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== Economy and infrastructure == Innsbruck is a substantial tourist centre, with more than a million overnight stays. In Innsbruck, there are 86,186 employees and about 12,038 employers. 7,598 people are self-employed.<ref>{{cite web|url=http://www.statistik.at/blickgem/rg10/g70101.pdf |title=Gemeinde auf einen Blick |publisher=Statistik Austria |access-date=2 October 2016}}</ref> Nearly 35,000 people commute every day into Innsbruck from the surrounding communities in the area. The unemployment rate for the year 2012 was 4.2%.<ref>{{cite web|url=http://ec.europa.eu/eurostat/cache/RSI/#?vis=city.statistics&lang=en |title=City Statistics Illustrated |publisher=ec.europa.eu/eurostat |access-date=29 December 2015}}</ref> The national statistics office, [[Statistik Austria]], does not produce economic data for the City of Innsbruck alone, but on aggregate level with the [[Innsbruck-Land District]] summarised as NUTS 3-region Innsbruck. In 2013, GDP per capita in the NUTS 3-region Innsbruck was β¬41,400 which is around 60% above the EU average.<ref>{{cite web|url=http://www.statistik.at/web_de/statistiken/wirtschaft/volkswirtschaftliche_gesamtrechnungen/regionale_gesamtrechnungen/nuts3-regionales_bip_und_hauptaggregate/index.html |title=Regionales BIP und Hauptaggregate nach Wirtschaftsbereichen und 35 NUTS 3-Regionen |publisher=statistik.at |access-date=29 December 2015}}</ref> The headquarters of [[Tiroler Wasserkraft]] (Tiwag, energy production), [[Bank fΓΌr Tirol und Vorarlberg]] (financial services), Tiroler Versicherung (insurance) and [[MED-EL]] (medical devices) are located in Innsbruck. The headquarters of [[Swarovski]] (glass), Felder Group (mechanical engineering) and Swarco (traffic technology) are located within {{convert|20|km|0|abbr=on}} from the city. Residential property is very expensive by national standards. The average price per square metre in Innsbruck is β¬4,430 (2015), which is the second highest per square meter price among Austrian cities surpassed only by Salzburg (β¬4,823), but followed by Vienna (β¬3,980).<ref>{{cite web|url=http://diepresse.com/home/meingeld/immobilien/4817039/In-Salzburg-und-Innsbruck-ist-Wohnraum-teurer-als-in-Wien |title=In Salzburg und Innsbruck ist Wohnraum teurer als in Wien |date=9 September 2015 |publisher=presse.com |access-date=29 December 2015}}</ref>
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