The factor that helps explain why the Austin Metro Area has a higher average income than other major metro areas in Texas are many big firms located in the area.
This is because the Austin Metro Area comprises many big firms that cut across all industry sectors. This area is known to have the largest employers within the City of Austin.
Aside from the government as the major employer in the area, some other top firms in these areas include Advanced Micro Devices, Apple, Inc., Austin Independent School District, IBM, Ascension Seton Healthcare Network, St. David's HealthCare Partnership, Samsung Austin Semiconductor, the University of Texas at Austin, etc.
Hence, in this case, it is concluded that the Austin Metro Area has a higher average income than other major Metro Areas in Texas because it is home to many top industries.
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