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According to statistics, the population in Austin, TX amounts to 964,243, which shows growth 1% compared to the previous year. The median age of the city’s residents is 34. The average household income is $71,543, shifting growth 6% from the past year, and the average property value in Austin, TX growth 10% to $365,500 throughout the year.
|Number Of Employees||564,744|
|Median Property Value||$365,500|
The average household income in Austin, TX grew from $67,755 to $71,543 in the past year. This data is an estimate based upon 390,395 households in Austin, TX . The chart below presents how household income is distributed in Austin, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Austin, TX shifted from $332,700 to $365,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Austin, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Austin, TX properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Austin, TX compared to median property taxes around the country. The prevalent amount of property taxes in Austin, TX equals $3000, which is less than the national average.
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