First quarter 2007 statistics were just recently released. The view and the data continue to suggest Austin Texas as a hot spot for future steady growth. According to the Bureau of Labor and Statistics, the unemployment rate in Austin through the first quarter of 2007 was 4.00% compared to the national average of 4.67% with job growth of 3.83%. Future job growth over the next ten years is predicted to be 12.70% - Perryman Report
The Austin sales tax rate is 8.25% which is inline with the national average. Of course a big draw for the great state of Texas is the income tax rate of a whopping 0.00%.
Austin income per capita is $27,070, which includes all adults and children. The median household income is $47,710.
Below is a list of Top Employers in Austin Texas as of January 1st 2007:
1.The State of Texas- 65,688 employees
2.Dell Computer Corporation- 17,000 employees
3.The University of Texas at Austin- 13,577 employees
4. Austin Independent School District- 10,714 employees
5. U.S. Government- 10,624 employees
6. City of Austin- 10,000 employees
7. Seton Healthcare Network- 7,538 employees
8. IBM Corporation- 6,200 employees
9.St. David's Healthcare- 5,712 employees
10. Freescale Semiconductor(formerly Motorola's Semiconductor Products Sector)- 5,600 employees
11. U.S. Internal Revenue Service- 4,728 employees
12. Round Rock Independent School District- 4,400 employees
13. Travis County- 4,000 employees
14. Austin Community College- 3,285 employees
15. Solectron Texas- 2,900 employees
16. Leander Independent School District- 2,800 employees
17. Brackenridge Hospital/Children's Hospital- 2,537 employees
18. Applied Materials- 2,500 employees
19. AT&T Communications- 2,400 employees
20. AMD (Advanced Mico Devices) - 2,300 employees
21. Seton Medical Center - 2,112 employees
22. National Instruments- 2,058 employees
23. Texas State University- San Marcos- 1,995 employees
24. Girling Health Care- 1,956 employees
25. Pflugerville Independent School District- 1,800 employees