20 August . 2020
Where Austin lives & works – all one million of us
This summer, Austin’s population passed the one million mark, reaching 1,003,615 residents as of July 1, according to a City of Austin population estimate.
To mark this demographic milestone, we’ve created in-depth blogs on where the growing number of Austinites are living and working.
First, here are a few more facts about Austin’s growth:
- Austin is the 11th largest city in the United States, but that won’t last long. By 2021, we’re projected to pass San Jose to become the 10th largest city.
- Austin was the nation’s second-fastest growing big city from 2018 to 2019. Only Fort Worth had a higher growth rate.
- Data suggests that people moving to Austin are relocating from expensive cities like Los Angeles, New York City and San Francisco. According to Redfin, San Francisco is the largest source of out-of-staters searching for Austin homes online.
- As Austin grows, more of us are becoming homeowners. A new report from Texas A&M University’s Real Estate Center says Austin’s homeownership rate hit 65.3 percent this summer.
Where do Austinites work? Check out our blog on Austin’s top 5 employment centers.
Where do Austinites live? Increasingly, they’re choosing North Austin metro cities such as Georgetown, Cedar Park, Leander and Liberty Hill for quality of life, affordable new home prices and highly regarded schools. Our blog offers an in-depth look at some of North Austin’s most desirable places to live.
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