78757 ZIP County
Essential Insights for Homebuyers and Renters
The 78757 ZIP code, situated in Austin, Texas, is a vibrant area within Travis County known for its diverse community and high population density. Covering 4.951 square miles, it offers a rich blend of residential neighborhoods and urban amenities, making it a desirable location for many.
Home to over 24,712 residents, the 78757 ZIP code predominantly features a demographic of individuals in their late 20s to early 40s, reflecting a dynamic and youthful population. This area is not only popular for its community vibe but also for its strategic proximity to central Austin's bustling lifestyle.
Within 78757, there's a significant mix of single-family homes, apartments, and commercial spaces, catering to various living preferences and needs. As part of Travis County, this ZIP code benefits from the county's well-managed infrastructure and services, ensuring a high quality of life for its residents.
More about ZIP 78757
Geographical Context
78757 is a vibrant zip code located in Austin, TX. This area is notable for its strategic location within the city, distinct boundaries, encompassing land area, and the specific time zone and area code it falls under.
Location in Texas
The 78757 zip code is situated within the city of Austin, which is the capital of Texas. Austin is located centrally within the state and is part of Travis County. This location places 78757 in the heart of a major urban area known for its thriving tech industry, music festivals, and vibrant cultural scene. The central position within Texas allows easy access to various parts of the state, making it a crucial hub for both business and leisure.
Boundaries and Area
The 78757 zip code encompasses approximately 4.951 square miles of land. It is distinctly outlined within Austin and provides a clear demarcation from neighboring zip codes. Bordered by other significant areas of Austin, 78757 is acknowledged for its residential neighborhoods and some commercial zones. According to data, this locality houses over 24,700 residents, contributing to a dense yet manageable urban environment.
Time Zone and Area Code
78757 operates in the Central Time Zone, which is UTC-6 during standard time and UTC-5 during daylight saving time. This places it in alignment with many major cities in the central United States, facilitating synchronized business operations and travel schedules. The area code assigned to 78757 is 512, a well-known code that covers most of Austin and some surrounding regions. This area code is integral for telecommunications within this active zip code.
Demographics
The 78757 zip code in Austin, TX, is a vibrant and diverse area with a significant population density, a mix of ethnicities, and various education levels. This section will explore the population, racial composition, age distribution, gender, family size, and educational attainment of residents.
Population Overview
The 78757 zip code has an estimated population of around 25,860 as of 2022. This area has seen population growth since 2010 when the population was approximately 21,310. The area is characterized by its high population density. A significant proportion of individuals living in this zip code work within the same county, signaling a strong local employment scene.
Ethnicity and Race
The racial and ethnic makeup of the 78757 zip code is diverse. The majority of residents are white, forming the largest ethnic group. Hispanic individuals also represent a substantial portion of the population. Smaller yet significant percentages of Asian, Black, and Native American residents contribute to the multicultural landscape of the area. This blend of ethnicities enhances the community's cultural richness.
Age Distribution
Residents of the 78757 zip code span a range of age groups, with a notable concentration in the late 20s to early 40s age bracket. The median age of residents is indicative of a middle-aged population. Children, teenagers, and older adults are also well-represented, revealing a balanced age distribution that supports a variety of community services and amenities.
Gender and Family Size
The gender distribution in 78757 is relatively balanced between males and females. The area's households vary in size, with many families and individuals making up the community. The average family size aligns with typical urban settings, supporting a mix of single-person households, small families, and larger family units. This diversity in household composition shows the area's adaptability to differing living arrangements.
Education Levels
Education levels in the 78757 zip code reflect a community with an emphasis on higher education. Bachelor's degrees and professional degrees are common among residents. A notable number have also attained master's degrees. Meanwhile, others have achieved high school diplomas or associate's degrees, indicating a well-rounded educational background. The area values education, which likely contributes to its skilled and diverse workforce.
Economic Insights
The 78757 zip code area in Austin, Texas, exhibits a diverse economic landscape characterized by fluctuating housing markets, varied household incomes, and a mix of employment sectors. This section provides detailed insights into the area’s household income, employment, occupations, and housing market.
Household Income
In the 78757 zip code, the median household income and the average adjusted gross income reflect the economic status of its residents. Estimates indicate the area's household income varies widely, with high-income households having a noticeable presence.
Key Statistics:
Median Household Income: Data not explicitly available but inferred to align with local and national trends.
Average Adjusted Gross Income: Information on average specific figures not provided.
Income Distribution: The area has a significant portion of families and high-income households.
Employment and Occupations
Employment in the 78757 zip code encompasses various sectors, leading to diverse occupational opportunities and economic activities. The employment rate is robust, supported by a mix of local businesses and larger employers.
Key Sectors:
Primary Occupations: Include roles in technology, education, healthcare, and retail.
Employment Rate: Generally consistent with Travis County and Austin trends, though exact figures are not provided.
Available Data: Published economic data and employment indicators highlight the area’s stable job market and professional diversity.
Housing Market
The housing market in the 78757 zip code area is dynamic, with home values and sales trends reflecting broader economic conditions.
Market Characteristics:
Median Home Value: $628,711, with a slight decrease of 0.1% year-over-year.
Households and Occupancy Rates: Approximately 52% of homes are owner-occupied, while 48% are rented.
Vacancy Rate: Around 8%, indicating a healthy demand for housing.
Housing Units: Diverse options ranging from single-family homes to apartments bespoke to various income levels.
The combination of stable household incomes, diversified employment sectors, and a resilient housing market makes the 78757 zip code a significant area within Austin's broader economic landscape.
Housing and Living Environment
78757 in Austin, TX showcases a diverse and dynamic living environment with a range of housing options that cater to various family sizes and income levels. Examining the residential profile and real estate trends provides clarity on what residents can expect in this area.
Residential Profile
The 78757 zip code is home to approximately 24,712 people, with a population density that is higher compared to other regions. About 10,995 households exist within this zip code, where families average 3.12 members. The majority of the population falls into the late 20s to early 40s age category.
A notable feature is that a high percentage of residents, 94%, both live and work in Travis County. This indicates a tightly knit community with lower commuter statistics compared to other regions. Housing types include single-family homes, apartments, and duplexes, with a significant number of older properties noted in the area.
Real Estate Trends
Housing units in 78757 are varied, with 4,602 properties having mortgages and additional layers like second mortgages or home equity loans being common. Affordability and value play significant roles in the real estate market here.
The Housing Affordability Index in this area is above 100, suggesting that residents with median household incomes can typically afford median-priced homes. Median house values in the 78757 zip code reflect competitive pricing in Austin's real estate market. Recent growth rates show steady demand, which influences home values and rental prices alike.
Property sizes range modestly, and the diverse real estate market includes both modern homes and those with historical significance, creating a blend of new and traditional architectural styles. These factors contribute to the unique and desirable living environment found in 78757.
Education and Public Resources
The 78757 ZIP code in Austin, Texas, offers a diverse range of public schools serving different educational levels with varied performance metrics. These schools are essential to the community's educational framework.
Public Schools
The area is home to eight public schools, including four elementary schools, two middle schools, one high school, and one alternative school.
These schools provide foundational education.
They cater to young students with a variety of educational programs and resources.
Middle Schools:
Target early adolescent education.
Focus on transitioning students from elementary to high school.
High Schools:
Offer comprehensive education covering grades 9-12.
Prepare students for college and vocational paths.
Alternative Schools:
Serve students with unique educational needs.
Provide tailored educational approaches that differ from traditional methods.
Local Economy
The 78757 ZIP code area, situated in Austin, TX, is a bustling hub with a diverse array of business sectors contributing to a dynamic local economy. Growth rates and employment statistics show promising trends, bolstered by the increasing average household income.
Business Sectors
The 78757 area is home to a variety of businesses ranging from tech startups to established companies in retail and services. Tech companies have a notable presence, reflecting Austin's reputation as a tech hub. Local shops, restaurants, and service-oriented businesses create a vibrant commercial landscape.
Restaurants: A broad range of dining options including Tex-Mex, barbecue, and international cuisines reflect the area's diverse population.
Retail: Various shopping centers and independent stores provide ample shopping opportunities.
Services: Health services, educational institutions, and financial firms are significant employers.
Economic Growth
The economic growth in the 78757 area has remained robust. The employment rate indicates a healthy job market, with lower unemployment levels relative to state averages. Employment opportunities have increased, thanks to business expansions and new ventures.
Growth Rate: Economic indicators show a steady annual growth rate in the local businesses sector.
Household Income: The average household income has risen, reflecting the area's economic prosperity. Based on the latest data, the average household income in this ZIP code is competitive with other parts of Austin, aiding discretionary spending.
The confluence of diverse business sectors and sustained economic growth makes 78757 a sought-after region for both business and residence.
