Employment, Income, & Labor Force
| |
| Income, 2006 |
| |
Austin MSA |
Texas |
United States |
| Median household income |
$52,882 |
$44,922 |
$48,451 |
| Per capita income |
27,918 |
22,501 |
25,267 |
| Labor Force, Employment & Unemployment |
| Labor Force, Employment & Unemployment, 2006 |
| |
Labor force |
Employment |
Unemployment |
| Number |
Rate |
| Austin MSA |
831,405 |
797,030 |
34,375 |
4.10% |
| Bastrop Co. |
35,021 |
33,418 |
1,603 |
4.60% |
| Caldwell Co. |
16,620 |
15,812 |
808 |
4.90% |
| Hays Co. |
69,865 |
66,939 |
2,926 |
4.20% |
| Travis Co. |
522,790 |
501,640 |
21,150 |
4.00% |
| Williamson Co. |
187,111 |
179,222 |
7,889 |
4.20% |
| Unemployment Rates |
| |
2003 |
2004 |
2005 |
2006 |
| Austin MSA |
6 |
5.1 |
4.5 |
4.1 |
| Texas |
6.7 |
6 |
5.4 |
4.9 |
| U.S. |
6 |
5.5 |
5.1 |
4.6 |
| Labor Force, Employment & Unemployment |
| Labor Force, Employment & Unemployment, 2006 |
| |
Labor force |
Employment |
Unemployment |
| Number |
Rate |
| Austin MSA |
831,405 |
797,030 |
34,375 |
4.10% |
| Bastrop Co. |
35,021 |
33,418 |
1,603 |
4.60% |
| Caldwell Co. |
16,620 |
15,812 |
808 |
4.90% |
| Hays Co. |
69,865 |
66,939 |
2,926 |
4.20% |
| Travis Co. |
522,790 |
501,640 |
21,150 |
4.00% |
| Williamson Co. |
187,111 |
179,222 |
7,889 |
4.20% |
| Unemployment Rates |
| |
2003 |
2004 |
2005 |
2006 |
| Austin MSA |
6 |
5.1 |
4.5 |
4.1 |
| Texas |
6.7 |
6 |
5.4 |
4.9 |
| U.S. |
6 |
5.5 |
5.1 |
4.6 |
| Employment by Industry |
| Employment by Industry, Austin MSA |
| |
2002 |
2003 |
2004 |
2005 |
2006 |
| Total non-farm |
658,400 |
653,000 |
667,400 |
692,200 |
720,000 |
| Construction, natural resources & mining |
38,200 |
37,400 |
37,700 |
40,200 |
44,500 |
| Manufacturing |
63,500 |
57,700 |
57,400 |
57,300 |
58,600 |
| Wholesale trade |
33,900 |
33,700 |
35,400 |
37,400 |
38,100 |
| Retail trade |
68,300 |
67,800 |
69,100 |
72,700 |
76,000 |
| Transportation, warehousing, |
11,100 |
10,600 |
11,000 |
11,700 |
12,500 |
| & utilities |
| Information |
22,600 |
20,800 |
20,500 |
21,500 |
21,800 |
| Financial activities |
38,000 |
39,500 |
40,000 |
41,200 |
43,000 |
| Professional & business services |
87,200 |
85,600 |
89,100 |
94,100 |
98,700 |
| Educational & health Services |
64,700 |
66,000 |
68,400 |
71,100 |
73,200 |
| Leisure & hospitality |
62,300 |
63,800 |
67,100 |
69,700 |
74,000 |
| Other services |
23,900 |
24,500 |
26,000 |
26,500 |
27,600 |
| Government |
144,800 |
145,600 |
145,800 |
148,900 |
151,900 |
| Recent Announced Locations & Expansions |
| The Austin area was named number one in Expansion Management’s “Top Metros for Future Business Locations” in 2006, calling Austin "the total package" and number one again in 2007 as "The City Where Business Opportunity is Greatest for Growing Companies." These evaluations are based on assessments of 332 metro areas based on criteria used by site selectors in making location recommendations. From a low cost of doing business to affordable home prices, to a lower overall cost of living compared with most of the rest of the country, the Austin region makes financial sense. Our tax structure is fair, user friendly, competitive and designed to make companies feel welcome. |
| Recent announcements to either locate significant new facilities or expand existing operations have been made by: |
| Abbott Spine |
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