Austin Real Estate MarketAustin Real Estate Market

Austin Texas Area Information

Originally a buffalo-hunting ground favored by Tonkawa Indians, Austin was permanently settled in 1838 as a trading post. The Austin-Round Rock Metropolitan Statistical Area (MSA) is now part of the I-35 growth corridor in the heart of Texas. According to the U.S. Census Bureau, the Austin MSA
experienced the largest increase in income in the state and was one of the country's fastest-growing cities during the 1990s, growing by nearly 48 percent. Austin, the capital of Texas, is home to the University of Texas, the largest university in the nation. The city supports a politically charged and culturally rich environment. A city renowned for its casually elegant lifestyle, Austin is known as “The Live Music Capital of the World”. Austin, the capital of Texas, is at the heart of a 3 county region recognized for its talented workforce and superior business environment. Diversity defines the region and Austin's economy thrives on a balance of technology industries, business services, education, and government.

Area Cities and Towns

Austin, Cedar Park, Georgetown, Leander, Lockhart, Pflugerville, Round Rock, San Marcos, Taylor

Austin Area Facts:

Austin is located in Central Texas along the Colorado River, which forms a chain of lakes 150 miles long.

Austin Texas Weather- Austin has a temperate climate with 300 days of sunshine annually. Average temperatures range from 42° to 62° in the winter and 75° to 95° in the summer. Average rainfall is 32.49 inches.

Austin has over 14,000 acres of parkland.

The U.S. Census Bureau ranks Austin 16th in the nation in population size; as a metropolitan area it ranks 38th. The 2002 census indicated Austin’s population to be 671,873 and the Metropolitan Statistical Area to be 1,249,783. Historical data shows that Austin's population doubles every 20 years and projections are that the Austin MSA will top 2.2 million by July 2015.

Leading the Way

In the last decade, Austin has established itself as the Silicon Valley of Texas with a strong technology presence through software development, electronics design, and computer hardware manufacturing. However, Austin does not rely solely on these industries. Life sciences, film, music, business services, and distribution firms are industries that also have a strong presence.

Forbes magazine last year rated Austin the best place to do business and advance your career. We are known as the "City of Ideas" and are proud to have highly educated , skilled and creative professional call Austin home. We ranked #1 in Creativity for US Regions in February 2004. According to an article in the Harvard Business Review, Austin beat out Seattle and San Francisco to take the lead position in creativity. Austin ranked as the nation's 10th top city in March 2004 by Plants Sites and Parks. For the third time in four years, Austin has been chosen by readers of Plants as one of the top cities in America for business. Readers cite Austin’s famed lifestyle and high-tech presence, as well as The University of Texas as major reasons why Austin continues to be a Top 10 city for business.

Education

Austin is a horizon-expanding city offering outstanding educational opportunities from kindergarten through Ph.D. studies and touted by Fortune magazine as one of the country’s top five intellectual capitals. Perhaps the acclaim results from Austin’s seven area institutions of higher education, including the state’s flagship university, The University of Texas at Austin. Or perhaps it is because the last census revealed that 82 percent of Austin adults have a high school diploma, 35 percent have earned a bachelor’s degree and 11 percent have earned graduate degrees. Austin’s recognition as an intellectual capital may stem from the fact that the city has one of the highest book sales per household ratios in the nation, or that about 44 percent of Austin households—twice the national average—own a personal computer. Whatever the reason, Austin enjoys a well-deserved national reputation for educational excellence.

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Ronnie Bredahl, Austin Realtor
Austin Real Estate Broker
4802 Woodside Drive
Austin, Texas 78735

Austin Real Estate Broker

info@austinreferralrealty.com
Telephone: (512) 785-9050

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