If you’ve lived in the Austin Texas area for more than 10 years, you know that the ATX area looks nothing like it did in the 1990’s or early 2000’s.
How has the Austin area grown over the last 10 years? Thanks to recent migration stats from Texas National Title we know the following about how many people have migrated to Austin over the last 10 years.
- Annually since 2010, the Austin metro area gains about 30,800 people a year from domestic migration, 7,300 from international migration, and 16,500 from natural increase.
- Austin ranks first among the top 50 largest metros for new residents as a percent of total population.
- The greatest source of new migrants to the Austin metro is other parts of Texas.
- The most significant metro area net contributors to Austin MSA’s annual growth are Houston, Dallas, San Antonio, New York, and Los Angeles.
Census Day is less than a month away and an accurate count of our population is vital to ensure our region receives a fair share of federal funding, congressional representation, and more. Over the last decade, Texas has, by far, added the most population of any state, and Austin is the fastest growing large metro. With Austin’s rapid growth, due to high levels of domestic migration and increasing international migration, the region is dependent on residents responding and insuring our population count is as complete as possible.
Population estimates & net migration
Since the beginning of the decade, the Austin MSA has grown by an average of 55,100 people annually, according to the U.S. Census Bureau’s population estimate program. Much of this growth is attributable to domestic migration, roughly 55.8%, with another 13.2% due to international migration, and 29.4% from natural increase. From 2010 to 2018, the region received a net gain of about 30,800 people annually from other locations in the U.S.
Austin ranks first among the top 50 largest metros for having the greatest share of our total population as new residents. Between 2010 and 2018, Austin added 310,931 net new migrants, or 14.3% of our total 2018 population. Orlando came in second with 13.4% and Raleigh was third with 11.7% of their current population attributed to net new residents. Two other Texas metros also made the Top 10—San Antonio ranked 6th and Dallas was 10thwith 9.5% and 8.5%, respectively.
While domestic migration is the predominate share of migration for Austin, some metros rely mostly on international migration including Miami, San Jose, New York, Washington, Boston, San Francisco. Several metros would have negative migration but for the infusion of international migrants. Austin was 15th out of the 50 largest metros for international net migration as a percent of total population.
Source – Austin Chamber of commerce
Buy Or Sell A Home In Austin Texas
To get started with buying or selling a home in the Austin Texas area contact me today by clicking here.