Quick facts: Round rock, TX

Quick Facts

98.5
Cost of Living
below US average
126,697
Population
24.85
Crime Rate per 1000
above US average
$91,888
Median Income
above US average
$375,230
Median House Price
above US average
$1910.44
Average Rent
above US average
8%
Poverty Rate
below US average
3.6%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $91,888.

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Income Needed to Buy

βœ— Stretch
$118k/year
Based on $375,230 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $118k vs median $91,888
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Income Needed to Rent

βœ“ Affordable
$82k/year
Based on $1910.44/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($91,888) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Round rock, TX

Round Rock, Texas, is a vibrant city located in Williamson County, just north of Austin. Known for its thriving economy and family-friendly atmosphere, Round Rock has a population of over 120,000 residents. The city is famous for its historic downtown area, which features charming shops, restaurants, and the iconic Round Rock Donuts, a local favorite. Round Rock is ideal for families, with numerous parks, recreational facilities, and highly-rated schools, making it an appealing place to live. The city's extensive trail system, including the Brushy Creek Regional Trail, offers residents plenty of opportunities for outdoor activities like hiking, biking, and jogging. The area is also home to several major employers, including Dell Technologies, which has its headquarters nearby. This economic stability contributes to a growing job market and diverse community. Culturally, Round Rock hosts various events throughout the year, including the popular Round Rock Express, a Minor League Baseball team, and the Old Settlers Park, which attracts visitors for its sports complexes and festivals. Overall, Round Rock combines a small-town feel with access to the amenities of a larger city, making it a desirable location in Central Texas.

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