Austin, TX — income, home value, property tax, and sales tax.
In ZIP 78712, part of Austin, per-capita income stands at $6,727, a figure shaped largely by the student population attending the University of Texas. Property taxes run at 1.48% of assessed value at the county level, while the combined sales tax rate reaches 8.25%. Together these rates draw on household budgets from two directions — one tied to owning property, the other to everyday purchases. With income this low, both taxes can absorb a meaningful share of what people here earn, making the overall cost of living in this ZIP notably different from surrounding parts of Austin.
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