page_title: Travis County, Texas
section_title: Economy
hierarchical_section_title: Travis County, Texas / Economy
caption_attribution_description: English: Old University Savings Building (USB Building), a Travis County, Texas facility at 1010 Lavaca Street
context_page_description: Travis County is located in south central Texas. As of the 2010 census, the population was 1,024,266; the estimated population in 2019 was 1,273,954. It is the fifth-most populous county in Texas. Its county seat is Austin, the capital of Texas. The county was established in 1840 and is named in honor of William Barret Travis, the commander of the Republic of Texas forces at the Battle of the Alamo.
  Travis County is part of the Austin-Round Rock Metropolitan Statistical Area. It is along the Balcones Fault, the boundary between the Edwards Plateau to the west and the Blackland Prairie to the east.
context_section_description: As of 2017, Travis County had a median household income of $68,350 per year, and a per capita income of $38,820 per year. 13.9% of the population lived below the poverty level. The county's largest employers are governments (the State of Texas, the US Federal Government, Travis County and the City of Austin) and public education bodies. Other major employers are concentrated in industries relating to semiconductors, software engineering and healthcare.
  Travis County, along with other Texas counties, has one of the nation's highest property tax rates. In 2009, the county was ranked 88th in the nation for property taxes as percentage of the homes value on owner-occupied housing. Travis County also ranked in the top 100 for amount of property taxes paid and for percentage of income paid as tax. Property tax rates are generally high in Texas because the state does not levy an income tax.
caption: A county complex at 1010 Lavaca Street
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