Of the more than one million people employed in Austin, TX, more than 25,000 work in information , and more than 50,000 work in computer and mathematical occupations , according to the Bureau of Labor Statistics (BLS). A recent report on the Austin economy by Wells Fargo found the city's tech sector is the largest driver of economic growth. The area is home to native tech company Dell, but its relatively cheap cost of doing business has also attracted transplants from California. In fact, The New York Times estimates that about one-third of companies that move to Texas started in California.
Austin, TX IT Job Market
Austin, TX is an ideal market for IT job seekers because the employment demand of the city's thriving tech sector far exceeds its supply. In fact, a report by Silicon Valley Bank recently found that tech startups in Texas, largely because of the shortage of IT professionals in Austin, faced the most challenges of any state in finding employees. In the next few years, one in five new IT jobs in Texas will be in Austin. Austin's notable tech companies include:
IT Salaries in Austin, TX
According to InfoWorld, Austin ranks in the top ten highest-paying cities in the United States for IT jobs. The average salary for an IT professional in Austin is $89,680. IT salaries go an especially long way in Austin, thanks to a lower cost of living than most of the U.S. and no corporate or personal income tax at the state level. Here are the average salaries for several common IT jobs in Austin, TX:
Web developers: $70,690
Information security analysts: $90,600
Computer and information research scientists: $119,400