Austin, TX — income, home value, property tax, and sales tax.
ZIP code 78703, in Austin, ranks among the wealthier areas in the region, with a median household income of $153,036 and per-capita income of $131,918. Home values are steep: the median sits at $1,495,800, and the county-level effective property tax rate of 1.48% translates into a substantial annual bill on that value. Add the combined 8.25% sales tax, and the overall cost of living and tax load here run high. This is an affluent ZIP where housing wealth and income place residents well above average, and the taxes tied to that standing follow accordingly.
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