Austin's economy is booming, resulting in a rise in both the city's population and home prices. While the number of jobs continues to grow, wages have plateaued, meaning some of Austin's lower income earners have become priced out of owning a home. Renting is often not a solution, as rental prices have also increased.
Here are some fast facts about Austin's growth between 2011 and 2015 (via the U.S. Census Bureau):
- Austin saw 3.1 percent growth annually to its population—nearly 4 times the national average of population growth
- 58 percent of new Austinites moved from within the country
- 189,000 new jobs were created vs. 93,085 new housing construction permits granted
East Austin Has Seen the Largest Rise in Prices
East Austin is a…
Three Austin Schools have made Newsweek's list of America's Top High Schools 2016. In conjunction with Westat, Newsweek compiled the list of the country's best public high schools using the following criteria:
- Students' performance on standardized tests such as state-wide assessments, SATs, and ACTs
- College acceptance and enrollment rates
- Existence of AP, IB, and AICE programs
- Students enrolled in both high school and college courses (dual enrollments)
Here are the three top Austin public high schools that ranked in the country's top 500 schools, as well as information on where to live if you'd like your children to attend these schools!
Westwood High School (#48)
Westwood High School earned the ranking as the country's 48th…
The Dell Medical School is set to revolutionize healthcare in Austin, and Central Texas as a whole. With initial plans to locate a medical campus at UT Austin approved in 2008, the plan was finally brought to life when Travis County voters approved allocating $35 million of annual taxpayer money for the new medical school. Thanks to additional funding from the University of Texas and $50 million in funding from the Michael and Susan Dell Foundation, after whom the school was named, construction began on the new medical school in April 2014.
June 2016 marked the opening of the project's first building, making the Dell Medical School the first medical school in the country to be built completely from scratch at a top tier research university since…
A new project is looking to revitalize the long-neglected Lone Star Brewery in San Antonio. The old brewery, found in Southtown between Lone Star Boulevard and Steves Avenue, hasn't been in operation since 1996. The revitalization project, headed by Aqualand Development and CBL & Associates Properties, looks to transform the brewery's relics into a state-of-the-art mixed-use development with an emphasis on condos, food, shopping, entertainment, and of course, beer.
The new development, scheduled to open in late 2018, is currently known as the "Lone Star Brewery District." Over $300 million is budgeted for the project, which aims to be the go-to cultural gathering spot in Southtown.
Lone Star Brewing District Development Details
While many aspects…