Approximately 100 people per day move to the city of Austin, with the top reason being the fact that the city itself has transformed itself into one of the largest and most vibrant locations in the entire United States having previously been a more sleepy college town. In fact, there are all sorts of reasons to move to Austin, especially if this specific location itself is one that you’ve been considering, whether it’s a recent decision or one that you’ve been thinking about for a long time.
Here are four reasons why you should consider making the move to the city of Austin.
- First and foremost, purchasing a home in Austin is much cheaper compared to other major cities throughout the United States, such as Seattle, New York City, and San Francisco; however, it’s also important to keep in mind that real estate itself in the city isn’t cheap, as the median price for a home is approximately $407,400. Despite the price, the overall cost of living in Austin remains around 3% lower than the total national average, even though other areas throughout the state of Texas can be more expensive than others. Some of the most important factors that you will need to keep in mind prior to purchasing a home in Austin include neighborhood, distance, and size. Furthermore, the sooner you purchase a home in Austin, the better, as investing in one sooner rather than later will end up resulting in a great investment in the future on your part due to the overall population of the city likely doubling over the next decade.
- Another great reason to consider making the move to Austin is that the city offers all sorts of amazing and fun recreation options that you will be able to take advantage of on any given day. In fact, it’s considered to be a normal way of life in the city to know where all of the best food spots, hiking trails, concert venues, and bars are located. Oftentimes, you can expect to see groups of people partaking in all sorts of fun activities, such as dining in some of the most popular restaurants, swimming in the Barton Springs Pool, and hiking on the trails on the Greenbelt.
- Employment is another great reason to consider making the move to the city of Austin. The city itself is widely known to be a technology hub thanks in large part to the vast number of technology companies that have taken up residence there, and furthermore, they also account for the majority of revenue related to technology in the entirety of the state of Texas. Some of the most notable companies that can be found in Austin include Facebook, Google, Intel, Apple, Samsung, eBay, Hewlett-Packard, Cisco Systems, and so many more. In terms of employment itself, the average weekly wages in the city of Austin are approximately $1,116, while the average weekly wages in the entire United States are approximately $1,021 according to the Bureau of Labor Statistics. Additionally, other major employment sectors include education, health care, business, government, and entertainment.
- One other great reason to think about moving to Austin is the fact that there is an overall great cost of living in the city once you move there. Despite the fact that rent in the city may be the highest throughout all of Texas, it still remains much more affordable compared to the overall national average. For instance, a one-bedroom apartment in Austin rents for approximately $1,165, while a two-bedroom apartment in Austin rents for approximately $1,716. In terms of other common costs, you can expect to pay a little over $3 for bread, slightly less than $2 for a dozen eggs, the same for a gallon of gasoline, $12 for a ticket to the movie theater, and less than $2 for a gallon of milk, just to share a few examples.
Looking for Austin real estate ? Click here
