Forbes magazine rated Austin, Texas as the third best place for business and career, making the economic and professional outlook in the Austin-San Marcos area one of the best in the nation. The median per capital personal income is $32,494 -- 98% of the national average. The Austin area is hot spot for country and western musicians, and gained the added reputation of being involved in the dot-com boom. Today, the top industries are:
- The University of Austin, Texas
- Dell Computer Corporation
- Austin Independent School District
- Motorola, Inc.
- Seton Healthcare
- IBM Corp.
Investment capital in Austin is abundant, making the region one of the top targets for venture capital investment in the United States. The top five areas sectors luring investments are:
| Software | $130,755,100 |
| Semiconductors | $92,077,800 |
| Computers and peripherals | $40,449,000 |
| IT Services | $38,820,000 |
| Electronics/instruments | $25,542,000 |
With so much economic diversity, it is easy to see why Austin-San Marcos is a popular place to live. Since 1969 this area has grown almost 11% per year and at a rate 45% higher than the national average.
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