Despite explosive growth in recent decades, Austin still manages to retain some small-town charm and a distinctly warmer culture.
So, you’re thinking of moving to Austin, the live music and breakfast taco capital of the world?
The little capital city has something to offer everyone from the techiest coder to the crunchiest yogi and everyone in between. Austin will not disappoint lovers of nature, food, live music and fitness. For instance, exceptional cuisine and indoor and outdoor fitness activities await you at every turn. And it’s always festival season.
With so many hotspots for food, music and culture, it’s easy to get overwhelmed. And while it never hurts to have a local reveal the city’s hidden gems, many are hiding in plain sight.
Read on for some key insights into this world-class city with a small-town feel, and see what opportunities await.
For the past 20 years, Austin has been one of the nation’s fastest-growing cities. Despite climbing real estate prices and shifting demographics, the city has continually been named on “best of” lists thanks to the high quality of life it offers. To get a better look at the city by numbers, here’s a snapshot.
- Population: 978,908
- Population density (people per square mile): 2,653.2
- Median income: $71,543
- Studio average rent: $1,319
- One-bedroom average rent: $1,481
- Two-bedroom average rent: $1,689
- Cost of living index: 101.3
Popular neighborhoods in Austin
The many neighborhoods scattered across Austin reflect the city’s diverse makeup and culture. The main freeways run on a north/south axis, contributing to a lack of connectivity between many neighborhoods. This has helped to preserve the character of individual communities. Each area features specific lifestyle offerings and access to different activities.
- Hyde Park: Austin’s most well-preserved historic neighborhood, Hyde Park is a treasure trove of mid-century bungalows and Victorian homes. Central to everything, this family-friendly community is among the most desirable in town, thanks in part to its friendly, small-town vibe.
- South Congress: South Congress – SOCO to a native – is a hotbed of shiny new developments, boutique hotels and high-end shopping. The homes tucked away from the namesake street range from bungalows to hulking modern mansions and house some of the most prominent Austin characters.
- Crestview: Developed in the ’50s and ’60s, this pocket of the city is primarily made up of bungalows and ranch-style homes occupied by families. The tight-knit Crestview neighborhood features community gardens and top-rated public and private schools.
- North Lamar: Home to some of the last truly inexpensive real estate in Austin, North Lamar offers a mix of apartments and modest single-family residences. A high concentration of Asian grocery stores and restaurants provides eclectic shopping and dining. Many first-time buyers, students and young singles live in this area.
- South Lamar: Featuring a wild mix of old and new, this neighborhood offers rolling hills, access to entertainment and dining and every type of housing option. New condos with jaw-dropping penthouse views overshadow quaint bungalows on fully-wooded lots. The eclectic community is full of families, creatives and professionals.
The pros of moving to Austin
Sure, there’s a highly-visible festival and entertainment economy, but there’s more to Austin than meets the eye. Here are the top three reasons for making a move to ATX.
Exceptional job market
The economy in Austin is booming. From hospitality to high-tech, there are seemingly endless opportunities in the city. “The Wall Street Journal” ranked Austin as the No. 1 job market in the U.S. for the second year in a row. The fact that Apple is building a billion-dollar corporate campus and Tesla is prospecting for a new facility in the metro area only adds to the appeal.
Live music capital
While locals may tire of the official motto, “Live Music Capital of the World,” the city does, in fact, boast more venues per capita than virtually any other city in the world. With more than 100 live performances happening on any given night, a music lover’s only real complaint is FOMO.
When you come to Austin, you can enjoy outdoor activities pretty much year-round. Greenbelts surrounding the city are popular with paddlers, swimmers and rock climbers. Nature and green space are never far away, no matter what part of town you’re in.
The cons of moving to Austin
Despite the many wonderful aspects of the city, it’s worth noting that there are some drawbacks.
Summers are sweltering
Everyone knows it’s hot in Texas, but few are truly prepared for the stretches of weeks each summer where the temperatures soar above 100 degrees. The heat is no joke, so prepare yourself mentally and physically.
Traffic is terrible
While parking downtown is a popular complaint, just getting across town is the No. 1 thing drivers gripe about. Because the main freeways run north/south and there’s no ring road around the city, rush hour is a horror for commuters. It’s no wonder, Austin ranks 18th among the most traffic-congested cities in America, according to INRIX.
Allergy season never ends
It doesn’t take long for Austin transplants to discover allergies they didn’t even know they had. Every season brings a fresh crop of pollen to town, which means you’ll quickly become an expert on what tree is in bloom and how much misery it inflicts on everyone.
How to get started on your move to Austin
So, are you sold yet on moving to ATX? It doesn’t matter where you land — every corner of the city promises something to win your heart. Lush green spaces, world-class live music and mouthwatering cuisine await. As you plot your move to the Lone Star State, visit our Moving Center, where you can get free quotes and more information.
Rent prices are based on a rolling weighted average from Apartment Guide and Rent.com’s multifamily rental property inventory of one-bedroom apartments. Data was pulled in November 2020 and goes back for one year. We use a weighted average formula that more accurately represents price availability for each individual unit type and reduces the influence of seasonality on rent prices in specific markets.
Population and income numbers are from the U.S. Census Bureau.
Cost of living data comes from the Council for Community and Economic Research.
The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
Published at Thu, 24 Dec 2020 14:00:34 +0000