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Looking for livability and affordability? Look no further than Austin & Round RockLooking for livability and affordability? Look no further than Austin & Round Rockhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=119812016-02-04T06:00:00Z2016-02-04T20:30:00Z

​AUSTIN-ROUND ROCK - ​When considering where to live, the balance of affordability and livability is one of the biggest decisions a family can make. 

Two recent studies focus on those issues for residents of Austin and Round Rock.​

Austin was named the top city in the country for young families in a study by personal finance website ValuePenguin. 

In a separate study, Round Rock was ranked fourth on the list of the most affordable U.S. cities to live in by the research website Livability. ​

On the ValuePenguin listing, Austin came in sixth for household spending on mortgages, 11th for the quality of its schools and 13th for its economic strength.

However, the city was dinged for its cost of living (ranking 110th nationwide) and its average commute (ranking 130th at 26.6 minutes), two of the most common complaints about Austin.

As economic forecaster Angelos Angelou said recently, both problems are expected to worsen as the population climbs—the city is expected to add 70,000 residents in 2016​ alone. 

By contrast, Round Rock was highlighted for its balance of amenities and affordability.

The city "offers income equality, robust entertainment options, favorable economic conditions and ideal consumer spending," the Livability researchers wrote.

The researchers found Round Rock residents spend less than 28 percent of their salaries on housing and spend less on groceries and utilities than the average American.

They said the median household income of $71,000 "goes a long way in Round Rock," and highlighted its quality-of-life amenities and the low unemployment rate, which state records show dropped to 2.9 percent in December. ​

Austin Business Journal
Austin-Round Rock
Market Overview
http://www.bizjournals.com/austin/news/2016/02/01/austin-round-rock-draw-high-livability.html

​To see the afforadbility report, visit Livability​. For the Best Cities for Young Families report visit ValuePenguin​

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