Round Rock, TX
Williamson County ยท Pop. 133,372
Ranked #101 of 243 cities
44Moderate
Median Home Price
๐$400K
2.0% YoY
Median Rent
๐$1,600
1.5% YoY
Median Income
๐ฐ$82K
Rent Burden
๐26.5%
% of income to rent
Income to Buy
๐ฆ$115K
annual income needed
Income to Rent
๐$64K
annual income needed
Price-to-Income
โ๏ธ4.9x
Homeownership
๐ก62.0%
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
| Metric | Round Rock | Texas | National |
|---|---|---|---|
| Home Price | $400K | $297K | $410K |
| Rent | $1,600 | $1,413 | $1,500 |
| Income | $82K | $76K | $75K |
| Rent Burden | 26.5% | 32.0% | 30.0% |
Key Takeaways
- โข Home prices in Round Rock are 2% lower than the national average.
- โข Rent is 7% higher than the national average.
- โข You need an income of $115K to comfortably buy a home here.
- โข The homeownership rate is 62.0%, compared to 65.0% nationally.