Austin is an amazing and fun city and there are a plethora of reasons to move here - great weather, the food scene and the booming job market are all reasons why people are flocking to Austin in record numbers. Before you pack your bags and load the truck with all of your worldly possessions, here are a few things that you need to know about relocating to beautiful Austin!
Cost of Living
The cost of living in Austin is much lower than many other cities of its size or larger throughout the country, while being a bit higher than some parts of Texas. You’ll find things like utilities and groceries are about average with other American cities, but home prices are much more affordable than what you will find in other cities. Healthcare is below average cost compared to other cities, while transportation costs can be lower than other large metros on the coasts. Overall, you’ll find it much more affordable than other cities such as New York, Los Angeles or even Chicago.
Perhaps the best part of Austin is the beautiful weather. If you aren’t a fan of cold weather, then you are in luck as more than half the year , the temperature is above 80 degrees. While that heat may seem to be a downside, we assure you that there are plenty of cool outdoor activities that make summer warmth worth it! Lakes are abundant in the Austin area and you’ll find a variety of shaded spots in the numerous parks throughout the city.
It’s likely that you’ve looked into moving to Austin because of the perspectives for job growth or you are employed by one of the many companies that are making Austin their new home. Austin’s job market is teeming with employment opportunities in technology, healthcare and much more. Even during the pandemic, job growth has been steady in the Austin area.
Entertainment and Food
Of course, Austin is known for its huge festivals like Austin City Limits and amazing restaurants, but we also have some of the best parks and recreational areas in Texas. Not far from the city, you can find the beautiful Hill Country and Lake Travis. Our public spaces offer just about every outdoor activity imaginable! Hiking, swimming, wildlife viewing and botanical gardens are all available at one of our many parks.
Austin has an ever improving bus line and rail routes. Like other cities, Uber and Lyft rideshares abound and we’ve added bike sharing through Metrobike Austin. Metrobike offers more than 200 e-bikes for rental at stations all over the city. While traveling by car can take some time, it doesn’t compare to larger cities.
Austin’s housing market is predicted to be the hottest in the country for 2021. While this does mean that competition is tight for finding a home, you’ll find home prices to be very affordable compared to homes on either side of the country. Here at United Heritage, we’ve expanded our mortgage programs during the past year and we are offering some of the lowest interest rates in our more than 60 year history. Our loan specialists are experts at helping you through the home buying process with Austin-specific guidance. Our local knowledge is second to none, and we’re ready to help you make Austin your new home!
If you do decide to make the move to Austin, United Heritage is ready to help with whatever you might need - from home and auto loans to checking and savings accounts. We'd love to be your new home for banking.