There is a hidden gem in America that often gets overlooked by other coastal cities in this country. It is a great place to raise a family, start a business, or work for a Fortune 500 Technology company. This place that I am talking about is Austin, Texas.
Austin is America’s second Silicon Valley, often referred to as Silicon Hill. Here, you can find technology companies like IBM, Apple, AMD, Samsung, Cisco, Dell, HP and many more. It is one of the fastest growing cities in the United States for the past 5 years with over 100 people moving into the metro area every single day.
As one of America’s top 10 safest cities to live in, Austin thrives on its unique culture of live music, Texas barbeque, and ever growing diversity.
The biggest benefit of living in Texas is that you don’t have to pay income tax.
Housing in Austin is very affordable compared to Silicon Valley in San Jose, California. The median home price in Austin is around $369,000. In San Jose, it is $925,000. In San Francisco, it is $1,200,000.
Of course, as more people are moving into this city and the demand for housing goes up, the prices will naturally move up in the years to come. For now, it is still relatively affordable considering it is the second biggest technology hub in the country.
University of Texas, Austin is the number 1 public university in Texas. It is ranked #22 nationally and #31 worldwide. UT Austin produces some of the world’s top talents. Michael Dell was a UT Austin student when he founded Dell Computers in his dorm room. 2 times NBA Champion and 2 times Finals MVP Champion Kevin Durant was a former student of UT Austin. He also won a championship for the UT Austin basketball team during his freshmen year.
Austin is growing fast. Demand for real estate here has been through the roof in the past 5 years. While real estate in coastal cities often seemed overpriced, Austin provides a great buffer and opportunity for those who want to invest in real estate but lack the unrealistic capital required to purchase a home in places such as Silicon Valley.
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