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Michael Dell, Kendra Scott and Whitney Wolfe Herd are among entrepreneurs based in Austin. (Dell/Kendra Scott/Bumble)
Michael Dell, Kendra Scott and Whitney Wolfe Herd already know: Austin is one of the top cities in the world for entrepreneurial success.
Austin ranks 11th among 75 international cities and sixth among U.S. cities, according to a new index from the e-commerce support platform Oberlo, which considered categories from infrastructure to financing.
Austin's ranking varied widely across categories. It outperformed in access to global markets (fourth overall), support systems available for female founders (seventh) and government COVID relief (seventh), according to the index. It underperformed in areas of human tech capital (19th), unemployment benefits (31st) and logistics infrastructure (32nd).
The top-ranked city in the world is London, which received a perfect score on the index. The U.S. cities that came in ahead of Austin include New York in second place, San Francisco in third, Los Angeles in sixth, Boston in eighth and Chicago in 10th.
(Oberlo)
Austin ranked second among U.S. metros in the 2017 Kauffman Index of Entrepreneurship, which has since been retired. At the time, entrepreneurs made up 0.51% of the adult population—or one out of every 200 people.
And the city ranks sixth among large U.S. metros in terms of new business formation per capita, according to the Austin Chamber. There were 3.5 employer firms with less than two years in business per 1,000 population in 2017, the latest year for which data is available, compared to 2.6 nationally.
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(Shutterbug)
Take a peek at these five gems on the market now.
164 Pear Tree Lane | $1,190,000
The front of the house looks castle-esque. (Chris Rodriguez)
In the South Austin Parten community, this castle-like four-bedroom, three-and-a-half bathroom stunner puts you just minutes from Austin, Dripping Springs and other nearby communities. Stark white and black contrasting features give the interiors a clean look, while a large curving staircase serves as a centerpiece for the ground floor. The chef’s kitchen is spacious, facing the living room and multiple windows, and immediately draws the eye. Upstairs you’ll find a spa-style bathroom, game room with a wet bar and Hill Country Views.
This listing is held by Adam Zell and Lexie Zell.4515 Avenue D | $2,500,000
The home rests on concrete blocks to protect from inclimate weather. (Mandy Harris/Urban Oak Photography)
This hyper-modern, 3,300-square-foot Scandinavian-styled home is a paradise for natural light in Hyde Park. With four bedrooms and three-and-a-half bathrooms spread across one story, the home rests on concrete columns to protect from extreme climate conditions. Inside, you’ll find crisp, clean trim in the open-plan kitchen with built-in luxury appliances and a walk-in pantry. Lofty 12-foot ceilings and gigantic windows set the tone, with a wet bar and second living room for entertaining. When you retire to the master bedroom, enjoy a warm bath in the soaking tub or enjoy the multi-output shower.
This listing is held by Austin Stowell.
3405 Rain Forest Drive | $2,995,000
The Westlake home caps at three floors. (Shutterbug)
In the heart of Westlake, this stacked three-story new build is a sprawling 4,483 square feet with five bedrooms and four-and-a-half bathrooms. The home is centrally located and full of natural light, especially on the open concept first floor, which includes the kitchen, casual dining space and living area. The third floor has a bedroom and loft, perfect for the at-home worker.
This listing is held by Jen Templeton and Cheryl Albanese.
2710 Hillview Green Lane | $2,399,000
A timeless brick exterior sets the tone of the house. (Shoot2Sell)
This 3,539 square foot, three-bedroom, three-and-a-half bathroom Tarrytown townhouse is newly remodeled but still holds on to its vintage charm. Bright white cabinets, a green accented island and quartzite countertops in the kitchen give the space a cheery feeling. Entering on the second floor, you’ll have to walk downstairs to get to the bedrooms, which include ensuite baths and walk-in showers. The third level bonus room is the perfect place for an at-home office.
This listing is held by Cindy Fowler.1946 Backbone Ridge | $6,400,000
The symmetrical home looks enormous from above. (Twist Tours)
Just outside Austin in the sleepy town of Wimberley, the Backbone Ridge Ranch is one of the city’s most “iconic and pristine” properties. On nearly 50 acres of land, the house takes you into nature without getting too far from nearby cities. With 4,369 square feet, six bedrooms and six-and-a-half bathrooms, floor-to-ceiling windows effortlessly light the entire space. You’ll feel like a celebrity chef while cooking in the kitchen, even more so entertaining from the outdoor kitchen and living space. The 33,000-gallon quarried limestone pool is perfect for those hot Hill Country summers!
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