The Austin-Round Rock, TX Metro Area is a vibrant city with a lot to offer. Home to several large companies such as Dell Technologies and Whole Foods Market, the city also houses smaller tech startups. The city offers excellent education opportunities with numerous local schools and universities such as The University of Texas at Austin, St. Edward’s University, and Concordia University Texas. The cost of living in the area is higher than the national average with 2 bedroom rent priced at $1,630 versus $1,430 nationally and grocery cost index rated at 95 versus 100 in the US respectively. With its strong economy, booming technology sector and excellent educational offerings this area is an attractive option for many people looking for employment and/or further their education.
Austin-Round Rock-Georgetown Metro Area has an unemployment rate of 5.3%. The US average is 6.0%.
Austin-Round Rock-Georgetown Metro Area has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 48.8%, which is higher than the US average of 33.5%.
Tax Rates for Austin-Round Rock-Georgetown Metro Area
- The Sales Tax Rate for Austin-Round Rock-Georgetown Metro Area is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Austin-Round Rock-Georgetown Metro Area is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Austin-Round Rock-Georgetown Metro Area
- The average income of a Austin-Round Rock-Georgetown Metro Area resident is $32,035 a year. The US average is $28,555 a year.
- The Median household income of a Austin-Round Rock-Georgetown Metro Area resident is $85,398 a year. The US average is $69,021 a year.