ZIP 78738
Exploring the Best Neighborhoods and Amenities
Located in central Texas, ZIP code 78738 encompasses areas within Austin and Bee Cave. This region, spread over 42.09 square miles, is predominantly characterized by a middle-class socioeconomic status. With a population of around 29,529 people in 10,596 households, the majority of residents identify as White.
ZIP code 78738 offers a slightly lower population density, making it less crowded compared to other regions. This area attracts many individuals in their late 20s to early 40s, reflecting a thriving community of young professionals and growing families.
The real estate market in 78738 boasts 449 homes for sale, providing a wide array of options for potential homeowners. Covering both Travis and Hays Counties, this area provides a diverse range of amenities and local businesses, enhancing its appeal to new residents.
More about ZIP 78738
Demographics of 78738
ZIP code 78738 in Bee Cave, Texas, presents diverse demographic attributes, including its population size, ethnic composition, and household structure. Educational achievements also showcase various levels of attainment.
Population and Density
The population of ZIP code 78738 is 28,613. This area spans 42.1 square miles, resulting in a population density of 679.8 people per square mile. In comparison to other ZIP codes in the United States, this population density is slightly lower than average.
Race and Ethnicity
The majority of residents in 78738 are white. The area exhibits a mix of other ethnicities including Hispanic, Asian, and a small percentage of Black and Native American residents. This racial composition highlights a predominantly white population but with some ethnic diversity contributing to the cultural fabric of the area.
Household Dynamics
78738 hosts a total of 11,128 households. The average household size stands at 2.57 people. Among these, 8,785 are family households, where the family size averages 2.9 people. About 5.50% of these families live below the poverty line, indicating some economic diversity within the population.
Education Levels
Education levels in ZIP code 78738 are relatively high. Many residents hold at least a high school diploma, and a significant portion have obtained professional degrees. This reflects a community with substantial educational attainment, supporting the idea that educational opportunities in and around Bee Cave are accessible and valued.
The demographics painted by these details underscore the unique and varied composition of the 78738 ZIP code area, from its population and density to its ethnic make-up, household structures, and educational achievements.
Economics of 78738
Economically, the 78738 ZIP code displays distinctive features in household income, employment opportunities, and housing market trends, showcasing a prosperous segment within Travis County.
Income Statistics
In 78738, the median household income is notable for being relatively high. Based on recent data, residents enjoy a median household income significantly above the national average. Per capita income in this area also ranks highly within Travis County.
Households in 78738 are marked by a blend of incomes with some variability. This level of income contributes to substantial purchasing power and a robust local economy. The income diversity ensures a stable economic environment.
Employment and Occupations
Employment rates in 78738 are commendable, reflecting a healthy job market. The area supports a variety of occupations. Predominantly, residents find work in sectors like technology, finance, education, and healthcare.
Employment opportunities are diverse, offering high stability. Professional, scientific, and technical services are particularly prominent. The high employment rate is a key economic indicator, suggesting a thriving local economy supported by well-paying jobs and sufficient opportunities for career growth.
Housing Market
The housing market in 78738 is characterized by high median house values. Data indicates a median home value of $460,200, reflecting its attractiveness and desirability. This ZIP code features housing units primarily constructed in the 2000s which are largely owned or mortgaged.
Low vacancy rates in the area signal a steady demand for homes. The local housing market's robust nature is indicative of economic strength. Additionally, the high property values contribute to the economic well-being of the residents.
In summary, the economic landscape of 78738 in Travis County presents a picture of wealth, stable employment, and a strong housing market, making it a notable area within Texas.
Geography and Location
ZIP code 78738 is situated in central Texas, spanning portions of Austin, Bee Cave, and Lakeway. Covering more than 42 square miles, this area offers various landscapes and amenities that appeal to residents and businesses alike.
Local Communities
The 78738 ZIP code includes various thriving communities. Bee Cave is known for its vibrant mix of retail and dining options. Lakeway offers beautiful lakefront properties and parks, providing leisure activities for all ages. Village of the Hills is a gated community, noted for its upscale homes and country club. These communities contribute to the attractiveness and diversity of the area.
Dripping Springs lies nearby and blends suburban comfort with rural charm, adding to the area's desirability. The neighborhoods within 78738 feature a mix of residential, commercial, and recreational spaces, fostering a well-rounded community life.
Real Estate and Development
Real estate in ZIP code 78738 is characterized by rapid development and a mix of housing options. From large acres to smaller lots, new constructions are common, driven by the strong growth rate in the area. Bee Cave and Lakeway have seen substantial residential expansions, with modern housing options catering to various budgets.
The area's appeal has drawn both residential and commercial investments. Developments often emphasize green spaces and convenient access to urban amenities, making 78738 a sought-after location. The region’s flourishing housing market reflects its growing desirability among new residents and businesses.
Civic Information
ZIP code 78738, located in Austin, Texas, primarily falls within Travis County, with a segment extending into Hays County. This area includes prominent communities like Bee Cave, Lakeway, and The Hills.
Households and Families
In ZIP code 78738, the majority of homes are either owned or under mortgage. The median home value is approximately $460,200. This high valuation reflects a demand for housing in the region.
Household compositions often feature families with children, benefiting from local amenities and schools. The American Community Survey provides detailed data on household sizes and family structures, indicating a mix of nuclear families and extended family arrangements.
Data Collection and Surveys
The region's demographic and housing data primarily come from sources like the U.S. Census and the American Community Survey.
These surveys include comprehensive insights into population counts, economic characteristics, and educational levels. For ZIP code 78738, data reveals a population of 29,529 residents living in 10,596 households, spread over 42.09 square miles.
This geographic data aids in urban planning and public service allocation, ensuring community needs are appropriately met.
Business Landscape
The ZIP code 78738 in Bee Cave, TX offers a diverse and thriving business environment. Local businesses significantly contribute to the area's economy, providing various services and products to residents.
Local Businesses and Economy
Bee Cave, TX, in the 78738 ZIP code, houses a variety of local businesses ranging from landscaping companies to retail shops. Notable businesses include Garden Experts, Century Lawn and Landscape, and Blue Agave Landscapes.
These companies specialize in garden and lawn care, ensuring that residential and commercial properties are well-maintained.
Retail and dining options are abundant, with several shopping centers hosting restaurants, boutiques, and service-oriented businesses. The presence of large corporate chains alongside small, family-owned shops creates a balanced economic ecosystem.
Several businesses also offer specialized services, such as David's Lawn Care and Brothers Landscaping and Construction, which cater to specific residential and commercial needs. This business diversity makes 78738 a vibrant area for both entrepreneurs and consumers.
