Downtown Demographics
Downtown Austin is a thriving place with a growing residential population in addition to office workers, students, visitors, conventioneers, and a large evening entertainment population.
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Employees
- 67,000 employees work in the core of Downtown
- 90,000 employees work within 1-mile radius of 6th Street & Congress Avenue
Downtown Business Facts (24K PDF) updated 08/26/08
Residents
- 735,000 City of Austin residents in 2007
- 8,000 residents live Downtown
- 363,000 residents live within 10 minute drive-time of Downtown
- 82% apartment occupancy with an average rent of $1.92 square foot/month in Downtown in 2008
Residents within 1, 3, and 5 miles of 6th and Congress (48K PDF) updated 08/26/08
Downtown Census Tract Information from 2000 Census (268K PDF)
Office
- 8,600,000 square feet of office space
- $31.78 average Class A office rent in 2008
- 86.8% office occupancy in the CBD in 2008
Retail
- 450,000 square feet consisting of mostly bars and restaurants
- 9000,000 square feet is current market demand
Downtown Retail Development Strategy (9.4M PDF)
Downtown Retail Fact Sheet (256K PDF)
Tourism
- 7 million people visit Downtown Austin annually
- $2.84 billion in economic impact generated by visitor spending in 2006
Hotels
- 5,370 hotel rooms located in Downtown Austin
- Hotel occupancy 72.9% in 2008
Hotel Occupancy Historical Data 2001-2009 (44K XLS) updated 01/21/09