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
+0.7% YoY
Labor Force
1530.7M
Unemployment Rate
3.2%↓
Employment & Wages
Labor market health and income trends
Employed
1.5M
Weekly Wage
$1,757
Annual Wage
$91,364
Per Capita Income
$80,471
Unemployment Rate (12 Months)
2024-12-012025-12-01
💡
Labor Market Insight
With 1530.7M workers and 3.2% unemployment, Austin's labor market remains tight. Construction employs 166K workers (12.0% of total), reflecting ongoing development activity.
Housing Market
Prices, inventory, and market velocity
Median List
$455K
-8.8% YoY
Active Listings
8,442
+6.8% YoY
Days on Market
91
+37.9% YoY
$/Sq Ft
$236
Median Price Trend
2025-02-012026-01-01
Inventory Trend
2025-02-012026-01-01
2,920
New Listings
2,712
Pending
2,283
Building Permits
—
HPI YoY
Construction Pipeline
Development activity across the metro
327,453
Active Projects
$1044.01B
Total Value
118,747
New Construction
+11828
Started (6mo)
📋 City of Austin Site Plans
23,461
Total Cases
338
Approved
27,671
Proposed Units
Construction Employment Trend
2025-01-012025-12-01