Austin, Minnesota Median Income

Austin, Minnesota has a population of 26,174, with a median household income of $53,200.

Current median income data for Austin.

$53,200

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Population

26,174

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Median Income

$53,200

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Unemployment

4.30%

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Housing Price

$165,000

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Crime Rate

3.40

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Internet Speed

1000.00 Mbps

Austin is a smaller urban community located in Minnesota. The city has a population that is above the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Austin, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Austin has a population of 26,174, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Austin is $53,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Austin is about $165,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Austin is 4.30%, slightly above the state average, suggesting moderate employment conditions. Austin has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Austin shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Austin contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Austin

What is the population of Austin?

The population of Austin is approximately 26,174.

Is Austin a good place to live?

Austin offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Austin?

The median household income in Austin is around $53,200.

How expensive is housing in Austin?

The average housing price in Austin is approximately $165,000.