Median home value is about $700,500 — about 101% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,508 (about 30% above the U.S. median rent ($1,163)), and owner-occupancy near 21.7% (about 43.7 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 78751 in Austin, TX, a household would need roughly $193,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,500. That is about 136% above the local median household income ($81,657), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.