The report discovered Austin's unemployment rate is only 3 percent, and an Austinite with median earnings landed at $53,729 annually. The average housing costs in the city make up 37.7 percent of an individual's yearly income, which can be estimated at about $1,688 per month.
Despite the vast number of workers braving Austin traffic on the daily, the city was highlighted in a separate SmartAsset study for having one of the biggest remote workforces. For those who do need to drive to and from work, that study revealed the average commute time in Austin is about 22 minutes long.
[
Collection
]
[
|
...
]