The typical owner-occupied home in Round Rock is worth about $418,600, 47% above the Texas median of $283,800 and 26% above the national median of $332,700. Owners pay a median $6,424 a year in property taxes, about 1.53% of their home's value, close to the Texas rate of 1.49%. The median household earns $99,287 a year, so the median home costs 4.2 times the median income (3.6 times for Texas). 56% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Round Rock at a glance
| Round Rock | Texas | U.S. | |
|---|---|---|---|
| Median home value | $418,600 | $283,800 | $332,700 |
| Median property tax paid per year | $6,424 | $4,232 | $3,119 |
| Property tax as a share of value | 1.53% | 1.49% | 0.94% |
| Median household income | $99,287 | $78,476 | $80,734 |
| Homes lived in by their owners | 56% | 63% | 65% |
| Owner homes with a mortgage | 70% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,364 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 21.7% | 21.0% |
| Median rent | $1,763 | $1,403 | $1,413 |
| Rent as a share of renters' income | 30.4% | 30.9% | 30.6% |
| Median year homes were built | 2002 | 1992 | 1980 |
| Vacant homes | 4.9% | 9.4% | 10.1% |
| Population | 127,786 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Round Rock
At this week's average 30-year rate of 7.11%, buying the median Round Rock home of $418,600 with 20% down costs about $2,961 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,658, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $126,895 for the 20%-down payment. That payment is 36% of the median Round Rock household income of $99,287; at that income and 20% down, the 28% guideline points to a home of about $328,000.
The median rent here is $1,763 a month, so owning the median home costs about $1,198 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $83,720 |
|---|---|
| Loan amount | $334,880 |
| Principal and interest | $2,253 |
| Property taxes (1.53% a year) | $534 |
| Homeowners insurance (our estimate, 0.5% a year) | $174 |
| PMI | $0 |
| Total per month | $2,961 |
Change the numbers in the calculator
| Down payment | $14,651 |
|---|---|
| Loan amount | $411,018 |
| Principal and interest | $2,765 |
| Property taxes (1.53% a year) | $534 |
| Homeowners insurance (our estimate, 0.5% a year) | $174 |
| FHA mortgage insurance | $185 |
| Total per month | $3,658 |
Change the numbers in the calculator
Questions about home buying in Round Rock
What is the median home value in Round Rock?
About $418,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Round Rock?
Homeowners pay a median $6,424 a year, which is about 1.53% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Round Rock?
For the median home with 20% down at 7.11%, the payment is about $2,961 a month. Keeping that under 28% of gross income takes about $126,895 a year.
More about Round Rock
- Mortgage Refinance in Round Rock
- Debt Relief in Round Rock
- Home Equity Loans in Round Rock
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data