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 05/17/10

Residents - 2010

  • 1,752,938 in the Austin-Round Rock MSA
  • 785,850 in the City of Austin
  • 9,500 Downtown residents
  • 363,000 residents live within a 10-minute drive of Downtown
  • 93.7% stabilized apartment occupancy with an average rent of $1.85 square foot/month in Downtown (Source: Capitol Market Research December 2009)

    Residents within 1, 3, and 5 miles of 6th and Congress (48K PDF) updated 05/17/10

    Downtown Census Tract Information from 2000 Census (268K PDF)

Office

  • 8,400,000 square feet of office space
  • $33.12 average CBD office rent
  • $36.73 average CBD Class A office rent
  • 84.3% CBD office occupancy

Source: Capitol Market Research June 2010

 

Retail

  • Currently, Downtown Austin has 1,747,340 square feet of retail, including bars and restaurants (February 2010).
  • 2008 total gross sales for zip code 78701 totaled $421,000,000 and are on an upward trend (latest available data from State of Texas Comptroller is 2nd Quarter 2009).

Tourism

  • 7 million people visit Downtown Austin annually
  • $2.84 billion in economic impact generated by visitor spending in 2006 (Source: Global Impact study for the Austin Convention & Visitors Bureau)

 

Hotels