Austin, TX — income, home value, property tax, and sales tax.
In ZIP code 78732, near Austin, households earn a median of $192,500, with per-capita income at $88,295. A median home value of $853,900 meets a county property tax rate of 1.48%, which works out to roughly $12,600 in annual property taxes on that median home. Add the 8.25% combined sales tax on purchases, and the overall cost picture reflects both a high-priced housing market and steady taxation on everyday spending. Income levels here are strong enough to support these figures, though the property tax load tied to higher home values is a substantial piece of the annual budget.
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