The area had growth of 2.7 percent during that time period. 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Renters in Austin are feeling the same sort of financial pinch. By 2020, the city is expected to be home to nearly 950,000 people. QuickFacts Austin city, Texas QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. Total number led homes in Austin, by type Total Home Population: 324,892 Population of Family homes: 168,582 Population of 15 to 24 year olds: 8,559 Population of 25 to 34 year olds: 39,304 Population of 35 to 44 year olds: 42,535 That's up to you.  Estimates are not comparable to other geographic levels due to methodology differences that may exist between different data sources. A new report from the City of Austin’s auditor predicts the city’s population will swell from an estimated 855,136 in 2015 to 943,555 in 2020. “Unfortunately, with housing demand at an all-time high in our region and housing inventory levels near an all-time low,” Guthrie says, “our region’s housing market is increasingly becoming more unaffordable, and its infrastructure is becoming more and more strained as homebuyers look further and further outside of Austin to find a home that’s affordable.”. A new report from the City of Austin’s auditor predicts the city’s population will swell from an estimated 855,136 in 2015 to 943,555 in 2020. There's now a new wrinkle that shows just how big our city could soon get. This projection from Robinson would unfortunately mean many of the problems Austin has been dealing with the past decade or so would continue to grow. Austin by itself is made up of 981,035 people as of Jan. 1. In 2016, the Austin area saw construction begin on about 13,400 homes, according to Metrostudy. Brandy Guthrie, 2017 president of the Austin Board of Realtors, is one of many local leaders voicing concerns over housing affordability — an issue that has spilled from the city into the suburbs. The current metro area population of Austin in 2020 is 2,053,000, a 3.43% increase from … In a survey, renters gave a grade of C to housing affordability in Austin, with public transit and commute times being the only factors that received lower marks.