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
2024 Daily Averages Shown
138387
Total Pedestrian Count
102589
Visitor Pedestrian Count
30191
Employee Pedestrian Count
5766
Resident Pedestrian Count
Source: Placer.ai; Downtown Austin Alliance, Q4 2024
Downtown Development
Q4 2024 Data Shown
5
Recently Completed Projects (2024)
16
Projects Under Construction
25
Planned & Proposed Projects
1109658
Recently Completed Square Feet Year-to-Date
7306536
Square Feet Under Construction
10626393
Planned & Proposed Square Feet
Source: Downtown Austin Alliance, January 2025
Office Market
Q4 2024 Data Shown
21.5
Overall Average Vacancy Rate
57.01
Overall Average Asking Rate
27.7
"Trophy Asset" Average Vacancy Rate
71.58
"Trophy Asset" Average Asking Rate
Source: CoStar, Downtown Austin Alliance, Q4 2024
*Note:”Trophy Asset” Class determined by analyzing properties that were completed after 2010 and under active construction
Residential Market
Q4 2024 Data Shown
3.42
Average Asking Rent Per Square Foot
1.5
Year-Over-Year Asking Rent Growth
85.4
Occupancy Rate
1.9
Market Concessions
Source: CoStar; Downtown Austin Alliance, Q4 2024
Hospitality & Tourism
Q4 2024 Data Shown
19936747
ABIA Passenger Count Year-to-Date
-1.74
ABIA Passenger Count Year-Over-Year Change (2023 to 2024)
307.37
Downtown Hotel Average Daily Rate (ADR)
70.8
Downtown Hotel Occupancy
Source: City of Austin; CoStar; Downtown Austin Alliance, Q4 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