Austin, the Texas’s capital and home to about 967,000 people, is renowned for its thriving culture, mouthwatering cuisine, and stunning outdoor areas. One of the fastest-growing cities in the US, the city also has a rapidly expanding population. The city’s robust job market and high quality of life are just two of the reasons for the influx of new residents. Major tech firms like Apple, Dell, and IBM as well as a thriving startup scene can be found in Austin.
By July 1st, 2023, Austin’s population will rise to 983,259, based on our research. Since the US Census Bureau typically releases estimated population data for the same time period, we use the first of July every year. Based on an average growth rate of 1.71% over a period of 11 years, the calculation was made. We think that using figures from recent years will improve the estimation’s accuracy (see the table in the section below).
Population Growth of Austin
Based on the table provided below, it’s clear that Austin has seen consistent population growth over the past decade. The table shows a growth rate of 1.51% in 2012, 1.33% in 2013, 1.93% in 2014, 0.73% in 2015, and so on. The average growth rate over the years is around 1.9%.
It’s worth noting that the growth rate seems to have slowed down in recent years, with a peak of 4.47% in 2017, then slowing down to 1.09% in 2019, 0.21% in 2020, 0.41% in 2021, and 0.32% in 2022. This could be due to the challenges caused by the COVID-19 pandemic, which could have affected migration, birth, and death rates. Despite this, Austin remains a popular destination for people looking to live, work, and raise a family, which is reflected by the population growth over the years.
Demographics of Austin
Austin is a multicultural city with a diverse population that spans many different demographics. The majority of people in Austin are white (48.7%), followed by Hispanic or Latino (35.1%), African American (8.1%), and Asian (6.3%), according to data from the U.S. Census Bureau. People who identify as belonging to two or more races make up a sizeable portion of the city’s population (2.8%).
With a median age of 32.5 years old, the population of Austin is relatively young. With 27.9% of the population in the city being between the ages of 25 and 34, millennials are also a sizable portion of the population.
The city’s population is also well-educated, with over 44% of residents having a bachelor’s degree or higher. This is significantly higher than the national average of 30%.
The median household income in Austin is $71,000, which is a comparatively high level. But there is also a sizable income gap, with almost 20% of the population living below the poverty line. Additionally, over 10% of Austin’s population is foreign-born, and that number is rising. The largest immigrant populations originate in Mexico, India, China, and Vietnam.
Population Density of Austin
Population density is a measure of the number of people per square mile in a given area. According to the US Census Bureau, as of 2020, the population density of Austin, Texas, is approximately 1,101 people per square mile. This makes Austin less densely populated compared to other major cities in Texas, such as Dallas, Houston, and San Antonio.
It’s important to remember that a city’s population density can vary significantly, with some areas being denser than others. The population density of a specific area can be influenced by elements like proximity to employment opportunities, transportation, and amenities.
Facts About Austin
- Austin is the capital city of Texas and the 11th most populous city in the United States.
- The city has over 300 parks and green spaces, including the popular Zilker Park and Lady Bird Lake.
- Austin is home to a number of cultural institutions, such as the Austin Museum of Art and the Bullock Texas State History Museum.
- The city has a number of historical sites, such as the Texas State Capitol, the Governor’s Mansion, and the Lyndon B. Johnson Presidential Library.
- Austin is known for its delicious food and vibrant food truck scene, and hosts a number of renowned food festivals.
- The city is home to the University of Texas at Austin, which is one of the largest public universities in the United States.
- Austin is a top destination for tech talent and has been dubbed the “Silicon Hills”
- Austin is home to the annual South by Southwest (SXSW) festival, which includes film, interactive media, and music components.
- Austin is home to numerous outdoor recreational opportunities, such as hiking, biking, and kayaking.
The following links provide data for this topic:
- U.S. Census Bureau: https://www.census.gov
- Texas Government: https://texas.gov/
- Austin City Government: https://www.austintexas.gov/