Neighborhood in Austin, Travis County

Living in Parker Lane, Austin

C

143rd of 206areas in Austin
Overall score 41 of 100 vs Texas neighborhoods
Austin overall: B-

Parker Lane is a neighborhood in Austin, TX, home to about 3,900 people. It gets a C, around the middle of Texas neighborhoods, and ranks 143rd of 206 areas we score in Austin. It does best on education levels and worst on schools.

  • Lots of parks
  • Schools scores low (9 of 100)
  • Tornado risk is very high

Closest everyday places

Grocery store0.4 mi
Pharmacy0.8 mi
Park0.2 mi
Cafe0.6 mi
Restaurant0.2 mi
Gym0.5 mi
Hospital or urgent care0.9 mi
Childcare0.4 mi
Library1.0 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
3,860
Median rent
$1,500
Median home value
$419,000
Household income
$75,400
Average commute
23 min
Homes owned
19%
Loading map

What it's like to live in Parker Lane

Parker Lane is a neighborhood in Austin with about 3,900 residents, homes built around 1993, mostly rented (81% of homes) and 4% of households with children.

It grades C against every neighborhood in Texas and ranks 143rd of 206 areas in Austin, which grades B- overall.

Pros of living in Parker Lane

  • Cheaper rent than the city. Median rent is $1,500, 13% lower than the Austin median.
  • Groceries close by. The nearest grocery store is about 0.4 miles from the middle of the neighborhood.
  • Parks within walking distance. The closest park is about 0.2 miles away.

Cons of living in Parker Lane

  • Lower-rated schools nearby. Only 0 of the 3 closest public schools are rated A or B.
  • Natural hazard risk. FEMA rates the risk of tornadoes and hail as very high in this part of town.

Parker Lane report card

Each grade compares Parker Lane with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade C-

    Median rent $1,500, homes cost 5.6x income.

    33 of 100 vs TX areas

  • Jobs and income: grade C-

    Median household income $75,400, 3.1% unemployed.

    38 of 100 vs TX areas

  • Schools: grade D-

    Nearby schools average 69 of 100 on the state rating.

    9 of 100 vs TX areas

  • Safety: no grade

    Citywide, 422 violent crimes per 100k, 3,099 property crimes per 100k.

    No score vs TX areas

  • Errands and things to do: grade B

    Most everyday stores and services within a mile of homes.

    64 of 100 vs TX areas

  • Getting around: grade A-

    Average commute 23 min, 24% work from home.

    84 of 100 vs TX areas

  • Education levels: grade A-

    59% have a bachelor’s degree.

    84 of 100 vs TX areas

  • Health: grade C-

    17% of adults uninsured.

    38 of 100 vs TX areas

  • Home ownership: grade D

    19% of homes owner-occupied.

    24 of 100 vs TX areas

  • Internet access: grade C+

    93% of homes have broadband.

    49 of 100 vs TX areas

Parker Lane compared with Austin

Better than Austin

  • Median rent: $1,50013% lower than Austin ($1,729)
  • Home value to income: 5.6x6% lower than Austin (5.9x)
  • Workers who walk, bike or take transit: 7.2%2 points higher than Austin (5.3%)

Worse than Austin

  • Homes owned by the people living in them: 19%25 points lower than Austin (43%)
  • Median household income: $75,40019% lower than Austin ($93,658)
  • People below the poverty line: 16%4 points higher than Austin (12%)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • FLinder ElementaryElementary, Austin ISD0.2 mi
  • CLively MiddleMiddle, Austin ISD1.6 mi
  • CTravis Early College High SchoolHigh, Austin ISD0.8 mi

Cost of living in Parker Lane

Median rent in Parker Lane is $1,500 a month, 13% lower than the Austin median. A household would need about $60,000 a year to keep that rent at 30% of income.

The median home is worth $419,000, 25% lower than the Austin median, which means a monthly payment of about $2,864 with property tax at today's mortgage rates.

MeasureHereAustinTexas
Median rent13% lower than Austin$1,500$1,729$1,403
Median home value25% lower than Austin$419,000$555,300$283,800
Home value to income6% lower than Austin5.6x5.9x3.6x
Renters paying 30%+ of income on rent1 points lower than Austin47%48%52%
Homes owned by the people living in them25 points lower than Austin19%43%63%
Vacant homesAbout the same as Austin4.8%5.6%9.4%
Median year homes were builtAbout the same as Austin199319941992

Monthly cost to buy a median home

$2,864
Mortgage payment
$2,293
Property tax
$571
Median rent, for comparison
$1,500

Based on a $419,000 home in Parker Lane, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereAustinTexas
Median household income19% lower than Austin$75,400$93,658$78,476
Unemployment rate2 points lower than Austin3.1%4.7%5.3%
People below the poverty line4 points higher than Austin16%12%14%
Adults with a bachelor's degree or higherAbout the same as Austin59%60%34%
Average commute5% lower than Austin23 min24 min27 min
Workers who work from home7 points lower than Austin24%31%14%
Workers who walk, bike or take transit2 points higher than Austin7.2%5.3%2.6%
Homes with broadband internetAbout the same as Austin93%94%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingVery low
  • HurricanesModerate
  • TornadoesVery high
  • HailVery high
  • Heat wavesHigh
  • WildfiresLow
  • Winter stormsLow
  • Strong windLow

Who lives in Parker Lane

Under 182.8%
18 to 3453%
35 to 6438%
65 and over5.9%
Race and ethnicity
White53%
Hispanic or Latino26%
Black11%
Asian5.6%
Other or more than one race4.5%

Shown for information only. It is never part of any grade.

Other neighborhoods in Austin

  1. 1A+TarrytownMedian rent $3,280
  2. 2A+Glen RidgeMedian rent $1,190
  3. 3A+Appaloosa Run
  4. 4A+Northwest HillsMedian rent $1,900
  5. 4A+Westover HillsMedian rent $1,570
  6. 6A+The GroveMedian rent $1,870
  7. 7A+Violet Crown HeightsMedian rent $1,530
  8. 8A+Old West AustinMedian rent $3,270

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. CMonte VistaSan Antonio
  2. CPorrasMidland
  3. C-South Texas Medical CenterSan Antonio

Questions about Parker Lane

Is Parker Lane a good place to live?

Parker Lane is a neighborhood in Austin, TX, home to about 3,900 people. It gets a C, around the middle of Texas neighborhoods, and ranks 143rd of 206 areas we score in Austin. It does best on education levels and worst on schools.

How much does it cost to live in Parker Lane?

Median rent in Parker Lane is $1,500 a month, 13% lower than the Austin median. The median home is worth $419,000, 25% lower than the Austin median. A median home costs 5.6x the median household income, compared with 5.9x across Austin.

What schools serve Parker Lane?

The closest rated public schools are Linder Elementary (elementary, rated F), Lively Middle (middle, rated C) and Travis Early College High School (high, rated C). School zones can differ from the closest school, so check with the district.

This area is built from 3 Census block groups closest to the Parker Lane name on the map, so its edges are approximate. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.