Austin has recently witnessed a slowdown in growth, dropping to the 13th largest city and the fourth fastest-growing region in the United States. Factors contributing to this downturn include changes in migration patterns, stalled job growth particularly in the information sector, and affordability issues. Historically attractive features such as a highly educated workforce, culture, and green spaces now face challenges, with new demographics moving in, including older individuals with higher incomes. Ultimately, these shifts have affected who can afford to relocate to the city.
Austin has dipped to the 13th largest city and the fourth fastest-growing region in the country due to changing pull factors affecting migration.
Job growth in Austin has stalled, particularly in the information sector, leading to a decrease in domestic migration.
Affordability issues have transformed a historical pull factor into a push factor, causing potential new residents to reconsider moving to Austin.
Between 2010 and 2020, the growth of Austin's population was predominantly driven by the white demographic.
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