Austin and Round Rock Area of Economic Development

Austin and Round Rock Region for Business

Major companies and skilled talent continue to flock to Texas’ capital city and surrounding metro area from across the nation and around the world.

Why do job creators and talent alike continue to seek out this five-county metropolitan area in the heart of Central Texas? Austin’s business climate is truly one-of-a-kind. As one of the fastest-growing areas in the country with no limit in sight, the Austin-Round Rock MSA continues to earn high rankings for talent attraction and business recruitment and retention. Business in Austin is booming. This dynamic area won’t just welcome your business, it will improve it.

Just fifteen miles away from downtown Austin, Round Rock is a thriving metro area that has become a major center for economic development in Central Texas. Home to global companies and thousands of innovative small businesses, Round Rock is a great place to do business. Residents enjoy the conveniences of a big city, plus the close-knit atmosphere of a small community. The city has been recognized for its award-winning park system and school district, while also being one of the safest, most affordable cities in the country.


A group of four employees sits at a table conducting a business meeting.

#1 Tech Town in the U.S (Austin-Round Rock)

Best Colleges 2022
Exterior view of the Silicon Labs building in Austin, Texas.

#1 Best U.S. Cities for Starting a Business (Austin)

The Zebra 2023
A man and woman walk down the sidewalk in front of a coffeeshop in Austin, Texas.

#1 Best Places to Live in Texas (Austin)

U.S. News & World Report 2022-2023
A man carries a coffee cup outside of Royal Blue Grocery in Austin, Texas.

#3 Best Places to Visit in Texas (Austin)

U.S. News & World Report 2022
A man and woman take a selfie on the top floor of a building in Austin, Texas.

#1 Hottest Midsize City Labor Markets (Austin)

Wall Street Journal 2022
The geometric Austin City Hall sits amongst other corporate buildings in downtown Austin, Texas.

#2 Strongest Metropolitan Area Economy in the United States (Austin-Round Rock)

Aerial view of the Austin Capitol building in Austin, Texas.

#2 Best-Performing Large Cities (Austin-Round Rock)

Milken Institute 2022
A man rides his bicycle next to a bus in downtown Austin, Texas.

#1 Best City to Buy a House in America (Austin)

HomeAbroad 2022

Austin-Round Rock Economic Strengths

Learn more about the economic strengths and business advantages that this metro area offers.

Groundbreaking of the Charles Schwab building in Austin, Texas.
A man with a backpack walks downstairs in Austin, Texas.
View of the Austin Capitol building from the street in Austin, Texas.
  • Business Climate
  • Talent
  • Infrastructure
Business Climate
Groundbreaking of the Charles Schwab building in Austin, Texas.

From major corporations to thriving small businesses

Austin’s strong economy is supported by companies across a range of business sectors, from manufacturing to telecommunications.

Major business clusters in the Austin-Round Rock area include business and financial services, defense and security, information technology and telecommunications and manufacturing. Major employers include 3M, Advanced Micro Devices, Amazon, Apple, Applied Materials, Cirrus Logic, Cypress Semiconductor, Dell Technologies, Flextronics International, Hewlett-Packard, IBM, National Instruments, NXP Semiconductor, Pfizer and Samsung Austin Semiconductor.

More recently, Samsung selected their second U.S. semiconductor chip manufacturing facility (the first is in Austin) in the nearby city of Taylor, Texas (28 miles northeast of Austin).

A man with a backpack walks downstairs in Austin, Texas.

An educated, diverse, and growing talent pool

With a strong network of esteemed colleges and universities, Austin-Round Rock supplies companies with skilled talent.

Austin-Round Rock’s higher education institutions include Austin Community College, St. Edward’s University, Texas State University and The University of Texas at Austin. In addition, the Dell Medical School at UT Austin is a top health-focused educational institution.

View of the Austin Capitol building from the street in Austin, Texas.

A central location with abundant resources

In the heart of Central Texas, this area provides access to major roadways for residents as well as logistics and distribution operations.

The I-35 highway supports transportation by car in the Austin-Round Rock area, while the Austin-Bergstrom International Airport offers efficient domestic and international air travel. Major Class I railroad carrier services offer reliable transportation by rail. Austin is also home to a Foreign Trade Zone.