Austin, TX — income, home value, property tax, and sales tax.
ZIP code 78731, in Austin, ranks among the more affluent areas of the city, with a median household income of $105,494 and per-capita income of $94,483. Home values are steep: the median sits at $903,200, and the county-level effective property tax rate of 1.48% means owners face a substantial annual bill. Add a combined sales tax rate of 8.25%, and the overall tax load here is heavy, though incomes are high enough to absorb it. This is a well-off pocket of Austin where housing costs and taxes both run high.
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