CBSA 12420 · 5 Counties
Austin-Round Rock-Georgetown
The complete economic picture of Texas's fastest-growing major metro. From labor markets to housing, construction to wages — all powered by Federal Reserve data.
Gross Domestic Product
$248.1B
Annual GDP
Total Nonfarm Jobs
1.4M
+0.6% YoY
Labor Force
1523.2M
+0.5% YoY
Unemployment Rate
3.9%↑
Employment & Wages
Labor market health and income trends
Employed
1.5M
Weekly Wage
$1,756
Annual Wage
$91,312
Per Capita Income
$80,471
Unemployment Rate (12 Months)
2024-09-012025-08-01
💡
Labor Market Insight
With 1523.2M workers and 3.9% unemployment, Austin's labor market remains tight. Construction employs 164K workers (11.9% of total), reflecting ongoing development activity.
Housing Market
Prices, inventory, and market velocity
Median List
$490K
-2.0% YoY
Active Listings
11,484
+17.1% YoY
Days on Market
80
+3.9% YoY
$/Sq Ft
$247
Median Price Trend
2024-11-012025-10-01
Inventory Trend
2024-11-012025-10-01
2,926
New Listings
3,134
Pending
1,033
Building Permits
—
HPI YoY
Construction Pipeline
Development activity across the metro
1,000
Active Projects
$5.03B
Total Value
405
New Construction
+716
Started (6mo)
📋 City of Austin Site Plans
23,378
Total Cases
338
Approved
27,671
Proposed Units
Construction Employment Trend
2024-09-012025-08-01
Counties
Data Sources
Updated: 10/1/2025