Occasionally we focus on our hometown of Austin, Texas, which is a great place to live and work. You don’t have to take our word for it.
Austin is a great place to work
According to a recent report ranking the best and worst job markets across the United States, Texas ranks 11th overall. Many of the states with the strongest labor markets are in the Southeast, where job
seekers can be choosy about where to interview and work. The report uses data from the Bureau of Labor Statistics on employment growth, layoffs, resignation rates, job openings, and other metrics to determine rankings. With the growth of the tech sector, it has also become home to lots of young professionals.
People come for their careers and stay for the lifestyle
The business opportunities are great, but it’s not the only reason people are moving to Austin. In yet another study, Austin is named the best city to start a career. Recent graduates are coming for the jobs, the lifestyle, and for work-life balance. Since the pandemic, many people are prioritizing work-life balance and flexibility. Coming in at number 1 on the Quality of Life scale in the study, Austin is home to the University of Texas, is close to nature, and boasts lots of outdoor activities as well as a lively music scene.
Austin Fun Fact:
Austin has been inhabited since at least 9200 B.C. by the Clovis culture, the Paleo-Indian culture named for its stone tools.
Clovis Spear Points, Wikipedia
The cost of living in Austin is better than Silicon Valley
The overall cost of living in Austin is just above the national average, with housing being 16% above the national average and utilities, groceries, and transportation being under the national average. The average Austin salary is $79K. The population in Austin, which is growing 0.11% annually, is 966,292. Californians are migrating to Austin and other Texas cities more often than any other group. Even with the higher cost of housing in Austin, Californians save money on housing when they move. The median price of housing in Austin in $525,000 compared to $1.8 million in Redwood City, California. Renters also save and can find larger apartments to rent in Austin compared to California cities. With inflation still a concern, moving to where housing costs are lower is a big draw.
With the unemployment rate in Austin at 3.5%, it is still a job seekers market. Companies and recruitment specialists need to create a great employee value proposition to be appealing to potential candidates, new hires, and existing employees.
