Cedar Park is a medium-sized city located in the state of Texas. With a population of 79,462 people and 12 constituent neighborhoods, Cedar Park is the 62nd largest community in Texas. Much of the housing stock in Cedar Park was built relatively recently. The construction of new real estate can often be taken as an indication that the local Cedar Park economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Cedar Park, where the median household income is $104,019.00.
Cedar Park real estate is some of the most expensive in Texas, although Cedar Park house values don't compare to the most expensive real estate in the U.S.
Cedar Park is a decidedly white-collar city, with fully 89.57% of the workforce employed in white-collar jobs, well above the national average. Overall, Cedar Park is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Cedar Park who work in management occupations (14.02%), office and administrative support (12.22%), and sales jobs (12.08%).
Also of interest is that Cedar Park has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.23% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Cedar Park is a great place for families with children to consider. First of all, many other families with children live here, making Cedar Park a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Cedar Park has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Cedar Park’s overall crime rate is lower than average for the country.
If knowledge is power, Cedar Park is a pretty powerful place. 50.10% of the adults in Cedar Park have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Cedar Park in 2018 was $41,596, which is wealthy relative to Texas and the nation. This equates to an annual income of $166,384 for a family of four.
Cedar Park is an extremely ethnically-diverse city. The people who call Cedar Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cedar Park residents report their race to be White, followed by Asian. Cedar Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 20.25% of the city’s residents. Important ancestries of people in Cedar Park include German, Irish, English, European, and Italian.
The most common language spoken in Cedar Park is English. Other important languages spoken here include Spanish and Langs. of India.