Cedar Park, a major suburb of Austin, is a city in Travis and Williamson Counties, Texas. The city's economy depends on sectors like software, biotech, advanced manufacturing and oil exploration industries. Major employers include Baker Drywall Company, MD/TOTCO and ETS Lindgren. Chase Bank and Bank of America are among the significant banks operating here. The average home value is $164,000; rent is $1,045 and average income is $49,110.