median home value in Austin was $321,600
as of May 2017, with the national median
was $199, 200. Texas doesn’t have either a
personal or corporate income tax, adding
to its relocation appeal. According to the
nonprofit TaxFoundation.org, Texas has a
state and local tax burden of 7. 6 percent of
income.
Because we’ve remained an affordable
place to live and work, growth in the
Austin MSA has skyrocketed – increasing
by 17 percent since 2000; the population
is expected to double in the next 25 years
– to 2,780,504 by 2030. In particular,
Williamson, Hays and Bastrop counties
have been consistently ranked among the
top 100 fastest-growing counties in the
country since 2000 – and all expect double-digit growth for the next 20 years.
AUSTIN & INDUSTRY:
HIGH TECH THRIVING
The rise, fall and rise again of Austin’s technology industry has proved that the city is
resilient when it comes to starting, growing
and nurturing successful businesses – even in
a down economy.
Consider that, back in 2008 – even as the
recession gathered steam – Texas saw the
second largest high-tech employment gains in
the nation. The addition of 14,600 high-tech
jobs brought the industry total to 492,400
in 2008 – with the largest tech employment
gains in computer systems design and related
services; engineering services; and R&D and
testing labs.
Today, Texas remains the second-largest
“cyberstate” in terms of total technology
industry employment, behind California and
ahead of New York. Austin ranked fourth
among the country’s 200 largest metropol-
itan areas on the Milken Institute’s Best
Performing Cities list, which ranks cities
according to metrics like job creation and
salary and technology growth.
Some of the largest industries in the Austin
area include: pharmaceutical, biotechnology
and largely technology. Top technology
employers in Austin include such nationally
known companies as Samsung, Advanced
Micro Devices (AMD), Apple, Inc., Applied
Materials, Cisco Systems, Dell, Inc., Freescale Semiconductor, IBM, Intel, and 3M,
plus numerous startup companies. Most
of these businesses are also either based in
Austin, or they’ve chosen to locate large
portions of their operations here.
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BURNET CHAMBER OF COMMERCE
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CEDAR PARK CHAMBER OF COMMERCE
512-260-7800 • cedarparkchamber.org
DRIPPING SPRINGS
CHAMBER OF COMMERCE
512-858-7000
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GREATER ELGIN
CHAMBER OF COMMERCE
512-285-4515
elgintxchamber.com
GREATER LEANDER
CHAMBER OF
COMMERCE
512-259-1907
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HUTTO AREA
CHAMBER OF
COMMERCE
512-759-4400
huttochamber.com
KYLE AREA CHAMBER OF COMMERCE
512-268-4220 • kylechamber.org
LAGO VISTA & JONESTOWN AREA
CHAMBER OF COMMERCE
512-267-7952 • lagovista.org
LAKE TRAVIS CHAMBER OF COMMERCE
512-263-5833 • laketravischamber.com
MANOR CHAMBER OF COMMERCE
512-272-5699
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512-255-5805 • roundrockchamber.org
PFLUGERVILLE
CHAMBER OF
COMMERCE
512-251-7799
pfchamber.com
WESTLAKE CHAMBER
OF COMMERCE
512-327-3088
westlakechamber.com GREATER AUSTIN CHAMBER OF
COMMERCE
512-478-9383
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AUSTIN AREA CHAMBERS OF COMMERCE
GEORGETOWN CHAMBER OF COMMERCE
512-930-3535 • georgetownchamber.org
