Moving a Business to Austin

Between 2020 and 2023, over 150 companies relocated their headquarters to Austin. But the city is changing fast. Is it still the right move?

The Pros

• Zero corporate income tax (though there is a gross receipts margin tax).
• Zero personal state income tax.
• Deep talent pool anchored by UT Austin.

The Cons

• Housing affordability has cratered; median home prices spiked over 40% between 2020 and 2022.
• Property taxes are among the highest in the nation (often 2.2% - 2.8% of assessed value).
• Traffic and infrastructure strain.