78731 ZIP Demographics
A Comprehensive Overview
Nestled in the heart of Austin, Texas, the 78731 ZIP code offers a unique glimpse into the demographics of this vibrant city. Travis County, where this ZIP code is located, showcases a diverse and steadily growing community. With a population density that is slightly higher than the national average, 78731 provides a bustling yet comfortable environment for its residents.
The area covers a moderately expansive land area with a mix of housing options, including single-family homes, condos, and a substantial number of renter-occupied apartments, accounting for about 45% of the housing distribution. The population is primarily white, contributing to the community's distinct cultural composition. The steady population growth from 2010 to 2020 signifies an appealing locale for both new residents and long-term homeowners.
Economic facets such as income levels and employment rates further define the character of 78731. Bringing together a well-rounded blend of demographics, 78731 highlights the diverse and dynamic essence of Austin, making it an attractive choice for a wide range of individuals and families.
More about ZIP 78731
Demographic Overview
The 78731 ZIP code in Austin, TX, presents a diverse array of demographic attributes. Key areas of interest include the total population and density, detailed age distributions, and ethnic and racial compositions.
Total Population and Density
As of recent estimates, the 78731 ZIP code has a population of approximately 27,021 residents. This is an increase from 24,614 in 2010. The population density is relatively high, reflecting the urban nature of this area.
This region primarily consists of residential neighborhoods, with a mix of single-family homes, townhouses, and apartment complexes. Travis County continuously monitors these statistics to ensure that infrastructure and community services meet the needs of the growing population.
Age Distribution
The median age in the 78731 ZIP code is indicative of a balanced population with diverse age groups. The largest age demographic falls between 35-44 years.
Key Age Groups:
Under 18: Approximately 20%
18-34: Nearly 25%
35-44: About 15%
45-64: Roughly 25%
65 and older: Close to 15%
This distribution highlights a community that includes young families, working professionals, and a significant number of older adults.
Ethnic and Racial Composition
The ethnic and racial composition of 78731 is varied, with a majority of residents identifying as White.
Ethnicity Breakdown:
White: Nearly 70%
Hispanic or Latino: Around 20%
Asian: Close to 5%
African American: Approximately 3%
Other Races (including American Indian, Alaska Native, Pacific Islander, and Two or More Races): Remainder
This diversity fosters a culturally rich environment, contributing to the vibrancy of the Austin community within this ZIP code.
Household and Income
Residents in the 78731 ZIP code area experience varied household types and income distributions, each contributing to the distinct demographic profile of the region.
Household Types
78731 is home to a mix of family and nonfamily households. Total households number approximately 11,000, with an average household size of about 2.3 individuals.
Family households make up around 60% of all households. Many of these families are traditional nuclear families, but there are also notable numbers of single parent families.
Nonfamily households include single occupants and roommates, constituting about 40% of households. The average family size tends to be slightly larger, at around 3 individuals.
Income Distribution
Income levels in 78731 reveal a range of earnings. The median household income is approximately $98,555, higher than both the national and metro area averages.
The mean household income is also substantial, highlighting several high-income earners within the area. For those seeking specifics, the per capita income aligns closely with the general affluence of the region.
High income households are prevalent, with many earning well above the median. Conversely, there is a smaller subset of lower-income households, contributing to a diverse economic landscape within the ZIP code.
Educational Attainment
The 78731 ZIP code in Austin, Texas, showcases a diverse range of educational achievements among its residents. This diversity is seen through the variety of completed education levels, from high school diplomas to advanced professional degrees.
Education Levels in Population
Less than High School Diploma: A small segment of the population, approximately 2%, has not completed high school. This represents about 295 individuals.
High School Graduate: Around 19% of the residents, or roughly 3,570 individuals, have earned a high school diploma as their highest level of education.
Associate's Degree: Nearly 688 people, equating to about 2% of the population, have an associate's degree.
Bachelor's Degree: Bachelor’s degrees are held by a notable portion of the population, with 39.28%, or around 6,952 residents, achieving this level of education.
Professional Degrees: Detailed statistics on professional degrees or advanced education levels weren't highlighted, but given the sizable number of residents with bachelor's and other degrees, it's reasonable to infer a presence of advanced degree holders in the area.
Schools and educational institutions in 78731 potentially play a significant role in these statistics, providing access to higher education and professional development opportunities.
Housing and Real Estate
The 78731 ZIP code in Austin, TX features a diverse housing market. Key metrics such as housing occupancy, tenure, and property values provide critical insights for residents and potential homeowners.
Housing Occupancy and Tenure
Housing units in the 78731 ZIP code include both owner-occupied and renter-occupied properties. There are 12,984 housing units in total, providing a substantial number of homes to accommodate the local population.
A mix of housing occupancy exists with both single-family homes and apartment units. Owners tend to stay in their homes longer, creating a stable community environment. Renters contribute to the area's dynamic by bringing in a variety of backgrounds and experiences.
Median gross rent in this ZIP code enhances affordability for those preferring not to purchase homes.
Property Values and Costs
Property values in 78731 have shown significant appreciation. The median home value stands at $442,300, reflecting the area's desirability.
Homes typically sell within 60 days, indicating a somewhat competitive market. The typical property tax for homes without a mortgage is around $10,700 annually, equating to about 1.3% of the property value.
The median sale price for houses has risen to $1,000,000, illustrating a 7.5% increase over the past year. Median sale price per square foot is $402, which has slightly decreased by 3.7%, providing nuanced insights into property investment within this ZIP code.
Economic Characteristics
The 78731 ZIP code in Austin, TX, offers a detailed snapshot of the area's economic attributes, including employment and income statistics. This section explores the significant aspects of employment, occupations, and various income sources within the community.
Employment and Occupations
In the 78731 ZIP code, the labor force participation rate is notably high, with 82.7% of individuals aged 25 to 64 engaged in the workforce. The predominant occupations revolve around professional, scientific, and technical services. The high number of employment opportunities in these fields underscores the area's economic vitality.
Residents also find significant employment in educational services, healthcare, and social assistance. These sectors provide stability and growth potential for those working within them. Additionally, the area benefits from a diverse range of job opportunities that cater to various skill levels and professional backgrounds.
Income Sources and Economic Data
Household income in the 78731 ZIP code showcases a broad spectrum, emphasizing economic diversity. The median household income stands at a substantial figure, reflecting the area's overall affluence. Many households report an income surpassing the national average, indicating strong economic health.
Income Distribution:
Less than $10,000: 734 households
$10,000 to $14,999: 413 households
Residents rely on multiple income sources, with a significant percentage drawing income from employment, investments, and social security benefits. This mix of income sources contributes to the region's robust economic profile, ensuring financial stability for a large portion of its population. Such diversity in income streams highlights the economic resilience of the 78731 ZIP code.
Social and Living Conditions
The 78731 zip code of Austin, TX presents a diverse range of social and living conditions. The area is home to various household compositions and offers residents a strong sense of community and quality of life.
Household Composition
Households in the 78731 area display varied compositions. Married-couple families form a significant portion, contributing to a stable and family-oriented environment. A noticeable fraction of households is headed by female householders with no husband present, indicating a degree of single-parent families.
Male householders also contribute to the demographic, though to a lesser extent. The presence of group quarters, such as communal living spaces and military housing at Camp Mabry, adds to the diversity of household structures. The balance between family-oriented households and individual living situations creates a unique community dynamic.
Community and Life
Community life in the 78731 zip code is characterized by active engagement and a supportive environment. Proximity to Camp Mabry influences social interactions, fostering a sense of solidarity among residents, including military and civilian populations.
The area hosts numerous social events and community activities, enhancing the quality of life. Available amenities, like parks and recreational facilities, cater to families and individuals alike, promoting physical activity and social interactions.
Residents enjoy a healthy balance between urban conveniences and residential tranquility, making the area desirable for various citizen demographics.
These aspects, combined with a well-maintained infrastructure, ensure a high standard of living for all demographics within the 78731 zip code.
Geographical Features
The 78731 ZIP code area offers unique geographical attributes, including its precise location within Austin, TX, and the time zone in which it falls. These characteristics play a significant role in the daily lives of its residents.
Location and Coordinates
The 78731 ZIP code is situated within Austin, TX, part of Travis County. This area lies in the central part of Austin, making it a vital region for both residential and commercial activities. The latitude and longitude coordinates for the centroid of the 78731 ZIP code are approximately 30.3434° N and 97.7667° W.
One can easily navigate to various cities and landmarks in the surrounding regions from this centrally located ZIP code. Its physical layout includes a mix of residential homes, apartments, and some commercial properties. Though not primarily known for RV or van living, the area does accommodate various lifestyle preferences through its well-designed infrastructure.
Time Zone and Area
The entire 78731 ZIP code is within the Central Time Zone (CT). This time zone is UTC -6 hours during Standard Time and UTC -5 hours when Daylight Saving Time is in effect. The observance of Daylight Saving enhances the lifestyle flexibility for residents, aligning their schedules more closely with daylight hours.
The area covered by the 78731 ZIP code spans various neighborhoods, all contributing to the dynamic nature of this segment of Austin, TX. Whether one is considering the impacts of time zone differences for business or leisure, maintaining awareness of these geographical features ensures a smoother experience for residents and visitors alike.
