Cost Of Living In Round Rock, TX

Round Rock is a popular choice for families looking for a more affordable, family-oriented place to live near Austin, TX. The city is known for its safe neighborhoods and excellent schools. Additionally, many young professionals are moving to Round Rock as a quieter, cheaper alternative to Austin, especially with many tech companies located just north of Austin.

With a population of around 117,000, Round Rock offers a diverse and welcoming community. This article will give you clear and simple information about the cost of living in Round Rock, helping you understand what it’s like to live in this vibrant city.

Housing Costs in Round Rock, TX

Round Rock, Texas, offers a range of housing options that are generally more affordable than national averages. Here’s a breakdown of the housing costs in the area:

Median Home Value in Round Rock 2024

• The median home value in Round Rock is $446,842.

Average Rent Prices

Types of Housing Available

Round Rock has a diverse housing market with a variety of options. Single-family homes and apartments are particularly popular, providing suitable choices for different preferences and needs.

Employment and Income in Round Rock 2024

Median Household Income Round Rock 2024:

• The median household income in Round Rock is $117,582, which is relatively high and suggests a good standard of living for residents.

Major Employers and Industries in Round Rock 2024:

The largest sectors in Round Rock include Wholesale Trade, Retail Trade, Accommodation and Food Services, Manufacturing, and Health Care and Social Assistance. These industries provide significant employment opportunities for the local population.

Unemployment Rate Comparison to National Average:

Round Rock’s unemployment rate is lower than both the Texas and national averages. It stands at 3.4% compared to 4.1% for Texas and 3.6% for the US. This indicates a relatively healthy job market in the area.

Job Market Outlook:

• Employment levels in Round Rock have been generally increasing, with most industries reporting higher employment numbers compared to previous years. However, there has been a slight decrease in employees in the Information industry.
• Sectors with the highest average wages per worker include Management of Companies and Enterprises, Manufacturing, Wholesale Trade, and Professional, Scientific, and Technical Services. These sectors offer attractive employment opportunities with potentially higher wages.

In summary, Round Rock boasts a strong economy with a diverse range of industries, a relatively high median household income, and a low unemployment rate compared to state and national averages. The job market outlook appears positive, with employment levels on the rise and several high-wage sectors driving economic growth in the area.

Cost Of Groceries in Round Rock 2024

In Round Rock, the cost of groceries varies depending on the diet and shopping habits of consumers, with a range of grocery markets offering products at different price points. From budget-friendly options to more upscale choices, residents can find groceries to suit their preferences and budgets. We’ll consider the prices of some essential items like a loaf of bread, a gallon of milk, eggs, bananas, and hamburgers. These prices reflect the diversity of options available to Round Rock residents, allowing them to make choices that best fit their lifestyles and financial circumstances.

Utilities and Transportation Costs In Round Rock 2024

Average Utility Costs Round Rock 2024

Public Transportation Options and Costs Round Rock 2024

Note: Reduced Fare applies to Senior Citizens 65+ (ID Required), Paratransit Service Eligible Passengers, Active-Duty U.S. Military.

Average Commute Times and Transportation-Related Expenses In Round Rock 2024

Variable Costs of Living in Round Rock, TX

While basic costs such as housing, groceries, and utilities provide a foundation for understanding the cost of living in Round Rock, individual lifestyle choices can significantly impact expenses. Variable costs include dining out, entertainment, leisure activities, and personal indulgences. These costs vary depending on personal preferences and habits, making it essential for residents to budget accordingly based on their lifestyles.

Round Rock Has A Lot To Explore

When thinking about living costs in Round Rock, don’t forget about all the fun things you can do here! Whether you’re into trying giant donuts at Round Rock Donuts or watching games at Dell Diamond Stadium, there’s something for everyone.

Some activities, like exploring the historic district or hanging out at Brushy Creek Lake Park, are free or cheap. But for others, like going to water parks or sports events, you might need to pay a bit. Food lovers can enjoy snacks at Round Rock Market Days, while shoppers can find deals at the outlets or shopping centers. With so many affordable things to do, living in Round Rock can be both fun and budget-friendly!