78723 ZIP County
Community Highlights and Key Statistics
The 78723 zip code, nestled in the vibrant city of Austin, Texas, offers a dynamic blend of residential, commercial, and recreational areas. Encompassing part of Travis County, this area spans over 7.059 square miles, catering to a diverse population currently estimated at 38,326. One of the key highlights is the affordability of rental properties, with 2-bedroom units typically ranging between $750 and $999 per month, making it an attractive option for residents.
Residents of 78723 enjoy a host of amenities, including local businesses, parks, and excellent traffic conditions thanks to its well-connected road network. The neighborhood's strong community spirit is reflected in the 94% of residents who both live and work within Travis County. This sense of locality adds to the area's charm and convenience.
Demographically, 78723 is home to 14,337 households, each contributing to the area’s rich tapestry of cultural and social life. This diverse population benefits from various educational facilities, reinforcing 78723's reputation as a family-friendly area within Austin. Overall, this zip code represents a microcosm of what makes Austin a desirable place to live.
More about ZIP 78723
Geographic Overview of 78723
Located in Austin, TX, ZIP code 78723 covers a diverse and well-populated area. It is situated within Travis County and is known for its residential neighborhoods and community amenities.
Location and Boundaries
ZIP code 78723 is in the northeastern part of Austin, Texas. It spans approximately 7.059 square miles and lies within Travis County.
The area is bordered by US Route 290 to the north and Interstate 35 to the west, providing easy access to downtown Austin.
Neighborhoods within this ZIP code include Windsor Park, University Hills, and Pecan Springs-Springdale. These areas offer a mix of housing options, from single-family homes to apartments, reflecting the community's residential nature.
Time Zone and Area Codes
78723 is in the Central Time Zone (CST), adhering to standard time protocols in Texas.
Residents and businesses in the area primarily use two area codes: 512 and 737.
These area codes are shared with other parts of Austin and central Texas, ensuring connectivity and communication across the region. The dual codes are necessary due to the growing population and increased demand for phone numbers.
Demographic Profile
The 78723 ZIP code, located in Austin, TX, encompasses a diverse and densely populated area. This section provides detailed statistics on the population, racial and ethnic composition, and household makeup of the region.
Population and Density
The 78723 ZIP code has a total population of approximately 37,000 people. The area spans 7.1 square miles, resulting in a population density of about 5,241.8 people per square mile. This high density reflects the urban character of the area.
A comparison of past census data shows significant population growth, from 28,330 residents in 2010 to the current estimate. Such growth indicates a thriving community that continues to attract new residents.
Race and Ethnicity
The 78723 ZIP code is marked by racial and ethnic diversity. The racial breakdown includes a mix of White, Hispanic, Black, and Asian populations. Detailed estimates indicate that Hispanics form a notable portion of the population.
Race/Ethnicity Composition:
**White: ** A considerable part of the population.
**Hispanic: ** Substantial representation.
**Black: ** Significant community presence.
**Asian: ** Smaller but visible demographic.
This variety enriches the community and fosters a multicultural environment.
Household Composition
The total number of households in the 78723 ZIP code is substantial, reflecting the area's high population density. Households vary in size, with an average household size of approximately 3.1 persons. Families with children constitute a significant portion of the households.
Most residents live and work within Travis County, suggesting a stable community with strong local ties. This high percentage of residents remaining within the county for employment underscores a localized, tight-knit community dynamic.
Household composition and size are crucial in understanding the living arrangements and social structure of the area.
Economic Indicators
Economic indicators for the 78723 ZIP code provide insightful data on income levels, employment rates, and housing market dynamics specific to Austin, Texas.
Income Statistics
The median household income in the 78723 area reflects significant economic diversity. Available data indicates a broad range of income levels, with households showcasing varied financial stability. In addition to median income, other relevant figures such as average net worth and material possession values are important to understanding economic health. Income data contributes to assessing the local wealth index, which compares the area’s affluence relative to national standards.
Employment and Unemployment
Employment statistics for 78723 demonstrate key trends about job availability and the workforce's stability. The employment rate provides a measure of job market vitality, while the unemployment rate offers insights into economic challenges faced by residents. The balance between employment and unemployment rates signifies economic health and influences community dynamics. Variations in these rates reflect broader economic trends affecting the region.
Housing Market
The housing market in 78723 shows a diverse range of property values and rental prices. The median house value can significantly impact local economic conditions. Rentals in the area typically vary, with common prices for two-bedroom units ranging between $750-$999 per month, and one-bedroom units generally costing $500-$749 per month. These figures provide a snapshot of the housing accessibility and affordability in the 78723 ZIP code.
Educational Infrastructure
This area boasts a variety of educational facilities, including public and private schools, higher education institutions, and libraries that cater to the diverse needs of the population.
Public and Private Schools
ZIP Code 78723 is served by several public and private schools that provide K-12 education. Munday Elementary School and Blanton Elementary School are notable public schools. They are known for their dedicated staff and comprehensive curricula.
For private education, Bertha Sadler Means Young Women's Leadership Academy offers specialized programs aimed at empowering young women. The availability of both public and private schools ensures that families have choices to meet their educational preferences and needs.
Higher Education Institutions
The 78723 area is home to multiple higher education institutions. Austin Community College-Highland Campus is a prominent institution that provides a variety of associate degree programs and vocational training.
Additionally, the University of Texas at Austin is situated nearby, offering undergraduate, graduate, and professional degree programs. These institutions help in elevating the education level of the community and provide ample opportunities for professional growth.
Libraries
Libraries play a crucial role in supporting the educational infrastructure in this region. The Carver Branch Library is an essential resource, providing access to a vast collection of books, digital media, and educational programs.
The Willie Mae Kirk Branch Library also serves the community, focusing on educational support through various reading programs and resources for all ages. These libraries cater to the needs of students, educators, and residents, fostering lifelong learning and education.
Public Services and Amenities
Residents of the 78723 ZIP code benefit from a variety of public services and amenities, including access to healthcare, public safety measures, and attention to environmental quality. These elements significantly contribute to the quality of life in this area.
Healthcare Access
The 78723 ZIP code in Austin, Texas, offers ample healthcare services. There are numerous medical specialists, including 111 pediatricians and 237 other medical professionals. Local facilities, such as the Austin Army Aviation Support Facility, enhance access to medical care.
Health insurance coverage is generally adequate, and the area hosts several clinics and hospitals, ensuring reliable healthcare access. This community's services are designed to meet the diverse needs of its residents efficiently.
Public Safety
Public safety in 78723 is managed by various local law enforcement agencies. This includes community policing and specialized units focusing on specific crimes. The presence of registered sex offenders is monitored, and information is accessible to residents.
Emergency services, including fire and medical response, are promptly available, ensuring the safety and well-being of the community. Coordination between agencies enhances the overall effectiveness of public safety measures in this area.
Environmental Quality
The environmental quality in 78723 is supported by diligent local and federal measures. Facilities like the Austin Army Aviation Support Facility are under federal compliance oversight, ensuring minimal environmental impact.
Air quality is generally good, with initiatives in place to maintain and improve it further. Federal Facility data shows efforts toward reducing pollution and safeguarding natural resources, reflecting a commitment to environmental health.
Local Economy and Businesses
The 78723 ZIP code area in Austin, TX boasts a vibrant local economy with a diverse range of businesses. Economic indicators in this region suggest steady growth and stability.
Small Businesses and Enterprises
In the 78723 area, small businesses play a significant role. Notable establishments include Whole Foods Market, Central Market, Royal Blue Grocery, and Sprouts Farmers Market.
These businesses provide essential services and contribute to the community's daily needs. Small enterprises like OfficeMax and Advance Auto Parts also support the local economy, creating jobs and encouraging local spending.
Real estate agencies and tech startups add to the business diversity, reflecting the area's adaptability and innovation.
Economic Growth Indicators
The 78723 ZIP code has shown promising economic growth. The adjusted gross income in this area reflects an upward trend, indicating financial health among residents.
Austin's job market in this ZIP code has seen an increase of 3%, underscoring a robust employment landscape. The per capita income also underscores financial well-being, aligning with the area's economic dynamism.
Businesses flourish here due in part to the economic environment, which fosters growth and prosperity. The unemployment rate of 5.1% is lower than the national average, showing a stable job market.
With approximately 38,326 residents, the region thrives on its balanced mix of industries contributing to sustained economic progress.
Civic Administration
In ZIP Code 78723, residents and businesses function within the framework provided by Travis County, ensuring a structured, efficient system for all civic needs. Postal services are efficiently managed, ensuring reliable mail delivery and addressing services.
County Information
ZIP Code 78723 falls within Travis County. This area comprises 7.059 square miles and is home to approximately 38,326 people based on recent estimates. Travis County is responsible for administrative tasks, including public records, property assessments, and local governance. Residents benefit from well-maintained public services, including police, fire departments, and emergency services that ensure safety.
Numerous public facilities, such as community centers and libraries, are also managed by the county. These services ensure that both residents and businesses operate smoothly within the framework provided by Travis County.
Postal Services
Postal services in ZIP Code 78723 are managed with precision to ensure timely and accurate delivery. The U.S. Postal Service oversees routine mail and package deliveries. Residents typically receive mail directly to their homes, while businesses often have specific addresses for streamlined operations.
Proper stamping and adherence to postal guidelines are crucial for efficient mail processing. Additionally, the area offers several post office locations and drop-off points, making it convenient for residents to access postal services. This comprehensive postal infrastructure ensures that the community stays connected through reliable mail and package delivery services.
Population Projections
The 78723 ZIP code in Austin, Texas, has seen notable growth in recent years. As of the 2020 U.S. Census, the population was 34,522, spread across 14,337 households.
Current estimates place the population at approximately 38,326. This increase suggests sustained residential development and migration to the area.
A significant marker for future projections involves per capita income, which stands at $46,139. This economic indicator can attract more residents, indicating continued population growth.
The geographic area covers 7.059 square miles in Travis County, maintaining a diverse and vibrant community.
Past and Current Population Data:
Year Population 2020 34,522 2024 38,326
Looking ahead, urban development and employment opportunities will likely influence population trends in 78723. The current trajectory indicates continued growth fueled by economic and social factors.
