Supported by a buzzing & diverse business community, Austin continues to grow! Ranking 2nd in terms of population growth, Austin continues to be a shining start in the US economy. According to Forbes.com, Austin grew 3.77% in 2008, putting our estimated population close to 1.7 million. This is attributed to a number of factors:
- A relatively low unemployment rate (6.4% compared to the national average of 8.5%)
- Economic support from a variety of industries. Cities like Las Vegas and New York rely heavily on a single industry.
- Housing affordability
- Great weather (who doesn’t like 80 degree weather in February and March?)
- An active vibrant cultural life
Click here to read the full article from Forbes.com: http://realestate.yahoo.com/promo/ten-cities-where-americans-are-relocating.html
It continues to be a Good Life in Austin, Texas. Check out our monthly Austin real estate statistics to see how the Austin growth shows up in terms of Austin home sales or call the GoodLife Team today. Curious about the GoodLife Team’s hip new listings – follow us on twitter @goodlifeteam. Stay up with everything else GoodLife by following @krisstinawise. And be sure to let us know what you think about Austin’s growth by submitting your comments here.
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We are extremely lucky to be living in Austin, TX. Austin and Portland, OR are always compared. Is Austin now more populated than Portland?