132,000
Downtown Employees
Where energy meets opportunity.
Downtown Austin offers an unmatched blend of culture, connectivity and commerce — making it the ideal place to launch, grow, or relocate a business. With access to top talent, world-class amenities, and a dynamic mix of residents, workers, and visitors, downtown provides the visibility, vibrancy, and infrastructure businesses need to thrive. Whether you’re a startup, retailer, or global firm, downtown is where energy meets opportunity.
Interested in joining the vibrancy of our downtown?
Downtown Demographics
Data Updated Yearly
37
Median Age
171,935
Median Household Income
81.6
Residents with a Bachelor's Degree or Higher
236,396
Median Resident Net Worth
Source: Esri (2025), 78701 Zip Code
Pedestrian Counts
Q2 2025 Daily Averages Shown
163170
Total Pedestrian Count
111170
Out-of-Market Visitors
38980
Inbound Commuters
13020
Resident Pedestrian Count
Source: Placer.ai; Downtown Austin Alliance, Q3 2025
Downtown Development
Q3 2025 Data Shown
12
Recently Completed Projects (2024 & YTD 2025)
8
Projects Under Construction
21
Planned & Proposed Projects
4396253
Recently Completed Square Feet (2024 & YTD 2025)
3393243
Square Feet Under Construction
8765600
Planned & Proposed Square Feet
Source: Downtown Austin Alliance, October 2025
Office Market
Q3 2025 Data Shown
22.3
Overall Average Vacancy Rate
60.21
Overall Average Asking Rate
28.3
"Trophy Asset" Average Vacancy Rate
64.78
"Trophy Asset" Average Asking Rate
Source: CoStar, Downtown Austin Alliance, Q3 2025
*Note: “Trophy Asset” Class determined by analyzing properties that were completed after 2010 and under active construction
Residential Market
Q3 2025 Data Shown
3.66
Average Asking Rent Per Square Foot
4.3
Year-Over-Year Asking Rent Growth
88.7
Occupancy Rate
2.3
Market Concessions
Source: CoStar; Downtown Austin Alliance, Q3 2025
Hospitality & Tourism
Q3 2025 Data Shown
14137772
ABIA Passenger Count, 2025 YTD
-3.08
ABIA Passenger Count Year-Over-Year Change, 2024 to 2025 YTD
255.54
12 Month Downtown Hotel Average Daily Rate (ADR)
65.3
12 Month Downtown Hotel Occupancy
Source: City of Austin; CoStar; Downtown Austin Alliance, Q3 2025
Austin Event Attendees
512722
SXSW 2024 Total Participants
440000
F1 2024 Attendees (Estimate)
450000
ACL Fest 2024 Attendees (Estimate)
Source: South by Southwest 2024 Economic Impact Report, F1 2024 Estimated Attendance (Media Sources), Austin City Limits 2024 Economic Analysis