Living in Austin
Austin is the capital of the US state of Texas and Travis County. Located in the southwestern United States, specifically in Central Texas, it is the 14th most populous city in the United States and the 4th largest in the state of Texas.
Family incomes in Austin have a median annual income of $71,500, which is more than the median annual income of $61,900 across the entire United States. The most important industries are Professional, Scientific, & Technical Services, Educational Services , and Health Care & Social Assistance, and the highest paying industries are Management of Companies & Enterprises, Utilities, and Mining, Quarrying, & Oil & Gas Extraction.
The median tuition costs in Austin are $21,00 for private four year colleges, and $10,400 and $36,700 respectively, for public four year colleges. The largest universities in Austin by total number of degrees awarded are: The University of Texas at Austin, Austin Community College District , and Saint Edward’s University.
The median property value in Austin increased to $365,500 from the previous year’s value of $332,700. The home ownership rate is 45%, which is lower than the national average of 64%.