Austin is a large city located in the state of Texas. The city has a population of 907,779 people. According to the most recent Census, 76% of Austin residents are White, 8% Black and 7% Asian. Additionally, more than a quarter of the population of Austin are of Hispanic or Latino origin, and 24% of the population also speak Spanish. Austin could be a great place for young adults and students as the average age of 32 years old is below the nation’s average. 71% of the people in Austin (over the age of 15) are married and 54% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Living in Austin can be a fulfilling experience for anyone moving to the city. Having said that, in the state of Texas, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like cost of living, health & safety, employment and other key data points, finding the best places to live in Austin and in the areas around Austin is a much easier task.
Austin has a livability score of 84 out of 100 and is ranked #12 in Texas and #511 in the USA. Pack your bags! This is a very high score in comparison to other US cities. Living in Austin could be a great choice! The cherry on top is that Austin also ranks in the top 10 percent of all cities. If we probe a little deeper into each category within the livability score, we see that Austin has higher than average scores for the following: cost of living (B-), employment (A) and housing (A+). There are some categories that Austin ranks poorly for, including: crime (F). It might be worth taking a closer look to figure out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, shops, etc., Austin has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: State Capitol, Bob Bullock Texas State History Museum, and Barton Springs Pool.
The Austin unemployment rate (1.16%) has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth.
For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Austin apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Austin real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Austin. The median home price for Austin homes is $257,800, which is 80.7% higher than the Texas average. If we take a closer look at the affordability of homes in Austin, we’ll see that the home price to income ratio is 4.2, which is 61.5% higher than the Texas average.
|Average one way commute||25min||26min||26min|
|Workers who drive to work||70.1%||80.3%||76.4%|
|Workers who carpool||8.5%||10.6%||9.3%|
|Workers who take public transit||2.9%||1.5%||5.1%|
|Workers who bicycle||1.2%||0.3%||0.6%|
|Workers who walk||2.6%||1.6%||2.8%|
|Working from home||13.4%||4.3%||4.6%|