Austin, Texas is more than a city; it’s a lifestyle. Living in Austin is about celebrating the city’s vibrant culture and history. Living in Austin is about the people, the music, the food, the events, and the places that make this city special.
On average, 63,000 people relocate to Austin each year to enjoy the city’s friendly and laid back lifestyle, the warm weather, gorgeous scenic beauty, rich and vibrant culture, and numerous outdoor activities. People are moving to Austin, Texas in record numbers, drawn by the city’s robust economy, low cost of living, affordable housing market, and favorable business climate. Read more about why so many people are relocating to our great city.
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Featured Listings
Unique, Magnificent Estate Carved On 16+ Acres Of Prime...
- Price:
- $15,000,000
- City:
- Austin
- Beds:
- 6
- Baths:
- 13
- Type:
- Residential
- MLS® #:
- 6785843
- Provider:
- Realty Austin
Unique, Magnificent Estate Carved On 16+ Acres Of Prime South Shore Lake Front Property With Breathtaking...
Old Hollywood Santa Barbara Style Home To Be Built...
- Price:
- $5,250,000
- City:
- Austin
- Beds:
- 5
- Baths:
- 8
- Type:
- Residential
- MLS® #:
- 4602770
- Provider:
- Realty Austin
Old Hollywood Santa Barbara Style Home To Be Built On Huge Waterfront Lot In Rough Hollow. Lot Is 1.5...
Don't Pass Up This Opportunity Because You Couldn't...
- Price:
- $3,999,000
- City:
- Austin
- Beds:
- 7
- Baths:
- 11
- Type:
- Residential
- MLS® #:
- 4089417
- Provider:
- Realty Austin
Don't Pass Up This Opportunity Because You Couldn't Buy The Lot And Build This House For The Price That...
Nestled Among Majestic Oaks And A Tree Lined Drive,...
- Price:
- $3,900,000
- City:
- Austin
- Beds:
- 5
- Baths:
- 7
- Type:
- Residential
- MLS® #:
- 7502127
- Provider:
- Realty Austin
Nestled Among Majestic Oaks And A Tree Lined Drive, A Private Setting Awaits You As You Enter Through...
Amazing Property On 21+ Acres -- Totally Private W/panoramic...
- Price:
- $3,395,000
- City:
- Austin
- Beds:
- 4
- Baths:
- 7
- Type:
- Farms & Acreage
- MLS® #:
- 8131558
- Provider:
- Realty Austin
Amazing Property On 21+ Acres -- Totally Private W/panoramic Hill Country Views. Geothermal Heat Pumps....
Amazing Property On 21+ Acres -- Totally Private W/panoramic...
- Price:
- $3,395,000
- City:
- Austin
- Beds:
- 4
- Baths:
- 7
- Type:
- Residential
- MLS® #:
- 6437461
- Provider:
- Realty Austin
Amazing Property On 21+ Acres -- Totally Private W/panoramic Hill Country Views. Geothermal Heat Pumps....
Custom-built Jauregui Designed French Chateau In The...
- Price:
- $2,999,999
- City:
- Austin
- Beds:
- 7
- Baths:
- 9
- Type:
- Residential
- MLS® #:
- 2190578
- Provider:
- Realty Austin
Custom-built Jauregui Designed French Chateau In The Exclusive Gated Community Of Costa Bella On Lake...
Located On The Exclusive "island At Mt. Bonnell", This...
- Price:
- $2,995,000
- City:
- Austin
- Beds:
- 5
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- 8500722
- Provider:
- Realty Austin
Located On The Exclusive "island At Mt. Bonnell", This Residence Is Contemporary In Design And Sits On...
Located In An Exclusive Neighborhood Of Barton Creek,...
- Price:
- $2,785,000
- City:
- Austin
- Beds:
- 7
- Baths:
- 9
- Type:
- Residential
- MLS® #:
- 3793503
- Provider:
- Realty Austin
Located In An Exclusive Neighborhood Of Barton Creek, This Beautiful Family Home Offers 7 Bedrooms, 5...
Fantastic Price For A Luxury Property!! Panoramic...
- Price:
- $2,699,000
- City:
- Austin
- Beds:
- 6
- Baths:
- 8
- Type:
- Residential
- MLS® #:
- 7652780
- Provider:
- Realty Austin
Fantastic Price For A Luxury Property!! Panoramic Views Showcase Downtown Austin, The Ut Tower And The...
Wilde Custom Homes French Country Masterpiece, Designed...
- Price:
- $2,650,000
- City:
- Austin
- Beds:
- 6
- Baths:
- 7
- Type:
- Residential
- MLS® #:
- 8281004
- Provider:
- Realty Austin
Wilde Custom Homes French Country Masterpiece, Designed For Executive Living, Entertaining And Pampering...
This Breathtaking Tuscan Estate Offers Panoramic Hill...
- Price:
- $2,650,000
- City:
- Austin
- Beds:
- 6
- Baths:
- 8
- Type:
- Residential
- MLS® #:
- 9145347
- Provider:
- Realty Austin
This Breathtaking Tuscan Estate Offers Panoramic Hill Country Views On A 3.72 Acre Lot. Featuring Beautiful...
Why People are Moving to Austin:
The Economy:
Austin ranks 4th out of 200 large cities in the Milken Institute's annual survey of Best-Performing Cities. Austin has consistently ranked well in this prestigious survey having ranked number 2 in 2010 and number 1 in 2009. The Best Performing Cities index includes both long-term (five years) and short-term (one year) measurements of employment and salary growth. Among the reasons Austin has consistently ranked at the top of this prestigious list of top performing metropolitan economies are investment in technology, diversified technology bases, high level of workforce education, and climate for developing and start-up companies.
For the five-year period ending in 2010, Austin had the third-fasted job growth in the nation. It is the largest metro to exceed its peak level of employment prior to the recession. Given its concentration in chips and computers, both volatile industries, the region's economic stability is remarkable. The University of Texas, Austin, and the state capital have helped insulate Austin from the national economic contractions.
Austin is a center of semiconductor production. After weathering a collapse in demand, Samsung Austin Semiconductor (SAS) is expanding its huge fabrication facility. An incremental $3.6 billion investment is under way, bringing it total investment in the Austin area to 9.2 billion. The facility is expected to create 7,600 jobs directly and indirectly, $296 million in wages annually, and 1.4 billion in total local economic activity per year. In addition, eBay is expanding its Austin office, and the city is attracting some operations from Facebook.
Based in Round Rock, Dell is the largest technology employer in the metro area with more than 14,000 employees. It is investing heavily in data centers and rapidly adding high-skilled employees. IBM, Freescale Semiconductor, AT&T Computer, National Instruments, and AMD are major employers in the region as well.
Retail and housing markets are recovering, thanks to job and wage gains at these tech employers. Due to an influx of new residents, housing prices barely slipped during the recession. Austin has one of the most educated populations in the country; over 37 percent of adults have at least a bachelor's degree.
Affordable Housing:
The average home price in the Austin/Round Rock/San Marcos area was $183,000, making homes in this market among the most affordable in the nation.
Lifestyle:
Living in Austin is an interactive experience. Whether it’s jogging around Lady Bird Lake, swimming at Barton Springs, boating at Lake Travis or Lake Austin, partying down on 6th Street, there is always something to do in Austin. Local events like South by Southwest, Austin City Limits Music Festival, Old Pecan Street Festival, Republic of Texas Biker Rally, Texas Relays, Travis County Rodeo and Fair, and hundreds of other festivals draw hundreds of thousands visitors each year.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 20th, 2012 at 12:00pm. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.