Recently a report on the biggest economic centers in the country revealed some of the factors that are driving Austin's economic growth.
Innovation
110.8: Patents per 100,000 people — more than four times the U.S. average
$191: Per-capita funding from the National Science Foundation and National Institutes of Health, slightly above the U.S. average
$409: Venture investing per capita, 4.6 times the U.S. average
4.9: Research and development workers per capita: 119.5 percent of the U.S. average
Education
39.1%: Adults with bachelor's degrees, almost 1.5 times the U.S. average
13%: Adults with graduate degrees, 130 percent of U.S. average
41.7%: Newcomers with bachelor's degree: 110.6 percent of U.S. average
Employment
$43,083: Average annual wage, 107.3 percent of U.S. average
732,676: Total metro-area jobs, 39th among the 100 cities studied
73.2%: Employment rate, 104.5 percent of U.S. average
Infrastructure
2.5: Airplane boardings per capita, right at the U.S. average
79.8: Public transit miles per capita, about half the U.S. average
75.2%: Residents who live in high-broadband areas, 132.2 percent of U.S. average.
Most data is from 2005 Source: Brookings Institution Metropolitan Policy Program
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