New Austin Statistics
Date Added: February 14, 2011
Author: Beth Kanter
Last week brought the release of 2009 estimates (before the release of the actual Decennial Census) from the U.S. Census Bureau’s American Community Survey (ACS). Here’s a sampling of findings from the 2009 ACS for the 5-county Austin Metropolitan Statistical Area that may be helpful in your presentations about Austin. More information is available from the Chamber of Commerce.
Education: Austin is ranked fourth in the nation for the percent of the population aged 25 and over with a bachelor’s degree or higher. Out of 1,096,413 residents over 25 years or older, Austin has 38.7% with at least a bachelor’s degree compared to 27.9% nationally, beating out Denver, Seattle and New York. The population enrolled in college or graduate school is 148,329 or 31.2%, compared to 27.9% nationally.
Population: Austin has the highest in-migration of population out of the 50 largest metropolitan areas with 6.9% of the population have moved from a different metro or non-metro area in the last year. The Austin MSA Population is estimated at 1,705,075 and households at 614,047. The population over 65 is estimated at 134,124 or 7.9%, compared to 12.9% nationally. The Hispanic population is 30.7% compared to 15.8% nationally. Foreign-born total 249,240, or 14.6%, compared to 12.5% nationally. A larger portion of these are not naturalized (71.3%) compared to the nation (56.3%). Median age is 32.4 years, compared to 36.8 years nationally.
Income: Median earnings for a male full-time, year-round worker is $44,881, 1.3% below the national earnings. Median earnings for a female full-time, year-round worker is $38,025, 7.0% above the national earnings. Median household income is $56,218 compared to $50,221 nationally. Management and professional occupations account for 42.1% of jobs held by the civilian employed population, compared to 35.7% nationally.
Real Estate: The median value of an owner-occupied home is $189,300 compared to $185,200 nationally. Renters pay a median rent of $909, compared to $842 nationally.
For more information please visit www.platinumrealtyaustin.com