Austin, TX Community Information

Austin, TX Homes for Sale

Austin Metro and Neighborhood Information

As the Live Music Capital of the World, Austin continues to be on the radar as one of coolest cities to call home. Austin is the capital of Texas and is located in the central part of the state. It's the fourth-largest city in Texas and the 16th-largest in the United States, as well as the third-fastest growing large city in the nation from 2000 to 2006, according to U.S. Census estimates.

The city is the cultural and economic center of the Greater Austin metropolitan area with a population of 1.6 million people. It has been ranked among the Best Places to Live by Money magazine, came in No. 6 in Kiplinger magazine's 2008 list of Best Cities and was voted the Greenest City in America by MSN.

Residents of Austin are known as 'Austinites,' and include a mix of university professors, students, politicians, lobbyists, musicians, state employees, high-tech workers, blue- and white- collar workers. In recent years, many Austinites have adopted the unofficial slogan 'Keep Austin Weird,' to pay homage to the eclectic and progressive lifestyles of many Austin residents and to encourage smaller local businesses and resist excessive commercialization.

Hub for technology

Thousands of graduates each year from the engineering and computer science programs at the University of Texas at Austin provide a steady source of employees that help to fuel Austin's technology and defense industry sectors. As a hub for major technology companies such as Hewlett Packard and Cisco, the city has earned the nickname 'Silicon Hills.' The metro Austin area has much lower housing costs than Silicon Valley, but much higher housing costs than many parts of rural Texas. The median home price in Austin is $186,000.

From the city to the suburbs, Austin offers a rich stock of homes to choose from. Austin is divided by the escarpment known as the Balcones Fault. Everything west of that fault is hilly countryside that stretches out into the fabled Texas hill country. Everything to the east of the fault is flatland, much of it situated along the Colorado River that runs through downtown Austin. The vintage neighborhoods are to be found in the older, flatlands of Austin. Newer neighborhoods, especially new subdivisions are west of the fault and in northern suburbs, such as Pflugerville, Taylor and Georgetown. But you'll find the people of Austin are very friendly, no matter where you choose to live, and you'll be welcome no matter what neighborhood you choose to live in. So begin your Austin real estate search today!

Sources and more information:
http://en.wikipedia.org/wiki/Austin,_Texas
http://www.austin-real-estate-team.com/advice-choosing-austin-tx-neighborhood
http://www.austin-chamber.org/

Austin, TX Community Information

Population

984,604

Median Age

31.0

Median Household Income

$59,767

Households with Children

49.17%

Median Travel Time to Work

24 minutes

Austin, TX Real Estate Market Information

Homes Owned

51.66%

Homes Rented

45.21%

Homes Vacant

3.13%

Austin, TX Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

0:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

Austin, TX School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 984,604
  • Total Male Population 506,975
  • Total Female Population 477,629
  • Population change since 2000 1625.30%
  • Median age 31.0
  • Percent of households with children 49.17%
  • Personal Crime risk 127

Transportation

  • Median travel time to work 24 minutes
  • Percent using Public transportation 3.42%
  • Percent Driving/Using Carpool 87.45
  • Percent Using Other transportation 4.20%
  • Percent Working From Home 4.93%

Education Levels

  • Some high school 12.20%
  • High school graduate 16.91%
  • Some college 19.92%
  • Associate degree 5.98%
  • Bachelor's degree 28.98%
  • Graduate degree 16.00%

Occupation

  • Agriculture, forestry, and fishing 0.37%
  • Construction 7.45%
  • Manufacturing 11.65%
  • Wholesale Trade 2.03%
  • Retail Trade 9.17%
  • Finance, insurance and real estate 7.10%
  • Services 4.87%
  • Public administration 7.51%
  • Information 4.06%
  • Professional 15.27%
  • Education 19.12%
  • Arts 8.60%

Income

  • Average household income $74,936
  • Income change since 2000 9.45%

Climate

  • Avg. January high/low temp 60.55 / 37.86
  • Avg. July high/low temp 95.41 / 72.35
  • Annual precipitation 34.60
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