is that there is a large population of people who are young, single, educated, and upwardly-mobile career starters out at restaurants, listening to live music, and enjoying other activities. They are a real visible part of the culture of Austin. This makes Austin a good place to live for young professionals. With so many people in this demographic, Austin presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.
If knowledge is power, Austin is a pretty powerful place. 59.56% of the adults in Austin have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Austin in 2022 was $62,862, which is wealthy relative to Texas and the nation. This equates to an annual income of $251,448 for a family of four. However, Austin contains both very wealthy and poor people as well.
Austin is an extremely ethnically-diverse city. The people who call Austin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Austin residents report their race to be White, followed by Asian. Austin also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 31.91% of the city’s residents. Important ancestries of people in Austin include German, English, Irish, Italian, and Scottish.
In addition, Austin has a lot of people living here who were born outside of the US (18.73%).
The most common language spoken in Austin is English. Other important languages spoken here include Spanish and Langs. of India.