Austin, Texas: The New Middle-Class Capital
Austin has emerged as one of America’s most promising cities for middle-class growth, with median household income rising 23% between 2020 and 2024 according to the U.S. Census Bureau. The tech boom has created thousands of well-paying jobs, while the cost of living remains relatively affordable compared to Silicon Valley. Tesla’s Gigafactory and Apple’s $1 billion campus expansion have generated ripple effects throughout the local economy. Young professionals are flocking here not just for the jobs, but for the lifestyle—think food trucks, live music, and a house you can actually afford. The city’s unemployment rate sits at just…..