Business and Economic Information
San Antonio, the seventh largest city in the nation, with a population of 1.3 million people is one of the fastest growing cities in the nation.
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:
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Aerospace
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Financial Services
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Government and Military
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Health Care & Bioscience
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Hospitality & Entertainment
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Information Technology
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Manufacturing
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Telecommunications
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Transportation & Logistics
Industry economic impacts studies are available here.
2009 - 1st Quarter Forecast Report
Despite its unprecedented growth, the unemployment rate in 2008 averaged 4.6%. 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 made obtaining your city lisences, permits, certificates of occupancy, and other business documents easy, by having everything you need available at the Cliff Morton Development and Business Service Center. This "One Stop" center is a place where you can activate your utilities, submit platt appliations and apply for zoning changes. Many of these can be accessed online. Plus:
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The cost of utilities for water and power range around 20% less than the national average
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Leaders have invested $450 million on road infrastructure
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Fiber optic and digital switching infrastructure spread throughout the entire city
(Source: San Antonio Economic Development Foundation)
Low cost of living
San Antonio residents enjoy a cost of living that is consistently one of the lowest among U.S. cities with populations of 1 million or more. Of special note is the low cost of housing.
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.
Affordable housing - Home prices in San Antonio run 23.4 % below the national mean.
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$147,800 = Median price for single-family homes
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1,761 = single-family home sales, a 2% increase from August 2008
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There are approximately 11,600 homes on the market, which is about an 8-month inventory.
(Source: San Antonio Board of Realtors, August 2009)
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San Antonio has the 12th lowest unemployment rate of U.S. Large Metro Cities, and the lowest in Texas.
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Unemployement = 7.0% in August 2009 (Texas Workforce Commission, not seasonally adj.)
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Visit our Job Bank here
San Antonio has the 5th best labor market in the nation, according to Manpower, Inc. (March 2009). Read the story here.
San Antonio ranked first in the nation in economic performance by The Brookings Institute. Read the story here.
Go to a MAP of San Antonio here. (provided by MapQuest)
Demographics
Request a personalized demographics report for a specific area by contacting us here.
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San Antonio Population: 1,328,984
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San Antonio MSA estimate: 2,031,445
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Estimated population by 2025: 2,658,737
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Median Age = 33 years
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Median Income = $42,948
(Source: US Census, July 2008 est.)
Jobs in San Antonio
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Unemployement = 7.0% in August 2009 (Texas Workforce Commission, not seasonally adj.)
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Visit our Job Bank here
San Antonio has the 5th best labor market in the nation, according to Manpower, Inc. (March 2009).
Read the story 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.
San Antonio Relocation Information
Click here to order your copy of our relocation guide; all you pay is postage.
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