Can you afford to live in Austin?

Median household income, home values and rent in Austin, TX — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Austin.

Median household income: $91,461 — +58.5% since 2015 (not adjusted for inflation)

Median gross rent: $1,655/mo — +58.1% since 2015

Median home value, 2015 to 2023

• 2015: 240800
• 2023: 512700

Median household income

• Austin: 91461
• Travis County: 97169
• TX: 76292
• U.S.: 78538

Median gross rent

• Austin: 1655
• Travis County: 1669
• TX: 1339
• U.S.: 1348

Share of income a typical renter spends on rent: 29.0% — U.S.: 30.2%

What it means

The typical household here earns $91,461 — notably higher than the national figure of $78,538.

The typical renter here spends 29.0% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+58.5% versus +58.1%), before adjusting for inflation.