WhereCanIAfford › Austin, TX › On $425,000

Is Austin, TX affordable on a $425,000 salary?

YES On $425,000/yr, the typical $426,944 home in Austin, TX needs $128,264/yr ($2,993/mo). Your gap: +$296,736 — housing would be 8.5% of your gross income.

The math

426,944 price − 10% down (42,694) = 384,250 loan
30-yr fixed at 6.69% on 384,250 = 2,477/mo principal+interest
+ 516/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,993/mo PITI ÷ 0.28 = 10,689/mo → 128,264/yr required

against Zillow ZHVI 2026-06 and the 6.69% FRED 30-yr rate (2026-08-06).

What salary WOULD clear Austin, TX?

You need about $128,264/yr for the typical home. On $425,000 you already clear it by $296,736.

On $400,000? On $450,000? On $475,000?

See the full Austin, TX affordability breakdown → or every metro you can afford on $425,000 →