Round Rock, TX

Williamson County ยท Pop. 133,372

Ranked #101 of 243 cities

44Moderate

Median Home Price

๐Ÿ 

$400K

2.0% YoY

Median Rent

๐Ÿ”‘

$1,600

1.5% YoY

Median Income

๐Ÿ’ฐ

$82K

Rent Burden

๐Ÿ“Š

26.5%

% of income to rent

Income to Buy

๐Ÿฆ

$115K

annual income needed

Income to Rent

๐Ÿ“

$64K

annual income needed

Price-to-Income

โš–๏ธ

4.9x

Homeownership

๐Ÿก

62.0%

Rent vs. Buy

Buy

$2,129/mo

Est. mortgage (7%, 20% down)

Need $115K/yr income

Rent

$1,600/mo

Median rent

Need $64K/yr income

How Round Rock Compares

MetricRound RockTexasNational
Home Price$400K$297K$410K
Rent$1,600$1,413$1,500
Income$82K$76K$75K
Rent Burden26.5%32.0%30.0%

Key Takeaways

  • โ€ข Home prices in Round Rock are 2% lower than the national average.
  • โ€ข Rent is 7% higher than the national average.
  • โ€ข You need an income of $115K to comfortably buy a home here.
  • โ€ข The homeownership rate is 62.0%, compared to 65.0% nationally.