The next major outpost for music in America, and you should be here
It’s the city that gave us Janis Joplin, Willie Nelson, Stevie Ray Vaughan, Roky Erickson, Doug Sahm, Daniel Johnston, Spoon, Gary Clark Jr., and countless other culture- and genre-shifting musicians. It’s the city with the longest-running music show on television, “Austin City Limits.” And it’s the city with two of the most iconic music festivals in the world, South by Southwest and the Austin City Limits Music Festival.
Music Revenue of $1.8 Billion
Austin is the next major outpost for music in America, and you should be here. With annual music revenue of $1.8 billion, Austin is THE place for growth in the commercial music industry. It’s a city that offers the strongest live music scene in the world as a canvas.
Best Place to Live
U.S. News & World Report has named Austin as the best place to live in the United States two years in a row.
Music businesses are flocking here
In 2018, BMI announced the opening of their Austin office for 2019, joining other major music companies including C3 Presents (Live Nation), SXSW, Tunecore, Messina Touring Group (AEG), Scoremore Shows (Live Nation), 888 Management Gold Rush Vinyl and many others.
The Silicon Hills of Austin
The Silicon Hills of Austin are a major tech hub for many companies including: Amazon, Apple, Dell, Facebook, AMD, Adobe, Dropbox and many more.
The economic climate is perfect
- Texas does not have a personal income tax: It is the No. 1 state in the country for business, with an economy so successful that it would have the 10th-largest GDP in the world if it were considered a nation.
- $67.5 Billion Travel Spending: Texas has the third largest share of domestic travel revenue – $67.5 billion generating 568,000 jobs.
- 51 Fortune 500: Fifty-one of the nation’s leading companies base their headquarters in Texas.
- 13 Million Productive Workers: Texas has the second largest civilian workforce in America – 13 million industrious people.
Get More Facts About the Amazing Texas Economy
For more amazing facts about the Texas economy, please visit our friends at the Texas Music Office.