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Top 5 Reasons to Start a Business
- Consumer money abounds – The median household income in Austin is about $59,221 – higher than in Texas ($50,043) and the United States ($52,029). The percentage of households with an income higher than $75,000 (38.8%) is also higher than the national average (33.4%).
- Austin supports its own – Locally owned businesses get endless support from Austinites and visitors alike. Several groups exist solely to support local business, and proud Austinites share their local favorites with newcomers.
- Events to sponsor and give back – Festivals ranging from SXSW to the Zilker Kite Festival, community runs like Race for the Cure, and community service events like the Lake Travis Underwater Clean-Up offer sponsorship opportunities for local businesses while giving back to the community.
- Everyone is welcome – From small mom-and-pops to huge high-tech companies to homegrown grocery stores, Austin holds the opportunity for a variety of successful businesses. With such a assortment of characters among the population, each business is sure to find its supporters.
- Networking – A plethora of professional associations, ambitious social organizations, and a general feeling of community spur networking opportunities around every corner. There are groups just for women, university and fraternity/sorority alumni associations, church-sponsored business groups and many more.
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