ALEX Labs just completed analysis of Rent Cafe‘s report on Millionaire and High-Income Renters. Austin is no. 1 in Texas and no. 5 in the US with the biggest increases in high-income renters. Between 2015 and 2020, Austin had a 130% increase in the number of high-income renters. There were 7,753 in 2015 and there were 17,838 in 2020.
SEATTLE IS #1
“…high-income renters nearly tripled in Seattle (169%) compared to 2015, making it the nation’s fastest-growing area for affluent renters…17% of renter households have an income of over $150,000…number increased from 12,305 to 33,111 in just five years — thanks, in part, to a healthy and diverse job market…Amazon and Microsoft, are fueling the employment needs…along with a booming biotech industry. Despite this, not even well-off Seattleites could keep pace with the growth of home prices in the last 5 years: 58%…”
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Austin Properties for Rent or Lease
ALEX’s business model is very different. ALEX Agents and Brokers focus on clients not property type or location. They manage all client real estate transactions. Any type Any size. Almost any location. More information.
FOR MORE INFORMATION
Diane Hart Alexander, MBA, MHA, Broker CEO
Alexander Tiffany Southwest dba ALEX.realestate
Chairman, ALEX Cares
v 713.591.9902
o 713.918.9951
e diane@alex.realestate
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