78733 ZIP Neighborhood
A Comprehensive Guide to Living and Amenities
Nestled within the vibrant city of Austin, Texas, the 78733 ZIP code offers a unique blend of suburban tranquility and urban convenience. This area is characterized by its luxurious homes, primarily built in the 1980s and 2000s, with a median home value of $487,900—significantly higher than the national average. The neighborhood's picturesque scenery, including views of Lake Austin, adds to its appeal for residents.
78733 is a predominantly residential area with a majority of households being owner-occupied or mortgaged, reflecting stable community demographics. The socio-economic status of the residents can be classified as Upper Middle Class based on median household and adjusted gross incomes. Rob Roy is one of the standout neighborhoods, known for its large lots and luxurious homes.
For families considering a move, the public schools in 78733 are highly regarded, making it one of the best ZIP codes for families in Texas. The majority race/ethnicity in this area is White, both in the general populace and in public schools, contributing to the neighborhood's cohesive community feel.
More about ZIP 78733
Overview of 78733 ZIP Code
78733 is a notable ZIP code within Austin, TX, known for its affluent neighborhoods and higher-than-average home values. It serves as a key residential area within Travis County and the Central Texas region.
Location and Geography
78733 is situated in the western part of Austin, TX, within Travis County. This area lies in proximity to Bee Cave, providing residents with a blend of suburban tranquility and easy access to urban amenities in the larger Austin metro area.
The ZIP code covers a mix of landscapes, including rolling hills and sections of the Colorado River. Homes here are often surrounded by natural beauty, contributing to a peaceful living environment.
Significance of ZIP Code System
The ZIP code 78733 plays an essential role in the local economy and community organization. It indicates a high-income area with median household incomes often surpassing $100,000, reflecting the affluence of its residents.
Given its high property values, the 78733 ZIP code is not known for housing bargains. Homes, primarily built in the 1980s and 2000s, highlight its development history and appeal to affluent homebuyers.
Within the Austin-Round Rock metro area, 78733 stands out as a desirable location due to its quality of life, access to excellent public schools, and overall community stability.
Demographics and Population
The 78733 ZIP Code in Austin, TX, is notable for its diverse population and varying age distribution, along with a strong emphasis on education among its residents. Below are detailed insights into the key demographic factors.
Population Statistics
The population of the 78733 ZIP Code is approximately 9,014 residents. This area features a mix of families and individuals, with a substantial number of middle-aged adults.
Families reside in large numbers, contributing to the community-oriented nature of the neighborhood. The population density is slightly less than average compared to other areas. This makes it a desirable place for those seeking a balance between community living and space.
Age Distribution and Median Age
Residents in the 78733 ZIP Code have a median age of 42.2 years. This median age is older than the national median of 38.1 years.
The community is composed predominantly of middle-aged individuals, with significant numbers of people in their late 30s and early 40s. There is a smaller proportion of young adults in their 20s. The age distribution indicates a stable environment attractive to families and more established adults.
Educational Attainment
Education levels in the 78733 ZIP Code are notably high. A considerable portion of the population holds a bachelor's degree or higher.
Educational Attainment:
Master's degree or higher
Bachelor's degree
Some college or associate's degree
High school diploma or equivalent
Less than high school diploma
This indicates that the area places a significant emphasis on higher education, contributing to an educated and skilled community.
Racial and Ethnic Composition
The demographic data shows the 78733 ZIP Code to be predominantly white, with variations in the presence of other racial and ethnic groups.
Racial Composition:
White
Hispanic
Asian
African American
Other race
American Indian
Alaska Native
Hawaiian
Pacific Islander
While the community is mainly white, the presence of other ethnic groups adds to the diversity and cultural richness of the neighborhood. The area maintains a diversity grade reflecting this mix, making it a vibrant and inclusive community.
Economic Profile
The 78733 ZIP code in Austin, Texas, features affluent neighborhoods with high income levels, upscale real estate, and a range of local businesses providing employment opportunities.
Income Levels
Households in the 78733 ZIP code enjoy a median household income significantly above the national average, reported at $102,239. Most residents are employed in professional and managerial roles, often requiring higher education. Notably, 82% of adults hold at least a bachelor's degree, adding to the area’s affluent profile. This education-to-income correlation results in a household income in the 99th percentile nationwide.
Home Values and Real Estate
The average home value in 78733 stands at approximately $439,800, which is higher than the Austin-Round Rock metro area average. Real estate activity here is robust, characterized by upscale suburban housing. Properties are primarily occupied by white, married couples. Due to the competitive housing market, finding bargains in this area is rare. The high property values reflect the area's desirable amenities and strong demand.
Local Businesses and Employment
The local economy in 78733 is bolstered by a variety of businesses, ranging from small enterprises to large corporations. Employment opportunities are plentiful, particularly in sectors like tech, finance, and healthcare. Many residents commute to nearby business hubs in Austin, benefiting from the city's burgeoning job market. Local businesses cater to the upscale population, ensuring a vibrant retail and service landscape.
By combining high-income levels, valuable real estate, and ample employment opportunities, the 78733 ZIP code presents itself as a thriving economic area.
Housing and Real Estate
The 78733 ZIP code area offers a diverse real estate landscape with a variety of home options and unique characteristics that appeal to potential buyers and residents alike.
Residential Landscape
In the 78733 ZIP code, prospective homebuyers can find an assortment of residential properties. Single-family homes are predominant, embodying styles from traditional to modern. Luxurious estates can be found in neighborhoods such as Rob Roy, characterized by large lots and scenic views of Lake Austin. The area's proximity to natural landmarks and recreational sites enhances its appeal. Many homes are situated on expansive plots, offering privacy and a connection to nature that urban areas lack.
Household Characteristics
Households in 78733 tend to be family-oriented with a focus on space and amenities. Average household sizes typically range from 3 to 4 individuals per household. This area supports a mix of family types, from young families to established ones, and often homes are designed to accommodate multi-generational living. Rob Roy and other high-end neighborhoods consistently attract residents looking for high-quality educational facilities and community-centered living. Household income levels tend to be higher than average due to the affluent nature of the area.
Real Estate Market Trends
The real estate market in the 78733 ZIP code is dynamic, with median listing prices around $1,400,000. Platforms like Zillow and Realtor.com list dozens of homes for sale, with ACTRIS and other MLS services ensuring that listings are comprehensive and up-to-date. Houston Realtors® Information Service and other regional bodies provide crucial data on market trends and property values. The inventory includes both new constructions and older, established properties, offering a range of choices for potential buyers. IDX listings reveal that West Oak Hill neighborhoods generally feature average home values surpassing $650,000, reflecting the upscale nature of this market.
Community and Lifestyle
The 78733 zip code in Austin, Texas, is known for its affluent neighborhoods, upscale housing, and vibrant community. Residents enjoy a blend of scenic beauty and a high quality of life, with ample educational and recreational facilities available.
Neighborhoods and Living Experience
The 78733 area features a variety of neighborhoods, each offering unique living experiences. Rob Roy, established in the 1980s, boasts large lots and luxurious homes with stunning views of Lake Austin. This neighborhood attracts residents seeking spacious properties and picturesque surroundings.
Population density in this zip code is moderate, with a mix of families, professionals, and retirees. The majority of households are married couples, predominantly white, with a significant portion of the population having a median household income of $102,239. Housing prices are higher than average, with the average home value around $439,800.
Educational and Recreational Facilities
Educational opportunities are abundant in 78733, with access to reputable schools and educational institutions. Families can find various public and private schooling options that cater to academic excellence.
Recreational facilities include several parks, trails, and proximity to Lake Austin, offering numerous outdoor activities. These amenities contribute to a high quality of life, encouraging a healthy and active lifestyle. Residents can enjoy boating, hiking, and picnicking in well-maintained public spaces, enriching their community experience.
Information for Residents and Prospective Buyers
The 78733 ZIP code encompasses a variety of neighborhoods known for their luxurious homes, scenic views, and competitive real estate market. This section will provide details about utilities, support services, and property listings.
Utilities and Support Services
Residents in 78733 have access to essential utilities provided by established companies. Austin Energy supplies electricity, ensuring consistent power distribution. Water and wastewater services are managed by the City of Austin, ensuring clean water and effective waste management.
Regular maintenance and prompt customer service support are hallmarks of the area's utility providers. Internet and cable services are widely available through providers like AT&T and Spectrum, offering high-speed connectivity.
Emergency services, including the Austin-Travis County EMS and fire departments, are located nearby, providing efficient and reliable support. Non-commercial use of the utilities ensures affordability for residential consumers.
Property Listings and Market Information
The real estate market in 78733 is vibrant yet somewhat competitive. Homes here average around 40.5 days on the market and often attract multiple offers. Recent trends show the median sale price at $1.4 million, a considerable increase from previous years.
Properties vary from modern single-family homes to expansive estates. Tools such as Zillow and Realtor.com offer detailed listings and price alerts, making it easier for buyers to navigate the market. Community-focused neighborhoods like Rob Roy overlook Lake Austin, enhancing the area's appeal.
Potential buyers can sign up for email alerts to stay informed about new listings and price changes, ensuring they don't miss out on opportunities in this desirable ZIP code.
