Austin, TX
AUSTIN, TEXAS: Demographic and Financial Snapshot
(Last updated on 12.22.20)
AGE IN AUSTIN, TEXAS
| Age Range | Population | Percent |
| 20 to 24 years | 73,311 | 7.8% |
| 25 to 29 years | 110,398 | 11.8% |
| 30 to 34 years | 99,776 | 10.7% |
| 35 to 39 years | 80,651 | 8.6% |
| 40 to 44 years | 69,028 | 7.4% |
| 45 to 49 years | 58,650 | 6.3% |
| 50 to 54 years | 51,687 | 5.5% |
| 55 to 59 years | 48,059 | 5.1% |
| 60 to 64 years | 42,396 | 4.5% |
| 65 to 69 years | 30,576 | 3.3% |
| 70 to 74 years | 20,922 | 2.2% |
| 75 to 79 years | 12,017 | 1.3% |
| 80 to 84 years | 8,638 | 0.9% |
| 85+ years | 9,169 | 1.0% |
The median age in Austin is 33.0 years
Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age
ETHNICITY IN AUSTIN, TEXAS
| Ethnicity | Population | Percent |
| White | 682,357 | 70.8% |
| Black or African American | 82,148 | 8.5% |
| American Indian and Alaska Native | 8,555 | 0.9% |
| Asian | 73,960 | 7.7% |
| Native Hawaiian and Other Pacific Islander | 439 | 0.0% |
| Other | 81,282 | 8.4% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race
EDUCATION IN AUSTIN, TEXAS
| Education Level | Population | Percent |
| Less than 9th grade | 40,220 | 5.9% |
| 9th to 12th grade, no diploma | 28,598 | 4.2% |
| High school graduate (includes GED) | 97,804 | 14.2% |
| Some college, no degree | 104,360 | 15.2% |
| Associate’s degree | 37,771 | 5.5% |
| Bachelor’s degree | 233,048 | 33.9% |
| Graduate or professional degree | 145,078 | 21.1% |
| High school graduate or higher | 618,061 | 90.0% |
| Bachelor’s degree or higher | 378,126 | 55.0% |
| Less than Bachelor’s degree | 308,753 | 45.0% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)
HOUSEHOLD INCOME IN AUSTIN, TEXAS
| Annual Household Income | Percent |
| Less than $10,000 | 6.0% |
| $10,000 to $14,999 | 3.2% |
| $15,000 to $24,999 | 7.1% |
| $25,000 to $34,999 | 8.3% |
| $35,000 to $49,999 | 12.2% |
| $50,000 to $74,999 | 18.0% |
| $75,000 to $99,999 | 12.2% |
| $100,000 to $149,999 | 15.9% |
| $150,000 to $199,999 | 7.1% |
| $200,000 or more | 10.0% |
Median household income: $67,462
Mean household income: $97,331
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income
HOUSEHOLD INCOME BY EDUCATION IN AUSTIN, TEXAS
| Education Level | Average Income |
| Less than high school graduate | $22,756 |
| High school graduate (includes GED) | $28,434 |
| Some college or Associate’s degree | $36,678 |
| Bachelor’s degree | $53,886 |
| Graduate or professional degree | $73,123 |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)
MARITAL STATUS IN AUSTIN, TEXAS
| Population | Percent | |
| Population 15+ years | 784,954 | NA |
| Never married | 333,719 | 42.5% |
| Now married (except separated) | 321,008 | 40.9% |
| Separated | 14,389 | 1.8% |
| Widowed | 22,783 | 2.9% |
| Divorced | 93,055 | 11.9% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over
POVERTY STATUS IN AUSTIN, TEXAS
| Population | Percent | |
| Living beneath poverty line | 132,534 | 14.5% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate
HOUSING IN AUSTIN, TEXAS
| Owner-occupied housing units | 167,206 |
| Renter-occupied housing units | 202,837 |
| Single-family detached units | 188,293 |
| Homeownership rate | 45.2% |
| Vacancy rate | 8.5% |
| Renters rate | 85.8% |
| Average housing value | $385,964 |
| Average monthly owner cost (with mortgage) | $1,555 |
| Average rent | $1,159 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics
SOCIOECONOMIC CHARACTERISTICS IN AUSTIN, TEXAS
| Average income | $97,331 |
| Average household size | 2.47 |
| Percent population 16 years and over in labor force | 73.4% |
| Percent disabled | 8.3% |
| Percent with health coverage | 85.8% |
| Average travel time to work (in minutes) | 24.3 |
| Percent workers using public transportation | 3.8% |
| Percent veterans | 4.9% |
| Percent foreign born | 18.5% |
| Percent speaking Spanish at home | 9.4% |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics
CONSUMER SPENDING IN AUSTIN, TEXAS
| Total consumer expenditures per household | $84,940.85 |
| Alcoholic beverages | $686.85 |
| Alcoholic beverages consumed at home | $401.31 |
| Beer consumed away from home | $121.92 |
| Wine consumed away from home | $59.46 |
| Apparel & services | $2,571.01 |
| Men’s apparel | $502.15 |
| Women’s apparel | $835.92 |
| Children’s apparel | $399.33 |
| Boys’ apparel | $131.85 |
| Girls’ apparel | $147.63 |
| Footwear | $592.40 |
| Dining out (food away from home) | $4,410.98 |
| Dining out – Breakfast | $451.43 |
| Dining out – Lunch | $1,375.18 |
| Dining out – Dinner | $2,043.63 |
| Education | $1,815.52 |
| Entertainment / recreation | $3,590.40 |
| Club membership fees | $265.13 |
| Dating services | $1.02 |
| Pet food | $272.95 |
| Pet services | $71.46 |
| Food consumed at home | $5,959.50 |
| Bakery products consumed at home | $777.71 |
| Dairy products consumed at home | $604.51 |
| Fruits and vegetables consumed at home | $1,176.86 |
| Meat, poultry, fish, eggs consumed at home | $1,328.07 |
| Nonalcoholic beverages consumed at home | $580.66 |
| Snacks / other food products consumed at home | $2,072.35 |
| Health care | $6,208.57 |
| Medical services | $1,164.42 |
| Nonprescription drugs | $155.36 |
| Household Services | $2,286.61 |
| Care for the elderly and handicapped | $69.59 |
| Lawn and garden services | $441.27 |
| Housekeeping services | $190.73 |
| PC repair | $7.94 |
| Housing | $27,198.35 |
| Home improvements | $2,532.64 |
| Utilities, fuel, and public services | $5,414.89 |
| Phone services | $2,039.22 |
| Water | $792.63 |
| Life and other insurance | $435.72 |
| Pensions and social security | $9,127.73 |
| Personal care products and services | $1,028.62 |
| Hair care products | $124.23 |
| Personal care products | $434.91 |
| Local transportation | $9,799.82 |
| Gasoline | $2,598.86 |
| Vehicle maintenance and repair | $1,324.15 |
| Travel | $2,442.16 |
| Airline fares | $622.92 |
| Auto / truck rental on trips | $29.74 |
| Lodging on trips | $644.37 |
| Food and drink on trips | $593.30 |
| Entertainment on trips | $205.03 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)
DEBT IN TRAVIS COUNTY (home to AUSTIN, TEXAS)
| % with any debt in collections | 34% |
| Average debt in collections | $1,288 |
| % with medical debt in collections | 21% |
| Average medical debt in collections | $550 |
| % with student loan debt | 17% |
| Average student loan debt | $19,413 |
| Average monthly student loan payment | $185 |
| % with auto debt | 31% |
Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt
UNEMPLOYMENT IN AUSTIN, TEXAS
| Year | Population | Percent |
| January 2019 | 17,729 | 3.0% |
| February 2019 | 15,434 | 2.6% |
| March 2019 | 14,829 | 2.5% |
| April 2019 | 12,490 | 2.1% |
| May 2019 | 12,871 | 2.2% |
| June 2019 | 15,273 | 2.6% |
| July 2019 | 16,045 | 2.7% |
| August 2019 | 15,607 | 2.6% |
| September 2019 | 14,619 | 2.5% |
| October 2019 | 14,225 | 2.4% |
| November 2019 | 14,184 | 2.4% |
| December 2019 | 13,448 | 2.2% |
| January 2020 | 15,383 | 2.6% |
| February 2020 | 14,947 | 2.5% |
| March 2020 | 21,472 | 3.6% |
| April 2020 | 67,993 | 12.5% |
| May 2020 | 65,252 | 11.6% |
| June 2020 | 43,139 | 7.4% |
| July 2020 | 40,589 | 6.9% |
| August 2020 | 34,550 | 5.6% |
| September 2020 | 38,641 | 6.4% |
Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)
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