Austin’s fast-growing workforce is helping fuel an expansion of coworking space, a new study suggests.
Coworking Café evaluated 102 U.S. cities using four indicators of labor growth — employment gains, working-age population trends, migration and telecommuting — and then measured how those shifts influenced coworking supply between 2023 and 2025.
Austin ranked 14th overall for how strongly its rapidly evolving workforce is shaping the coworking market. It was the only Texas city to make the list, with the study crediting the region’s “booming tech sector” and rise in telecommuting.
The report, released earlier this week, focused on cities experiencing significant increases in working-age residents, job growth and remote workers to determine how those factors translated into coworking market expansion.
Nationally, the coworking market grew by 23%, according to the study, with Irvine, California, topping this year’s ranking.
The report described Austin as a “coworking powerhouse in the South,” noting that the city added 19 coworking spaces to its existing 58 between 2023 and 2025. That growth helped meet demand as Austin’s remote-work population more than doubled between 2020 and 2023, rising from nearly 74,000 to close to 157,000 telecommuters.
“The city’s total of 77 flex offices provides a range of options for the local pool of remote and hybrid workers, which expanded considerably,” the report said. “With both employment and workforce growing — and giant employers like Samsung, SpaceX and Apple expanding in the area — things are looking even better for the coworking market.”
Between 2020 and 2023, Austin’s employment levels rose 0.6%, its working-age population (20 to 64) grew 2%, and the influx of new residents in that age group reached 24%.
Austin routinely appears on national growth rankings. Earlier this year, it was named the nation’s top “boomtown” and a top city for college graduates — both driven by hiring activity, housing growth and rising gross domestic product.