Income & Economy in Austin, TX

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$91,461

+25% vs national

Per Capita Income

$59,427

+60% vs national

Poverty Rate

12.3%

-10% vs national

Gini Index

0.4850

0 = perfect equality

Unemployment

4.5%

-14% vs national

SNAP Recipients

6.2%

of households

How Austin Compares

Source: Census ACS (2023)

Austin vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 500,000 - 1,000,000 residents. Austin is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Austin. The median household income here is $91,461.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.4%
$25-50K
14.2%
$50-75K
15.1%
$75-100K
12.4%
$100-150K
17.2%
$150-200K
11.3%
$200K+
17.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.5%

-12% vs TX avg

Labor Force

606,238

Employed

578,459

Mean Commute

17 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

41.6%

of adults 25+

High School Diploma+

51.0%

of adults 25+

Median Age

34.5

Work from Home

27.5%

of workers

The median household income in Austin, TX is $91,461, which is 24.9% above the national average of $73,224. Per capita income is $59,427. The poverty rate of 12.3% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.4850, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.5%, compared to the state average of 5.1%. 41.6% of adults hold a bachelor's degree or higher. The average commute time is 17 minutes, with 27.5% working from home.

Income in Nearby Cities