Cedar Park, TX
Population 77,474 · Texas
About Cedar Park, TX
Cedar Park is a mid-sized city located in Texas with a population of 77,474 residents according to the latest US Census Bureau American Community Survey data. The median household income is $123,972 per year, which is 65% above the national median of $75,149. The median age of 37.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cedar Park features a median home value of $474,800, which is 94% above the national median of $244,900. This places Cedar Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,753, 51% above the national average of $1,163/month. Of the 29,220 total housing units, 67% are owner-occupied (19,342 units) and 33% are renter-occupied (9,381 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cedar Park shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 5.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cedar Park have an average one-way commute time of 26 minutes.
Education & Demographics
55.2% of Cedar Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 12.8% White, 1.6% Hispanic or Latino, 0.9% Black or African American, and 4.0% Asian residents, with 18.1% of the population being foreign-born.
Cost of Living in Cedar Park, TX
Compared to national averages, Cedar Park has a median household income of $123,972 (65% above the national median of $75,149). Home values average $474,800, which is 94% above the national median. Monthly rent at $1,753 is 51% above the US average of $1,163. Within Texas, Cedar Park's income is 70% above the state average of $72,726, and home values are 124% above the state median of $211,769.
Why Live in Cedar Park, TX?
Cedar Park offers a strong local economy with a median household income of $123,972, well above the national average, and a well-educated community where 55.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $474,800. However, as a mid-sized city, Cedar Park provides access to a wide range of amenities and services.
Cedar Park has a population of 77,474 with a median age of 37.5 years. Compare Cedar Park with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Cedar Park
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Flower Mound | 77,886 | $157,737 | $514,100 | Compare |
| Georgetown | 78,803 | $91,857 | $398,600 | Compare |
| Mansfield | 75,398 | $116,590 | $380,000 | Compare |
| Missouri City | 75,234 | $96,746 | $281,600 | Compare |
| Pharr | 79,809 | $49,884 | $111,500 | Compare |
| Longview | 82,765 | $62,488 | $182,700 | Compare |
| Harlingen | 71,669 | $55,891 | $125,700 | Compare |
| Baytown | 84,538 | $61,699 | $187,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cedar Park With Other Cities
Frequently Asked Questions about Cedar Park
What is the population of Cedar Park, TX?
The population of Cedar Park, TX is 77,474 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Cedar Park?
The median household income in Cedar Park, TX is $123,972 per year, which is 65% above the national median of $75,149.
What is the median home value in Cedar Park?
The median home value in Cedar Park, TX is $474,800, which is 94% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cedar Park?
The median monthly rent in Cedar Park, TX is $1,753, which is 51% above the national average of $1,163/month.
What is the unemployment rate in Cedar Park?
The unemployment rate in Cedar Park, TX is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cedar Park, TX a good place to live?
Cedar Park offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 77,474 and a median age of 37.5, the city appeals to a broad range of residents.
How educated is Cedar Park, TX?
55.2% of residents in Cedar Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cedar Park?
Key cost-of-living indicators for Cedar Park, TX: median home value is $474,800 (94% above national), median rent is $1,753/month, and median household income is $123,972. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Cedar Park?
The poverty rate in Cedar Park, TX is 5.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cedar Park, TX?
Cedar Park's population is 12.8% White, 1.6% Hispanic or Latino, 0.9% Black or African American, 4.0% Asian, and 3.2% two or more races. 18.1% of residents are foreign-born.