News
Why Everyone Moved Here from Westchester County, NY
January 28, 2015
Bisnow Archives
Westchester County, NY, used to compare itself to Travis County, but thanks to affordable housing here, we've blown it out of the water. According to a study by Community Housing Innovations, Travis County is benefiting from a huge boom of in-migration--in 2000, we had 100,000 fewer residents than Westchester, but now we boast 140,000 more. The big draw: 27% of Austin-area homes for sale are affordable for a family of four making the median income. Folks leaving Westchester took $536M of taxable income with them from 2006-11, while Travis showed a net gain of $2.1B in taxable income over those same six years.
