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Nov 7, 2017

Austin Moody’s top contender for Amazon’s second HQ

​​​WALTHAM, Mass. – Moody's Analytics has put Austin at the top of its list of most likely locations for Amazon's second headquarters.According to Pro Teck Valuation Services, "In addition to 'looking for...
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Pro Teck Valuation Services

​​​WALTHAM, Mass. – Moody’s Analytics has put Austin at the top of its list of most likely locations for Amazon’s second headquarters.

According to Pro Teck Valuation Services, "In addition to ‘looking for a metro area with more than one million people and a stable and business-friendly environment with the potential to attract and retain strong talent,’ Amazon is also reportedly weighing several other key decision drivers, such as: presence and support of a diverse population, an overall high quality of life and a strong university system — attributes that are all present in Seattle, home to Amazon’s original headquarters.

"In Amazon’s current hometown, 35 percent of the population over 18 has a bachelor’s degree or higher. Comparatively, 36 percent of Austin’s population over 18 has a bachelor’s or higher degree."

​Of the ten metros listed as contenders, Austin and Atlanta are the two hottest housing markets. Average Austin home price is $310,000.

Other metros on the list are Atlanta; Philadelphia; Rochester, N.Y.; Pittsburgh; New York; Miami; Portland, Ore.; Boston; and Salt Lake City.

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Written by
Pro Teck Valuation Services
Last updated
Mar 28, 2024

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