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A Demographic Snapshot of Austin Hispanic Golf Network September 18, 2015 Ryan Robinson City Demographer Planning & Development Review Department Slide 2 1.A continuation of robust job and population growth. 2.A massive collapse in Austins overall affordability is well underway. 3.Austin is still a mecca for millennials but is also now an emerging destination for retirees. 4.Political landscapes continue to evolve. Snapshot Takeaways A Demographic Snapshot of Austin Presentation for the Hispanic Golf Network Ryan Robinson City Demographer City of Austin Slide 3 Austin is an open city. Austin is an international immigrant gateway. Austins cultural vibrancy has become one of our biggest economic development engines. Austin is a magnet for entrepreneurs. Austin is a well-educated city. Austin is a tolerant city. Austin exists within a unique physical environment. Slide 4 Williamson Travis Bastrop Caldwell Hays Slide 5 Slide 6 Las Vegas Phoenix 10 Fastest Growing Metro Areas, 2013 to 2014 DFW Denver Houston Austin Raleigh Orlando Nashville San Antonio Slide 7 Job growth is what its all about metropolitan Austin job creation is running at about 3.0% (thats roughly 30K new jobs each year). Forbes indicated in 2014 that Austins economy had the most momentum of any metro in the country. Unemployment hovers around 4.0%, state of Texas at 4.6% and the nation at 5.6%. Almost all Sectors are expandingbut most current growth coming from Services, Logistics and Construction. A Demographic Snapshot of Austin Slide 8 1.A continuation of robust job and population growth. 2.Diversification may be slowing. 3.A massive collapse in Austins overall affordability is well underway. A Demographic Snapshot of Austin Slide 9 9th Source: 2011 US Census ACS 1-year estimates, Table B25064 Slide 10 11th Source: 2013 US Census ACS 1-year estimates, Table B25091 Slide 11 Slide 12 Slide 13 1.A continuation of robust job and population growth. 2.Diversification may be slowing. 3.A massive collapse in Austins overall affordability is well underway. 4.Austin is still a mecca for millennials but is also now an emerging destination for retirees. A Demographic Snapshot of Austin Slide 14 Slide 15 DATA SOURCE: 2007 American Community Survey Data, Table B19113, US Census Bureau. Slide 16 Slide 17 Charlotte Atlanta Metro Areas with Fastest Growing Senior and Pre-Senior Population, 2000 to 2010 DFW Colorado Springs Pre-Seniors (age 55 to 64) Seniors (age 65 Plus) Houston Austin Raleigh Las Vegas Salt Lake City Boise Madison Albuquerque Riverside Portland Slide 18 Slide 19 8.0% of 1.8 million, or 140K 18% of 3.9 million, or 700K Slide 20 1.A continuation of robust job and population growth. 2.Diversification may be slowing. 3.A massive collapse in Austins overall affordability is well underway. 4.Austin is still a mecca for millennials but is also now an emerging destination for retirees. 5.Stubborn socioeconomic separations may be getting worse. 6.Political landscapes continue to evolve. A Demographic Snapshot of Austin Slide 21 Slide 22 Slide 23 Slide 24 Slide 25 Slide 26 Slide 27 Slide 28