U.S. News and World Reports released their list of The 20 Best Places People Are Moving to in the U.S. with Austin taking the No. 2 spot behind Fort Myers, Florida. U.S Census Bureau data was used to examine the population growth by net migration for the largest metro areas in the United States from 2010 to 2014. They used that information to then rank the top 100 metro areas based on the difference between people relocating there and people moving away. Austin had the second highest net migration rate of 8.86% between 2010-2014 and also ranks highly for desirability and a growing job market.
What Makes Austin one of the Best Cities for Relocation?
Austin was not only named the No. 2 Best Place to Live in the U.S. earlier this year, but also the No. 6 Most Desirable Places to Live by U.S. News and World Reports. Group these with this latest ranking and it goes to show that not only is there a strong desire for people to move here, but they actually are taking action to do so and not leaving. Austin is known for its Keep Austin Weird mentality and attracts a young crowd who move to the city for the unique music and arts scene as well as the rapidly growing tech industry presence. For the past two years, Austin has taken the No. 1 spot among the Best Cities for Startups and Young Entrepreneurs and according to Forbes, Austin remains among the top two or three fastest-growing cities for jobs year after year with employment in the Austin area having expanded 52.3% since 2000.
Relocation and Expected Future Growth
According to new research by American City Business Journals, Austin is expected to grow faster than any other major U.S. city in the next 25 years, nearly doubling in population. Austin’s current population is projected to increase 98.5 percent to reach nearly 4 million by 2040.
Is Austin your Ideal Relocation City?
- Austin Ranks #2 Among Best Places to Live in the US 2016
- Austin Named Best City For Startups And New Entrepreneurs 2016
- Texas Tops Best Places to Live and Work 2016