What Salary Do You Need to Live in Austin, TX?

To live comfortably in Austin, a household needs to earn roughly $75,000/year. That's about $6,250/month before taxes.

The Number: $75,000/year

At $75,000 per year, a household in Austin can afford median-priced rental housing at roughly 28% of gross income.

This is based on Austin's median monthly rent of $1,770 and the 28% housing guideline. Source: Census ACS 2024.

Austin at a Glance

Median rent$1,770/mo
Median home price$571,000
Median household income$90,430
State income taxNone
Sales tax8.25%

Sources: Census ACS 2024, Tax Foundation.

For Single Residents

A single person can live comfortably in Austin on roughly $50,000/year. That's about $4,167/month before taxes.

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Note: Salary estimates are based on the 28% housing guideline applied to median rents from Census ACS 2024. Individual circumstances vary. Full disclaimer.

Salary Questions About Austin

The median monthly rent is $1,770. Using the 30% guideline, you need about $71,000/year to afford this comfortably.

The median home price is $571,000. With a 20% down payment, you would need roughly $114,200 saved and a household income to support the mortgage payments.

The median household income is $90,430/year. Our recommended salary of $75,000/year is near the median, reflecting a comfortable (not extravagant) standard of living.