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Austin, Texas Mortgage and Housing Information

Population: 656,562
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Austin, Texas and the U.S.
U.S.TexasAustin
Median home value
in year 2006
$185,200$114,000$173,000

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.TexasAustin
With a mortgage$1,402$1,309$1,535
Without a mortgage$399$422$517

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Austin (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage34,60024.9%
First Mortgage Only86,09462.0%
Second Mortgage and/or Home Equity Loan18,15713.1%
Total138,851100%

Tenancy in Austin

How many people in Austin live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes138,851
Renter-occupied homes155,005
Homes for sale2,477
Homes for rent14,732
Total324,528

Age of Austin Residents

Median age for males and females (2000).
Males 29
Females 30

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.TexasAustin
Median Earnings$27,239$25,013$26,939
Median Earnings, Males$32,396$29,918$29,278
Median Earnings, Females$22,097$20,246$24,673

Males earn $4,605 (18.7%) more than Females in Austin.

Commuting in Austin

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo259,905
Carpooled49,131
Public Transit15,743
Bicycle3,280
Walking8,995
Other Means4,026
Total, Commuted341,080
Worked from home12,029
Total353,109

Time Spent Commuting in Austin

Time spent commuting in Austin
Time spent in minutesNumber of People
Less than 56,914
5-930,719
10-1454,474
15-1969,887
20-2462,581
25-2921,578
30-3450,961
35-396,150
40-448,119
45-5915,450
60-899,322
Over 904,925

Education

Level of higher education for people over 25 years in Austin (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College37,94816.0%40,18916.9%
Associate Degree11,2124.7%8,8513.7%
Bachelor's Degree61,51125.9%58,92624.8%
Master's Degree23,5689.9%23,66710.0%
Professional Degree10,2604.3%6,4922.7%
Doctorate Degree5,5762.4%4,0501.7%
Total (at least some college)150,07563.3%142,17566.2%
Total over 25237,138100%214,798100%

Comments on Austin

July 30th, 2008

it’s really hot here in the summer and nice in the winter

– John

July 30th, 2008

really fun city home to UTexas

– John

July 24th, 2008

home to University of Texas with lots of live music and a young vibe. it’s more liberal here than in the rest of texas

– Unregistered User

July 11th, 2008

Austin has a great live music scene! You’ll find a stage in even the smallest coffee shop. It’s also home to the big music festival SXSW.

– Per

Latest comment on Austin

July 30th, 2008

it’s really hot here in the summer and nice in the winter

– John

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