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A decision that about 172 people make per day. Roughly 63,000 people are moving to Austin every year and that number is only going to increase in the coming decade. Why? "There is something for everyone." is the simplest answer.
There is always something to do, from the ACL Festival (Austin City Limits) that brings between 70,000 - 100,000 music fans and over 130 bands/musicians for a 3 day weekend music festival - which is being expanded to a two (2) weekend festival starting in 2013. A festival with ONLY music not your thing? How about SXSW which brings together Film, Music & Technology. SXSW Festival brings over 200,000 people to town for the week. Included in SXSW are movie premiers, interactive panels and concerts.
New for 2012/2013 is F1 - Formula 1 Racing. The new Circuit of the Americas track being built in Austin is set to host the Formula 1 race until 2021. Along with F1 will come an estimated 300,000 people for race week. But, F1 will not be the only attraction on the track. Also signed to hold races in Austin are MotoGP from Spain and SuperCar from Australia. Each event will bring with it a huge fan base and Austin is ready to welcome them! Visit the official Circuit of the Americas website @ www.circuitoftheamericas.com
Perhaps so many people are moving to Austin because of the 4 points made in the following TheWeek.com article:
Using an interactive county-by-county U.S. migration tool from Forbes, New York–based blogger A.S. at The Economist finds that "people are moving in droves" to Travis County, Texas — home of Austin — mostly from coastal blue states. Why?
1. It's the low taxes: A primary reason is that Texas has "no state income tax," suspects A.S. "High-earning New Yorkers and Californians can take home between 9 percent and 11 percent more of their income" just by moving there. All in all, the trend "does not bode well for high-tax states with nasty fiscal problems."
2. It's housing costs: Texas is truly "one of the remarkable economic stories of the last decade," says fellow Economist blogger R.A. But its growth isn't due to "the mobile rich fleeing to places with the lowest tax rates." If you look closer at the data, the people moving out of the state are wealthier than those moving in —so my money's on the lower housing costs in Texas.
3. It's the telecommute: "I think there’s another trend at work here — broadband," says Stacey Higginbotham in GigaOm. Especially in the tech industry, people who have reliable high-speed Internet access no longer need to live in Silicon Valley. "Sure there are days when I’m tempted to live where the action is instead of Austin," but given its lower cost of living generally, I'm always glad I don't have to.
4. Maybe Austin gives you more bang for your buck: Lots of states have lower taxes than Texas, says Matthew Yglesias at Think Progress, and "the most-taxed states, Connecticut and New Jersey, are also the most prosperous." So to the extent that taxes play a role, it's really about value — low taxes and "subpar" services or high taxes and excellent ones. But A.S.'s map is also flawed, since it doesn't include the robust migration to blue states from overseas.
What ever the reason you have to move to Austin, one thing holds true: Austin is just a cool place to live, being dubbed by many names: Live Music Capitol of the World for our music scene and Silicon Hills for our thriving tech industry, just to name a couple. We have a multi-cultural community, a booming downtown, diverse economy, and well rounded employment pool. With world, U.S. and regional headquarters in the tech industry, a thriving college scene - including ACC (Austin Community College, St. Edwards University and the University of Texas (UT) with over 50,000 students/faculty on campus, and a progressive city attitude doesn't hurt.
Let The Huddleston Team make your transition into Austin seemless. We have spent years helping relocating individuals & families find the perfect place to call home, Austin.
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