Austin is a very large city located in the state of Texas. With a population of 974,447 people and 258 associated neighborhoods, Austin is the fourth largest community in Texas. Austin home prices are not only among the most expensive in Texas, but Austin real estate also consistently ranks among the most expensive in America.Austin is a decidedly white-collar city, with fully 87.44% of the workforce employed in white-collar jobs, well above the national average. Overall, Austin is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Austin who work in management occupations (14.46%), sales jobs (9.68%), and office and administrative support (8.87%). Also of interest is that Austin has more people living here who work in computers and math than 95% of the places in the US. Of important note, Austin is also a city of artists. Austin has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Austin’s character. One interesting thing about the economy is that relatively large numbers of people worked from their home: 22.88% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. If knowledge is power, Austin is a pretty powerful place. 56.46% of the adults in Austin have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Austin in 2018 was $54,673, which is wealthy relative to Texas and the nation. This equates to an annual income of $218,692 for a family of four. However, Austin contains both very wealthy and poor people as well. Austin is an extremely ethnically-diverse city. The people who call Austin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Austin residents report their race to be White, followed by Asian. Austin also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 32.55% of the city’s residents. Important ancestries of people in Austin include German, English, Irish, Italian, and European. Foreign born people are also an important part of Austin's cultural character, accounting for 18.30% of the city’s population. The most common language spoken in Austin is English. Other important languages spoken here include Spanish and Langs. of India.
