15330
Total Population
Downtown Vitality Index
Downtown Demographics
Data Updated Yearly
41
Median Age
151629
Median Household Income
57
Male Population
43
Female Population
24.9
Non-White Population
Source: U.S. Census ACS 1-Year 2023 Estimates
Pedestrian Counts
2024 Daily Averages Shown
138546
Total Pedestrian Count
102589
Visitor Pedestrian Count
30191
Employee Pedestrian Count
5766
Resident Pedestrian Count
Source: Placer.ai; Downtown Austin Alliance, Q1 2025
Downtown Development
Q1 2025 Data Shown
7
Recently Completed Projects (2024 & YTD 2025)
13
Projects Under Construction
27
Planned & Proposed Projects
1156574
Recently Completed Square Feet
6632922
Square Feet Under Construction
11538073
Planned & Proposed Square Feet
Source: Downtown Austin Alliance, April 2025
Office Market
Q4 2024 Data Shown
21.8
Overall Average Vacancy Rate
57.25
Overall Average Asking Rate
29.6
"Trophy Asset" Average Vacancy Rate
73.24
"Trophy Asset" Average Asking Rate
Source: CoStar, Downtown Austin Alliance, Q1 2025
*Note: “Trophy Asset” Class determined by analyzing properties that were completed after 2010 and under active construction
Residential Market
Q1 2025 Data Shown
3.44
Average Asking Rent Per Square Foot
2.7
Year-Over-Year Asking Rent Growth
87.3
Occupancy Rate
3.3
Market Concessions
Source: CoStar; Downtown Austin Alliance, Q1 2025
Hospitality & Tourism
Q1 2025 Data Shown
21762904
ABIA Passenger Count, 2024
-1.51
ABIA Passenger Count Year-Over-Year Change (2023 to 2024)
257.24
12 Month Downtown Hotel Average Daily Rate (ADR)
66.7
12 Month Downtown Hotel Occupancy
Source: City of Austin; CoStar; Downtown Austin Alliance, Q1 2025
Austin Event Attendees
512722
SXSW 2024 Total Participants
432000
F1 2023 Attendees (Estimate)
450000
ACL Fest 2023 Attendees (Estimate)
Source: South by Southwest 2024 Economic Impact Report, F1 2023 Estimated Attendance (Media Sources), Austin City Limits 2023 Economic Analysis