Blog

Austin: America's Next Boom Town (Forbes)

Austin: America's next boom town

"The clear star of the show is No. 1-ranked ‪Austin‬, which has become the nation’s superlative economy over the past decade." (Forbes)

"The Lone Star Model- The most vital parts of urban America can be encapsulated largely in one five-letter word: Texas. All four of Texas’ major metro areas made our top 10. Austin, Houston, Dallas-Ft. Worth and San Antonio are very different places, but they all have enjoyed double-digit job growth from 2010 through 2014, well above the national average of 8.1%. They also all have posted income growth well above the national average." (Forbes)

No. 1: Austin, Texas

Pct. Of Children in Population (5-14): 13.7%

Job Growth, 2010-15: 19.1%

Population Growth, 2010-14: 13.2%

Net Domestic Migration, 2010-14: 16.4 per 1,000 residents

Birth Rate, 2010-14: 13.8 per 1,000 women

Bachelor's Degree Holders (Pct. of Pop. 25-44): 43.7%

(Forbes)

temp-post-image

(Forbes)