Cedar Park is a larger medium-sized city located in the state of Texas. With a population of 77,516 people and 20 associated neighborhoods, Cedar Park is the 51st 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 $123,972.00.
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.
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.
Telecommuters are a relatively large percentage of the workforce: 27.78% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
If knowledge is power, Cedar Park is a pretty powerful place. 55.16% 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 2022 was $54,836, which is wealthy relative to Texas and the nation. This equates to an annual income of $219,344 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 18.20% of the city’s residents. Important ancestries of people in Cedar Park include German, English, Irish, Italian, and Scottish.
In addition, Cedar Park has a lot of people living here who were born outside of the US (18.12%).
The most common language spoken in Cedar Park is English. Other important languages spoken here include Spanish and Langs. of India.