Cedar Park, TX

This city of 79,814 residents needs 2,438 more housing units over the next five years. Cedar Park is part of the Capital Area MPO.

Housing snapshot

Population
79,814 (2026)
Households
29,602
Median household income
$140,697 (2026)
Typical home value
$456,104
Owner-occupied
66%
Five-year housing need
2,438 units

Comparison to other Texas municipalities

Cedar Park: $140,697 Median income (2026 estimate)
<$23K >$162K
Cedar Park: 1.0 jobs to household ratio
<0 >2.52
Cedar Park: Permits since 2021 represent 0.7% of housing
<0% >28%
On this page

How affordable is this community?

The typical home in Cedar Park, TX is valued at $456,104, well above the Texas average of $245,578. Cedar Park, TX's median household income of $140,697 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Cedar Park, TX has a population of roughly 78,301, growing steadily at 2.3% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Cedar Park, TX is a growing community of roughly 29,602 households, with population increasing at 2.3% per year.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

The housing stock in Cedar Park, TX is heavily oriented toward detached single-family, which makes up 73% of units. Homeownership is the norm in Cedar Park, TX, with 66% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Cedar Park, TX needs 2,438 new units over the next 5 years.

1,585
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
5.4%
Projected household growth rate
Expected increase in total households from 29,602 in 2026 to 31,187 in 2031.
853
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
107
Replacement housing
Effective annual loss rate is 0.7 per 1,000 units.
277
Ownership vacancy adjustment
Owner-occupied vacancy is 0.1%. This is below the minimum stable target of 1.5%.
392
Rental vacancy adjustment
Rental vacancy is 3.8%. This is below the minimum stable target of 7.4%.
77
Substandard housing adjustment
Substandard housing rate is 1.25%. This is above National avg. of 0.98%.
2,438
Total 5-year housing production need (2026-2031)
488
Annual production pace
Average units needed per year to meet 5-year need
8.3%
Total housing unit growth
Percent increase in housing stock over 5 years
1.7%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?