2023 Housing Needs Assessment
The City of Marble Falls Housing Needs Assessment was prepared in early 2023 to identify the critical housing issues facing the community today and in the future. The assessment includes an analysis of demographic and economic trends, a comprehensive look at the city’s current housing stock, and a detailed breakdown of the housing needs within the city.
The City’s housing market has tightened significantly in recent years with an influx of new residents that has increasingly pushed local residents and workers out of the market who are unable to afford escalating housing prices. Current and emerging trends indicate that the city is facing a growing workforce housing challenge with a growing affordability gap for local workers who will continue to be pushed out of the housing market, potentially constraining local economic growth with local businesses unable to attract and retain workers.
Overall, the results of the housing needs assessment indicate the city is facing a precarious housing challenge that threatens to accelerate and further adversely impact the City’s workers and residents unless new interventions are made, and strategic action is taken.