Austin commonly referred to as “The Heart of Texas” or “The Live Music Capital of the World” is an amazing place to live and work. Over the past one decade, the city’s economy has been on the rise, and that doesn’t seem to change any time soon. The steady economy has opened a wide range of opportunities for various sectors that continues to attract more people to the city.
Located in the heart of the State of Texas, the city is hustling and bustling with lots of activities, art, and awesome people who are always ready to welcome visitors and show them around. So, have decided to move or you have started to contemplate moving to Austin? Here are some of the top reasons why you should consider living in Austin.
The Economy Is on the Rise
As mentioned earlier, the economy of Austin has been steadily rising since 2008, and it looks like, and it isn’t going to slow down any time soon. The city has recorded 22% growth in its GDP over the past ten years and a 3.2% gross metro product growth in 2016 and 2017.
According to Milken Institute, Austin is among the best performing cities in the country, and it is one of the backbone cities of America’s economy. Today, the unemployment rate in this beautiful city stands at 3.3%, and it is steadily decreasing compared to the national average unemployment rate of 5.8%. Austin is also enjoying a job growth of about 3%. What is even more exciting is the fact that the job opportunities are distributed across many sectors.
Low Cost of Living
Austin also offers its residents low cost but a high-quality lifestyle that can’t be compared to other cities in the country. For instance, the price of Austin homes for sale is much affordable compared to the cost of homes in other cities such as New York, Colorado, and California. The city was named the fifth most affordable urban center in the United States in 2016, and everything in Austin tends to cost less than the price of the same commodities in other major cities around the country.
If you are looking to construct a custom home, you can purchase land and contract Milestone Home Builders who will help you build your dream home. It is also among the best performing metros in the US Metro Clean Tech Index. The average annual income stands at $74, 900.
Enjoy Warm Weather throughout the Year
If your idea of a perfect day is warm and sunny, then Austin is the ideal place for you. The locals here enjoy warm weather almost throughout the year with an average of 70 degrees annually. However, the summers can sometimes get a little hot, and you might find it uncomfortable if you aren’t used to 90+ degrees, but there is no need to fear since there are plenty of swimming pools and air conditioners to keep you cool.
The Music Scene
Austin has been nicknamed the live music capital of the world, and it is for a good reason. If you love music, then this is the place to be since the city has more live music venues than any other place in the United States. With more than 250 venues of live music that play all types of genre, you will never miss something to enjoy. People from all over the world come here to check out the live music shows, and it will only feel good if you are part of the community.