Sep 13, 2016
Asian-American business boom in Austin mirrors fast-growing community
AUSTIN - Central Texas counted more than 10,000 Asian-American-owned businesses in 2012, according to the most recent Census Bureau data—a 142 percent increase since 2002.The comfortable cost of living, the...
AUSTIN – Central Texas counted more than 10,000 Asian-American-owned businesses in 2012, according to the most recent Census Bureau data—a 142 percent increase since 2002.
The comfortable cost of living, the city’s amenities, the draw of the University of Texas and a strong technology and startup culture have attracted Asian-Americans to live and do business in the area.
But Asian-American business owners say the growth has come despite hurdles that many others don’t face.
Asian-American businesses on average boast annual revenue 19 percent less than Austin businesses overall, according to Census Bureau data.
In This Article
Topics
You might also like
SUBSCRIBE TO OUR
Publications
Receive our economic and housing reports and newsletters for free.