Quality of Life in Austin, TX for a $137,700 Annual Income

Overview of Income and Cost of Living

Making $137,700 annually in Austin, TX, places individuals or families in a relatively comfortable economic position relative to both the local and broader U.S. context. Here's a breakdown of how this income interacts with various aspects of life in Austin:

Cost of Living

• General Costs: Austin's cost of living is higher than the national average, but a $137,700 income allows individuals to maintain a good quality of life. Major expenses such as groceries, utilities, and transportation costs are moderately above the national average but manageable with this income level.

• Entertainment and Dining: The city offers a vibrant cultural scene with abundant entertainment options. Dining out and enjoying the local music scene is affordable for someone with this income.

Housing Market

• Median Home Price: Austin’s real estate market is competitive, with median home prices significantly above the national average. As of late 2023, the median home price ranges around $450,000.

• Affordability: With a $137,700 salary, purchasing a home in Austin is feasible but might require compromises either in size or proximity to the city center.

• Renting: For those opting not to buy, rental prices are relatively high but affordable with this income, allowing for a comfortable living situation in desirable neighborhoods.

Quality of Life

Lifestyle and Environment

• Cultural Amenities: Austin is renowned for its vibrant arts scene, live music, and numerous festivals, contributing to a rich and engaging lifestyle.

• Outdoor Activities: The city provides ample opportunities for outdoor recreation, including hiking, biking, and water-based activities at nearby lakes and parks.

• Community: Austin is generally perceived as a welcoming and inclusive community with diverse cultural offerings.

Access to Healthcare

• Healthcare Facilities: Austin hosts a variety of healthcare facilities ranging from top-tier hospitals to specialized medical centers.

• Cost of Healthcare: The cost of healthcare is above the national average but accessible with a higher income, ensuring that high-quality care is readily available.

Education and K-12 Schools

• School Quality: Austin has a mix of public and private schools, with some districts offering highly rated educational opportunities.

• School Districts: Key areas like Eanes Independent School District and Lake Travis Independent