Quality of Life in Austin, TX on $133,280 Per Year

Overview of Income

• An annual salary of $133,280 is well above the median household income in Austin, which provides a comfortable standard of living.
• This income level exceeds the national median household income, positioning the individual above average financially.

Cost of Living

• Overall Cost: Austin's cost of living is relatively high compared to many U.S. cities, driven by rising housing costs and vibrant economic growth.
• Groceries and Utilities: Marginally above the national average, but manageable within this salary.
• Transportation and Entertainment: Comparable to other urban areas, offering a wide array of options that fit various budgets.

Housing Market

• Median Home Price: Significantly above the national average, posing a challenge for homebuyers.
• Rental Prices: Higher than average, pushing many toward renting rather than buying.
• Investment Potential: Despite high prices, the rapid growth and economic expansion make buying property in Austin a potentially rewarding investment.

Quality of Life

• Employment Opportunities: A booming tech industry and thriving cultural scene provide ample job opportunities and career advancements.
• Cultural Scene: Renowned for its music, arts, and food, offering a vibrant lifestyle.

Access to Healthcare

• Healthcare Facilities: High-quality healthcare services with renowned hospitals and clinics.
• Costs: Above average, but manageable with a good employer-provided health insurance policy at this income level.

Quality of K-12 Schools

• Public Schools: Generally rated above average, with some exceptional schools in certain districts.
• Private Education: Numerous private school options available for families seeking alternative education paths.

Summary

With an annual salary of $133,280, an individual in Austin, TX, experiences a generally high quality of life. Despite the elevated cost of living and housing prices, the income supports comfortable living standards. The city's dynamic job market, cultural richness, and commendable education and healthcare facilities contribute positively to one's overall life satisfaction.