Austin, TX — income, home value, property tax, and sales tax.
In Austin's 78722 ZIP code, households earn a median of $105,046, with per-capita income at $68,637. A median home value of $678,300 carries a county effective property tax rate of 1.48%, which works out to a substantial annual bill on top of mortgage costs. Combined with an 8.25% sales tax rate, everyday purchases also take a bite. Even so, the earnings base here is strong enough to absorb these costs without straining most household budgets, though the property tax line in particular deserves attention when weighing a purchase in this part of the city.
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