UT has long been a strong influence in Austin as well as the State of Texas. The University of Texas, in Austin, currently has more than 51,000 students enrolled and more than 3,000 faculty members.
It creates more than $9 billion in business activity and UT football alone generates more than $120 million in revenue each year.
The net effect on the community is tremendous. It influences everything from the availability of entertainment to the food that restaurants serve. You can hardly go to dinner during football season without overhearing someone discussing the upcoming game. Austin would probably not be the, “Live Music Capital”, without the presence of UT. It brings culture, knowledge and a highly educated work force to Austin. And this causes many companies to at least put a major campus in Austin, if not their corporate headquarters, contributing to much of the growth.
In 2016 UT created the Dell Medical School, the graduate medical school of the University of Texas at Austin. UT Austin is home to the McCombs Schoool of Business, Moody College of Communication, the Cockrell School of Engineering, Jackson School of Geosciences, and Steve Hicks School of Social Work, as well as a School of Nursing, College of Natural Sciences, College of Liberal Arts, College of Education and many others.
It is an essential part of what keeps Austin young and forward thinking. It also contributes to the vibrant atmosphere that makes up the personality of the city. Many of the events and activities available in Austin on any given week have some connection to the university. UT brings in a diverse student body, from all over the world, including Texas' own brightest from Texas high-schools. There are also many museums supported directly by UT.
Our own Engel & Völkers brokerage hosts several UT football tailgate parties, each year, just outside the stadium.
So, if you live in Austin, or the surrounding area, many of the benefits and enrichment of living in the area can be either directly or indirectly attributed to the University of Texas.