According to LawnStarter, Austin can expect a 19 percent population increase in the next five years.Wikimedia Commons
Austin is toying with the title “boomtown,” and everyone is curious to know: Is the growth in Austin sustainable? LawnStarter recently released aninfographicto show how much Austin’s metro area will change by 2020 in terms of jobs, education, transportation, and more.
With T-shirts donning phrases like “Welcome to Austin. Please don’t move here. I hear Dallas is great!” we regret to inform you that Austin’s development is by no means slowing down. We took a look at the key findings from LawnStarter’s study. Here’s what to expect in the next five years:
Population Austin should prepare for an almost 19 percent increase in population, rising from an estimated 1.9 million in 2014 to 2.3 million in 2020.
LawnStarter approximates a 35 percent change in economic expansion, noting a $33.2 billion inflation for the economy by 2020.
Jobs In 2015, Austin’s number of jobs is estimated to be 886,620, with a projected 1 million jobs by 2020, making for a 15 percent increase. In addition, downtown is slated for 26 percent job growth with North Austin experiencing 18 percent job growth.
Education The University of Texas is expecting an 8.4 percent enrollment gain by 2020, while AISD surprisingly expects a 2.8 percent decrease, the only negative number on the entire infographic. With more peoplemoving to the suburbs, Leander and Hays school districts expect 19 percent and 26 percent increases, respectively. It should also be noted that 2020 marks the first year students would graduate from UT’s Dell Medical School.
LawnStarter also reports that due to the population acceleration, energy needs will surge, with a shocking 38 percent increase in water usage. The study also mentions the improved transit routes in Austin, including MoPac’s projected 2020 toll lanes opening and the completion of an eight-mile expressway on Highway 183 between 290 and 71.
In other words, get ready to make room for new neighbors, but don't lose sight of what this population boost brings with it — a stronger and more desirable local economy. In addition, you may want to invest in a bicycle: In 2020, at least 20 percent of the Austin area population is predicted to commute by bike.
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"May 16, 2015
We just got back from a grueling house-hunting trip to Austin... I am happy to report, thanks to Michelle Burns, Realtor, Best Agents in Texas, that we are now, officially, doing our part to keep Austin weird! The homeowner in Round Rock accepted our offer - and our 4 screwy pets - so it is off to the Capital of TX next week! Now you all have someone to visit when you come through the only city in America where Willie Nelson could conceivably run things one day... Gotta love it!"