Business and Economic Information

San Antonio, the seventh largest city in the nation and is expected to grow at an annual pace of about +4.1%.

The strength of the city’s economic structure is its diversity, which is as varied as the San Antonio’s cultural makeup.  While traditionally known for its tourism/convention business and large military presence, San Antonio has shed its two-dimensional label and today has multiple industries driving its economy.  This has resulted in the greater San Antonio area having one of the most robust economies in the country.  The city’s growth industries include:

  • Aerospace
  • Financial Services
  • Government and Military
  • Healthcare & Biosciences
  • Hospitality & Entertainment
  • Information Technology and Cybersecurity
  • Manufacturing
  • Transportation and Logistics

Industry economic impacts studies are available here.

Despite the national economic downturn, the unemployment rate in San Antonio was at 6.5% in July of 2013.  There are more than 900,000 people in the workforce for the metropolitan statistical area, working in more than a dozen employment sectors.

Business Friendly

The City of San Antonio has been ranked one of the best places to do business in the nation. This is due largely to a low cost of doing business due to low cost of real estate and low utilities. Our region also has a well equipped and growing workforce, many opportunities for training and workforce development, and a renowned quality of life for families.  Plus:

  • The cost of utilities for water and power are 20% less than the national average
  • San Antonio has a 90.3 Cost of Living Index according to ACCRA (1st Q 2013)
  • Fiber optic and digital switching infrastructure spread throughout the entire city

(Source: Council for Community and Economic Research)

Low cost of living

The Real Estate Center at Texas A&M University reports that the majority of the homes sold in San Antonio were in the $120,000 to $139,999 price range, approximately $50,000 less than similar homes in other markets.

If you would like a personalized calculation/comparison of the cost of living differences between San Antonio and your city, email your request by clicking here

For an up to date analysis of median cost of housing and other ideas on where to find your next home, visit the San Antonio Board of Realtors Homepage (click here).

View a detailed map of San Antonio here.

 

 

 

 

 Demographics

  • Population of San Antonio: 1,382,951
  • Population of Bexar County: 1,785,704
  • Metro Area:  2,133,533
  • Median Age =  34.1 years
  • Average Income = $61,635
(Source: US Census, 2010) 

Jobs in San Antonio

  • Unemployement = 6.5%  in July 2013 (Texas Workforce Commission, not seasonally adj.)
  • Annual job growth (July 2011 - 2012) = 1.4%
  • Largest employers include healthcare and biosciences, financial services, manufacturing, education, government/military.
  • Fastest growing sectors recently for jobs includes mining/lodging (related to the Eagle Ford Shale), manufacturing, information technology, government and other services.

Visit our Job Bank here

Education in San Antonio

Find local school districts and Colleges/Universities here.

Community Partners

More economic information and resources are available here through our partners, and at the city and county web sites.

 

Page Resources

Greater San Antonio Chamber of CommercePrint Friendly Page

Greater San Antonio Chamber of Commerce

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