It’s no wonder why Austin continues to make top rankings among the fastest-growing cities. There are estimates that show that up to 150 people are moving to Austin daily. In a ranking from U.S. News & World Report, Austin is the second-most popular place that people are moving to in the U.S.
Devon Thornsby, author of the article that accompanies the “The 20 Best Places People Are Moving to in the U.S.” by U.S. News, wrote that what makes a city a great place to live isn’t just about where people wished they lived. A great place to live is also a place where people are actively choosing to live. Austin earned a top spot on the list due to the influx of people who are moving to Austin daily.
U.S. News created the list of Best Places People are Moving to in the U.S. by examining population growth by net migration for the 100 largest metro areas in the U.S. The date range was narrowed down to between 2010 and 2014. Data was based on U.S. Census Bureau Data. The overall ranking was based on the number of people who to a city versus the number of people who moved away.
Why People are Moving to Austin
According to a report on “The 20 Best Places People Are Moving to in the U.S.” by U.S. News, Austin has grown 8.6 percent between 2010 and 2014 due to net migration alone. A healthy jobs market, robust lifestyle and general affordability are popular reasons people are moving to Austin. In fact, Austin also ranked as the second-best place in the U.S. to live.
In the Best Places to Live ranking, Austin scored highly for a healthy job market, quality of life and overall value. Austin also offers a world-famous music scene, a multitude of outdoor activities and rich cultural scene. The lack of a state personal or corporate income tax make affordability much easier in Austin than in most other major U.S. metros.
Metro Population: 1,835,016
Median Home Price: $240,000
Median Annual Salary: $48,150
Net Migration Rate from 2010 to 2014: 8.86 percent
Read more about living in Austin.