Tech Lives in Austin

A fast-growing high-tech city with a vibrant art and music scene as well as an affordable cost of living. Tech companies large and small thrive here, as the city attracts talent from across the country to fill the offices of diverse firms. Local venture capital, incubators, and accelerators attract entrepreneurs and innovators.

Tesla

Tesla

Apple

Apple

Facebook

Facebook

Facebook

Google

Indeed

Indeed

HomeAway

HomeAway

Whole Foods

Whole Foods

Whole Foods

Yeti

Dell

Dell

506 Companies relocated to the Austin region since 2004, resulting in 51,214 jobs

Best Place to Live in the U.S. for the 3rd year in a row12

2nd Best City for Young Professionals7

High stem concentration 11% of all jobs are in stem10

44.8% over age 25 have bachelors degree10

“The growing tech hub of silicon hills.”
—Business Insider

:Talent

Austin is one of the top talent markets in the country—with over 322K regional graduates each year and thousands of professionals relocating to the city each year.

Austin Talent
Austin Talent

177K students10 in 4-yr & 2-yr colleges, providing ample supply of well-educated workers

+468K students within 200 mi.—one of the world’s strongest talent pools

8th nationally & 19th globally for 2020 top startup ecosystem14

5th Highest Concentration of College-Educated Adults
—City Lab

:Cost

With a world class technology sector and cost of living aligned with national average, growing firms have lots of room to grow.

Austin Cost

#4 City tech workers would consider relocation to11

with 11% of all jobs in STEM occupations, austin is the 6th most concentrated large U.S. metro for stem

Austin is the fastest-growing major metro area in the country13

2nd Best City for Young Professionals
—SmartAsset

:Quality of Life

Austin has been ranked the best place to live in the US for three years in a row
Austin QOL

Best Place to Live in the U.S.
—U.S. News & World’s Report

:Connection

Centrally located with a well connected international airport, Austin is positioned for growth.

Austin Connection

Nonstop destinations9

See full list at flightsfrom.com/AUS

Austin Flights
Austin has over 350 daily flights and nonstop service to 70+ destinations

Travel time from airport to downtown is apx 15 min.

Top 10 Domestic Airports
—Travel and Leisure

:Strategic Sectors

Advanced Manufacturing

Advanced Manufacturing

  • 57K regional manufacturing employment in in 2017, up 19% from 2010
  • Over 320 high-tech manufacturing firms employ 31K, up 14% since 2010
  • High-tech manufacturing represents 55% of the region’s manufacturing employment
Space Technology

Space Technology

  • UT has top-10 ranked aerospace/aeronautical engineering programs
  • Austin’s affiliated research centers and advanced computing capabilities create a vibrant industrial base
  • Over 12K employees within aerospace, aviation, and supporting sectors, nearly 121K in tech ecosystem
Biosciences

Life Sciences & Tech Integration

  • Over 240 life sciences companies in the region
  • A workforce of nearly 15K focused on the highest growth segments and research areas in the industry
  • Specialties include biologics, medical devices, diagnostics, pharmaceutical, contract research
Creative and Digital Media

Creative and Digital Media

  • South by Southwest, Austin City Limits, etc.
  • Game, software, mobile application development, music and film tech, education tech, advertising, social media, and digital content
  • Extremely creative, innovative, and well-educated talent pool
CleanTech/ Smart Grid

CleanTech / Zero Waste

  • Over 200 clean technology companies employing 20K
  • University of Texas at Austin: world-class energy research institution
  • Resources for startups through the University of Texas Clean Energy Incubator

:Growing companies choose Denver

Many of the largest technology companies have chosen Austin to set up shop and expand operations. Recent investment in the region includes:

Tesla

Tesla

New Tesla Gigafactory, set on 2.1K acres, to bring $1B in capital investment and 5K jobs

Move

Move

29K ft2 product & engineering hub for Opcity, housing nearly 200 employees

Wix

Amazon

Expansion of its Austin Tech Hub creating 800 new tech jobs

Apple

Apple

133-acre campus with capacity to grow from initial 5K jobs to 15K

Oracle

Oracle

New Austin campus could ultimately support 10K workforce

Siemens

Siemens

To invest $14M per year in Digital Service Center on 34 ft2 campus

Athena

Athena

New 110K ft2 R&D/software facility in downtown Austin, $13M investment and 600 jobs
Electronic Arts

Electronic Arts

EA Sports expansion in Austin expected to bring over 300 jobs

ESO

ESO

Doubled its space with new 52K ft2 expansion in Austin, 130 jobs + room to grow
HomeAway

HomeAway

Lease for new 315K ft2, 16-story office tower, able to house 2K workers

Beam

Facebook

256.5K ft2 downtown expansion with room for over 1.5K workers

Google

Google

Extensive expansion planned for downtown Austin

3.9% average annual job growth over the last 5 years10

Top exporting state with exports valued at over $264 billion10

Texas is the 10th largest economy in the world10

Sources

1 2020 Scoring Tech Talent, cbre.us; 2 C2ER, coli.org; 3 Cushman and Wakefield Austin Office MarketBeat Report Q2 2020; 4 Cushman and Wakefield Austin Industrial MarketBeat Report Q2 2020; 5 Zillow.com; 6 Statisticalatlas.com; 7 SmartAsset, 2019; 8 Austin Inno, americaninno.com; 9 flightsfrom.com/AUS; 10 Austin Chamber, austinchamber.com; 11 Hired, hired.com; 12 U.S. News & World Report, realestate.usnews.com/places/rankings/best-places-to-live; 13 Curbed Austin, austin.curbed.com; 14 Startup Genome, startupgenome.com; 15 FRED Economic Data, fred.stlouisfed.org;