Austin Mural Photo Credit: austinmonthly.com
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Happy Friday, Y’all! It’s no surprise that tons of people are still flocking to the Austin area, especially with the continuation of new tech companies coming in and increased job opportunities. But I know many are curious to know where most of these new residents are coming from. California seems to be the biggest assumption, and while yes, many residents are indeed arriving here from the California area, the high majority of residents moving to Austin are from other Texas cities!
To get a more accurate view of this new resident demographic, the Austin Chamber recently released a full report on the latest Austin migration insight, and it’s very interesting! See below for the main highlights from the report, and if you want to discuss any of this or have any other real estate questions, just let me know!
Hope y’all have a fabulous weekend!
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Latest Austin
Migration Insights
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The latest Austin migration insights are here! Keep reading for some of the top highlights from the recent migration report provided by the Austin Chamber.
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The Austin metro area gains about 33,700 people annually from domestic migration, 6,660 from international migration, and 15,980 from natural increase.
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Austin ranks first among the top 50 largest metros for new residents as a percent of total population.
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The greatest source of new migrants to the Austin metro is other parts of Texas, although the average annual number of new residents from elsewhere in Texas has decreased and the number from California and New York has increased over the last five years.
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The most significant metro area net contributors to Austin MSA’s annual growth are Houston, Dallas, San Antonio, Los Angeles, and New York.
See below for a graph of new residents coming to Austin from 2015-2019 by state of origin.
And get the entire report and the U.S. Census Bureau’s full data on Austin's migration insights here.
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Want to discuss these numbers above further or have any other questions? Reach out!
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Your Guide to All Things
New & Noteworthy
in Austin
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Austin Healthcare Giant Rolls Out Nearly $1 Billion Expansion Plan, Including 2 New Hospitals
"As part of a $953 million region wide expansion, St. David’s HealthCare is building full-service general hospitals in the fast-growing suburbs of Kyle and Leander.
St. David’s says it’s spending $185 million on the new Kyle-area hospital and $142.5" ... keep reading.
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Legendary Austin Music Venue Stubb’s Snapped Up by Superstar Entertainment Group
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A legendary Austin venue and its beloved barbecue restaurant have been purchased by a superstar group of local music-industry dignitaries with deep roots in the Capital City.
On Tuesday, February 15, Austin-based concert promoter C3 Presents — which
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... keep reading.
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Top Picks for Things to Do
Feb. 18-20
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Landmarks Presents Songs in the Skyspace
The monthly music series hosted inside James Turrell’s Skyspace on the UT Austin campus returns through June. This month features the music of classical guitarist Justice Phillips set to the evening’s sunset light sequence. Admission is free with reservation. Save your spot and learn more here.
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The Austin Flea at Radio, Coffee & Beer
One of the best flea markets in Austin is back this Sunday at Radio, Coffee & Beer! The market will feature all local handmade items and vintage wares from some of Austin's most amazing and talented vendors. Find one-of-a-kind gifts for any occasion including jewelry, bath/body products, vintage, original artwork and more. Learn more here.
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Cheers to our wonderful clients for closing on their beautifully bright and spacious new home in Cedar Park! We hope they enjoy this fantastic property for years to come, and we are grateful that they put their trust in our Ellevé team!
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4 Bed | 2.5 Bath
Representing Buyer
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© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.
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