Austin is a fast-growing city, and the rest of the country is taking notice. In a recent article from Realtor Magazine, Austin made number five on their list of the country’s fastest-growing cities. Based on the data from the Census Bureau, Austin saw 25,400 new residents arrive between July 2011 and July 2012. That puts Austin’s population at an estimated 840,000. While Austin may not be the biggest city on the list, it does have the largest population percentage growth at 3 percent.
Three other Texas cities made the list as well; Houston, San Antonio and Dallas. Houston is the largest city in Texas with 2.2 million residents, including 34,625 new residents. It takes the number two spot after New York City. San Antonio comes in just above Austin at number four, with a population of 1.4 million, while attracting the same amount of new residents as Austin with 25,400. Dallas ranks number seven with 23,300 new residents and a total population of 1.2 million.
What is it about Austin that has attracted so many new residents? The number one reason is the number of job opportunities available in Austin. Fortune 500 companies Dell and Whole Foods Market continue to operate their headquarters here, and major tech companies, including Apple, Google and Facebook, have also recently set up offices in Austin. The Austin campus of the University of Texas continues to draw more and more students looking to study engineering and computer science, and secure a future position at one of these major corporations. Of course, the thriving music scene and laid-back way of life in Austin is attracting many young residents as well. With the combination of great jobs and relaxed lifestyle, it’s no wonder so many new people are making their new home in Austin.
To see the complete list of the 8 fast-growing cities, check out this article from Realtor Magazine.