15360
Total Population
Downtown Vitality Index
Downtown Demographics
Data Updated Yearly
37
Median Age
145567
Median Household Income
57
Male Population
43
Female Population
21.4
Non-White Population
Source: U.S. Census ACS 5-Year 2022 Estimates
Pedestrian Counts
YTD 2024 Daily Averages Shown
138387
Total Pedestrian Count
102029
Visitor Pedestrian Count
29699
Employee Pedestrian Count
6629
Resident Pedestrian Count
Source: Placer.ai; Downtown Austin Alliance, Q3 2024
Downtown Development
Q3 2024 Data Shown
5
Recently Completed Projects Year-to-Date
14
Projects Under Construction
27
Planned & Proposed Projects
1109658
Recently Completed Square Feet Year-to-Date
7093536
Square Feet Under Construction
10469393
Planned & Proposed Square Feet
Source: Downtown Austin Alliance, October 2024
Office Market
Q3 2024 Data Shown
21.4
Overall Average Vacancy Rate
53.23
Overall Average Asking Rate
29.2
"Trophy Asset" Average Vacancy Rate
71.63
"Trophy Asset" Average Asking Rate
Source: CoStar, Downtown Austin Alliance, Q3 2024
*Note:”Trophy Asset” Class determined by analyzing properties that were completed after 2010 and under active construction
Residential Market
Q3 2024 Data Shown
3.24
Average Asking Rent Per Square Foot
1.3
Year-Over-Year Asking Rent Growth
87
Occupancy Rate
2.7
Market Concessions
Source: CoStar; Downtown Austin Alliance, Q3 2024
Hospitality & Tourism
Q3 2024 Data Shown
16251729
ABIA Passenger Count Year-to-Date
-0.55
ABIA Passenger Count Year-Over-Year Change (2023 to 2024)
182.23
Downtown Hotel Average Daily Rate (ADR)
58.4
Downtown Hotel Occupancy
Source: City of Austin; CoStar; Downtown Austin Alliance, Q3 2024
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