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Rollingwood’s economy is extremely strong and continues to grow. The City, with an estimated population of 1,500 is a 0.8-square mile landlocked community in Travis County, directly adjacent to southwest Austin. It is in the Austin-Round Rock MSA, which boasts a broad and diverse economy. Austin-Round Rock MSA is the 4th fastest growing among the top 50 metropolitan areas in the nation.
The Austin region continues to thrive as it enters its tenth year of positive trends in real estate and overall growth and Rollingwood is ahead of those trends. In fact, Rollingwood’s tax base continues to soar. Overall, Rollingwood’s market value grew by over 9% over the past year to surpass $1 billion in valuation. This large increase in valuation can be directly correlated to the number and value of the residential development underway in the City. The City has a projected per capita effective buying income of 255% of the national level and a per capita market value of $641,561.
Commercial development continues to boom in the Austin-Round Rock MSA as the strong economy drives job growth and opportunity. Major tech companies continue their drive for operational expansion and the Austin market has emerged as one of a few that are most attractive to the tech industry. Rollingwood is optimizing the advantages of its commercial district and has recently added $50 million to the tax base in the form of a 128,000 square foot office building. The City is poised and ready to take advantage of future commercial development and expansion opportunities.
With robust market values and exceptional income levels, Rollingwood’s local economy is expected to continue to provide sufficient revenues for its operations and to continue this upward trajectory of performance.
The following Retail Market Studies provide insight into the City's Commercial Corridor and and opportunities for economic growth and development: