78704 ZIP Demographics
Understanding Austin's Vibrant Community
Located in the heart of Austin, Texas, ZIP code 78704 captures a vibrant and diverse community. The population density here is notably high, boasting 5,733.4 people per square mile among its 50,250 residents. This density is indicative of the area's growing popularity and dynamic social scene.
The demographic makeup of 78704 is primarily white, with a significant segment consisting of individuals in their late 20s to early 40s. This age group contributes to the energetic and youthful ambiance that defines much of the community’s character. With fewer seniors, the neighborhood leans towards a lively and somewhat transient population.
This ZIP code's unique blend of housing options, from modern apartments to historic houses, reflects its eclectic urban culture. The constant influx of new residents keeps the demographic shifts ongoing, making 78704 a compelling case study in urban development and community trends.
More about ZIP 78704
General Overview
ZIP code 78704 covers a vibrant and densely populated area in Austin, Texas. It is known for its diverse community, unique culture, and notable historical significance.
Location and Geography
78704 is situated in the southern part of Austin, TX, predominantly within Travis County. The centroid of 78704 has a latitude of approximately 30.2459 and a longitude of -97.7723. Covering an area of 8.8 square miles, it has a dense population with 5,733.4 people per square mile. This ZIP code falls within the Central Time Zone (CST) and enjoys a mild climate, typical of central Texas. The urban landscape includes residential neighborhoods, parks, and businesses, providing a dynamic and multifaceted community.
Historical Context
Historically, 78704 has been a vital part of Austin's development. During the mid-20th century, this area saw substantial growth as it transitioned from rural land to a bustling urban space. The neighborhood played a crucial role in Austin's cultural evolution, particularly with the rise of local music and arts scenes. Many of the homes and establishments date back to the early part of the 20th century, blending historic architecture with modern developments. This blend is a testament to the area's adaptability and rich heritage, continuing to attract residents and visitors alike.
Population Dynamics
78704, a vibrant area in Austin, Texas, has experienced notable shifts in its population size and density, accompanied by various growth trends over the years.
Population Size and Density
The 78704 zip code boasts a population of approximately 50,250 people. This area covers around 8.8 square miles, resulting in a population density of about 5,733.4 people per square mile. The region is predominantly white, with a substantial number of individuals in their late 20s to early 40s. The average household size is 1.77 people, and for families, it’s 2.68 people. This demographic setup creates a dynamic and diverse community with a youthful feel.
Growth Rate and Trends
In recent years, 78704 has shown significant growth in its population. From 2010 to 2022, the population increased from 42,117 to an estimated 51,601. This growth reflects the area's attractiveness and continuing development. The total population over the age of 16 is 44,734, indicating a mature workforce presence. While the area is thriving, 7.2% of families live below the poverty line, highlighting economic diversity. This trending growth makes 78704 a noteworthy location for both economic opportunities and residential appeal.
Demographic Composition
The 78704 ZIP code in Austin, Texas, is characterized by a diverse population comprising various races and ages. This area has seen significant changes in its demographic makeup over recent years.
Ethnic and Racial Makeup
The population in 78704 is predominantly White, but it includes significant numbers of Hispanic, Asian, and African American residents. According to recent census data, White individuals represent around 60% of the population.
Hispanic or Latino individuals account for approximately 25%. The Asian community, while smaller, constitutes about 7%. African Americans represent about 4%, and those identifying as Two or More Races make up roughly 3%.
This mix of ethnic backgrounds contributes to the area's rich cultural diversity.
Age Distribution
The age distribution in 78704 is skewed towards younger adults. The median age in this ZIP code is 34 years. A notable proportion of the population is in their late 20s to early 40s, reflecting a vibrant, active community.
Children and teenagers under the age of 18 make up about 20%, while seniors aged 65 and older represent a smaller portion, around 10%. The distribution between males and females is fairly even, with both genders participating actively in the community's social and economic life.
This age composition indicates a dynamic environment with a mix of young professionals, families with children, and a smaller share of older adults.
Socioeconomic Profile
The 78704 zip code area showcases diverse income levels, varying employment opportunities, and a range of educational attainment among its residents, reflecting its dynamic socioeconomic landscape.
Income Statistics
Income levels in 78704 exhibit considerable variation. The median household income is approximately $65,000. A notable segment of households earns more than $100,000 annually, highlighting a significant proportion of high-income families. Nevertheless, about 7.20% of families live below the poverty line. Per capita income is estimated at around $39,000. This blend of high earners and those below the poverty threshold underscores the economic diversity within the zip code.
Employment and Occupations
In 78704, the labor force participation rate is approximately 81.60% for individuals aged 16 and over. The community includes a wide array of professions, with a strong presence in areas such as technology, healthcare, and education. The unemployment rate remains relatively low, reflecting a stable job market. Many residents are employed in professional, scientific, and technical services, showcasing the area’s highly skilled workforce. The employment makeup indicates a vibrant economic environment with diverse occupational opportunities.
Education Levels
Educational attainment in 78704 is relatively high. A significant portion of residents holds a bachelor's degree, and many have obtained graduate or professional degrees. Approximately 45% of the adult population has earned at least a college degree, reflecting a well-educated community. The area also has a substantial number of residents with associate degrees or some college education. This high level of educational achievement supports the thriving professional sectors within the zip code.
Household Characteristics
Households in the 78704 ZIP code region exhibit a mix of ownership and rental statuses and vary in size and type. These details highlight the living arrangements and housing dynamics in this area.
Household Types and Sizes
The 78704 ZIP code comprises a diverse range of household types. Total households amount to approximately 25,000, with a significant proportion being family households. The average household size stands at around 2.0 individuals, reflecting both solo living and small family units.
Family households generally have a slightly higher average size, often around 2.5 members per family, indicating a balanced mix of nuclear families and individuals. It's also worth noting the range of incomes within these households, contributing to the diversity of living conditions and needs.
Housing Ownership and Tenure
In the 78704 area, a majority of the housing units are rented, with renters accounting for a large segment of the population. Homeownership is lower in comparison, but still significant, indicating some stability in the housing market.
Homes in this region were primarily built in the 1970s, suggesting a mature housing stock. The area shows a mix of single-family homes and apartment units, with a trend towards apartment living among renters. This diversity in housing tenure and types reflects the neighborhood's varied demographic and economic profile.
Quality of Life Indicators
The 78704 zip code in Austin, TX offers specific insights into local educational institutions and economic factors, important for understanding the region's overall quality of life.
Educational Institutions
In 78704, public schools and higher education options provide ample opportunities for residents. Austin Independent School District (AISD) serves the area, with notable schools such as Zilker Elementary School and Travis Heights Elementary offering strong academic programs.
Furthermore, the area boasts proximity to reputable higher education institutions like the University of Texas at Austin, which is just a short drive away. This accessibility supports educational growth and learning opportunities.
Private schools and specialized learning centers are also available, catering to various educational needs and preferences. The presence of diverse educational options makes 78704 an attractive spot for families.
Economic Factors
Economic factors in 78704 vary, reflecting the area's diverse population. The median income here is notably higher, influenced by the local job market and a mix of white-collar professions.
A significant portion of the population falls into the $65k+ yearly income bracket. This is underscored by the area's adjusted gross income, reflecting the earning capacity and economic health of the residents.
However, pockets of poverty exist, which contrasts with the higher income brackets. The overall economic landscape is dynamic, with a mix of various income levels contributing to the region's economic profile. This diversity in economic factors is crucial for understanding the financial health and disparities within the community.
Geographical Subdivisions
The 78704 ZIP code in Austin, TX, is divided into several distinct neighborhoods that contribute to its diverse character. Each area has unique features and demographics, contributing to the overall framework and planning of the region.
Neighborhoods and Planning Areas
Travis Heights
Travis Heights is one of the historic neighborhoods in 78704. Known for its eclectic mix of vintage homes and modern renovations, it boasts tree-lined streets and proximity to downtown Austin. The area is popular among professionals and artists, contributing to its vibrant community culture.
Barton Hills
Barton Hills offers residents access to Barton Creek Greenbelt, a significant natural feature providing outdoor recreation. The neighborhood's school system and well-maintained parks make it a desirable area for families.
Dawson
Dawson, located near South Congress Avenue, is characterized by a mix of residential types and a diverse community. Small businesses thrive here, adding to its neighborhood charm and providing various local amenities.
Galindo
Galindo features a combination of older homes and new developments. This neighborhood is evolving quickly and offers a suburban feel while being close to the city's core. It's an area noted for its rising property values.
Zilker
Zilker is adjacent to the famous Zilker Park, making it a hotspot for recreational activities. Residents enjoy easy access to festivals and events hosted in the park, contributing to the neighborhood's social and entertaining atmosphere.
Planning and Development
The planning areas focus on managing growth while preserving the unique community characteristics of 78704. Efficient use of land and resources is critical, given the area's high population density and ongoing development initiatives. Local authorities frequently update zoning laws to address these needs and support sustainable urban growth.
Cultural and Social Fabric
The 78704 ZIP code in Austin, Texas, is known for its vibrant cultural and social scene, driven by a diverse population and numerous community events.
Community Events and References
The cultural richness of 78704 is showcased through various community events held throughout the year. Events such as the popular South Congress Food Truck Fest and the Blues on the Green concert series draw residents and visitors alike. These gatherings provide opportunities for people to experience local music, food, and art, reflecting the diverse cultural background of the neighborhood.
Local references such as the South Congress Avenue, often dubbed "SoCo," serve as cultural hubs. This area is lined with boutiques, cafes, and music venues, making it a central part of daily life for many residents. It’s a common spot for both casual hangouts and organized cultural activities, contributing to the neighborhood’s unique character.
Data Sources and Accuracy
The demographics of ZIP code 78704 are derived from reliable data sources, ensuring a precise and comprehensive profile. Primary sources include official surveys and records.
Official Records and Surveys
The American Community Survey (ACS) provides detailed population statistics. This survey, conducted by the U.S. Census Bureau, includes data from 5-year estimates. The ACS offers insights into household income, employment, and more for ZIP code 78704.
The U.S. Census Bureau's decennial census also contributes valuable data, collected every ten years. These records help provide updates on population changes, household compositions, and demographic shifts within 78704.
Other sources such as the United States Postal Service and the Internal Revenue Service supplement this data, ensuring its accuracy and reliability. Official records from these agencies help verify and cross-check information, reducing discrepancies.
