Austin, Texas

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
958,202
Population
$86,556
Median Income
$461,500
Home Value
34.2
Median Age

Demographics

Austin has a population of 958,202 with a median age of 34.2. Here is the racial and ethnic breakdown of the population:

White
63.2%
Hispanic
32.5%
Asian
8.4%
Black
7.9%
Demographic Value
Total Population958,202
Median Age34.2
White63.2%
Black or African American7.9%
Asian8.4%
Hispanic or Latino32.5%

Income & Economy

The median household income in Austin is $86,556, which is 15.2% above the national median of $75,149. The per capita income is $54,673. The poverty rate is 12.4%.

$86,556
Median Household Income
$54,673
Per Capita Income
12.4%
Poverty Rate

Employment

The unemployment rate in Austin is 4.4%, compared to the national rate of 5.4%.

Education

In Austin, 91.1% of residents age 25+ have a high school diploma or higher, and 56.5% hold a bachelor's degree or higher (21.6% with a graduate or professional degree).

HS Diploma+
91.1%
Bachelor's+
56.5%
Graduate+
21.6%
Education Level % of Adults (25+)
High School Diploma or Higher91.1%
Bachelor's Degree or Higher56.5%
Graduate or Professional Degree21.6%

Housing

The median home value in Austin is $461,500, above the national median of $281,900. The median monthly rent is $1,549. The homeownership rate is 44.4%.

$461,500
Median Home Value
$1,549/mo
Median Rent
44.4%
Homeownership Rate
Housing Metric Value
Median Home Value$461,500
Median Monthly Rent$1,549
Homeownership Rate44.4%
Vacancy Rate5.9%

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Frequently Asked Questions

What is the population of Austin, Texas?
The population of Austin, Texas is 958,202 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Austin, Texas?
The median household income in Austin, Texas is $86,556. This is 15.2% above the national median of $75,149.
What is the median home value in Austin, Texas?
The median home value in Austin, Texas is $461,500. The median monthly rent is $1,549.
What percentage of people in Austin have a college degree?
In Austin, Texas, 56.5% of adults age 25 and older hold a bachelor's degree or higher, and 91.1% have a high school diploma or higher.
Is Austin, Texas an affordable place to live?
The home price-to-income ratio in Austin, Texas is 5.3x (median home value $461,500 vs. median income $86,556), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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