Travis County
Texas ยท Pop. 1,326,898
Ranked #112 of 200 counties
38Crisis
Median Home Price
๐$480K
1.5% YoY
Median Rent
๐$1,700
Median Income
๐ฐ$80K
Rent Burden
๐28.5%
% of income to rent
Housing Shortage
๐๏ธ45,000
estimated unit deficit
Building Permits (2024)
๐15,000
Price-to-Income Ratio
โ๏ธ6.0x
Homeownership Rate
๐ก48.5%
How Travis County Compares
| Metric | Travis County | Texas | National |
|---|---|---|---|
| Home Price | $480K | $297K | $410K |
| Rent | $1,700 | $1,413 | $1,500 |
| Income | $80K | $76K | $75K |
| Rent Burden | 28.5% | 32.0% | 30.0% |
| Homeownership | 48.5% | 63.0% | 65.0% |
Key Takeaways
- โข Home prices are 17% above the national average.
- โข Rent is 13% above the national average.
- โข The county has an estimated housing shortage of 45,000 units.
- โข 15,000 building permits were issued in 2024.
- โข Year-over-year home prices changed by 1.5%.