Austin, TX — income, home value, property tax, and sales tax.
Households in ZIP code 78738, near Austin, report a median income of $183,048, with per-capita income at $99,621. That earning power meets a housing market where the median home value is $916,300, and the county's 1.48% effective property tax rate translates into a substantial annual bill on a home at that price. Day-to-day purchases carry an 8.25% combined sales tax. With income levels this high, residents can absorb both taxes while still directing money toward savings, investments, or other priorities, though the property tax line stands out as the largest recurring cost tied to owning a home here.
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