78724 ZIP Code Location
Essential Information and Highlights
Austin, TX, is known for its vibrant culture, eclectic music scene, and tech innovation, but it's also home to the diverse and dynamic ZIP Code 78724. Located in Travis County, 78724 covers a significant portion of East Austin, an area that has seen considerable growth and development in recent years. This ZIP code encompasses a variety of neighborhoods, each offering its own unique charm and amenities.
78724 spans approximately 24.941 square miles and includes key locations and local businesses that cater to a rapidly growing population. According to the 2020 U.S. Census, 78724 is home to nearly 30,000 residents living in over 8,000 households. This demographic expansion reflects Austin's broader appeal as a hub for professionals, families, and students alike.
One of the appealing aspects of ZIP Code 78724 is its convenient location within the city of Austin. Residents enjoy easy access to landmarks, parks, and major highways, making it an ideal place for both work and leisure. Whether you're exploring the local dining scene or commuting to downtown Austin, 78724 offers a balance of suburban comfort and urban convenience.
More about ZIP 78724
Geographical Overview
Austin's 78724 ZIP code encompasses notable natural and infrastructural features. It spans diverse terrain within specific boundaries and offers numerous transportation options.
Boundaries
The 78724 ZIP code is situated in Austin, Texas, within Travis County.
Approximately 24.941 square miles in area, it lies between the coordinates 30.29° N latitude and 97.61° W longitude. This zone stretches across various neighborhoods and includes landmarks such as Decker Creek Power Plant and specific churches. Geographic boundaries are marked by Interstate 35 to the west and the Colorado River to the east. The northern boundary intersects with parts of State Highway 130, providing a defined area for this ZIP code.
Climate and Terrain
The climate in 78724 is typical of central Texas, featuring hot summers and mild winters.
Temperatures often peak above 90°F (32°C) in summer but drop to around 40°F (4°C) during winter. Terrain here includes flatlands and gentle hills. The soil composition primarily supports agriculture and residential landscaping. Proximity to the Colorado River and Decker Lake introduces various riparian habitats and recreational spaces, adding to the diversity of the ecosystem. This combination of climate and terrain influences vegetation types and local wildlife.
Access and Transportation
The 78724 area has multiple transportation routes that facilitate commuting and travel.
Interstate 35, State Highway 130, and US Route 183 serve as major arteries connecting this ZIP code to surrounding regions and Austin's metro area. Public transportation includes bus routes operated by CapMetro, which link residents to key points within Austin. Decker Lane and FM 973 are significant local roads enhancing intra-area travel. Access to Austin-Bergstrom International Airport is also convenient, making air travel accessible. These transport options collectively support both residential and commercial activities within the area.
Demographics
The 78724 ZIP code area in Austin, Texas, has a unique demographic profile, covering various aspects such as population density, household dynamics, and ethnic composition. Understanding these factors provides a deeper insight into the community's characteristics.
Population and Density
As of the latest estimates, 78724 has a population of around 41,525 residents. The area spans 24.941 square miles, resulting in a population density of approximately 1,666 people per square mile.
This density is relatively moderate compared to urban centers but higher than rural areas. The population over the age of 16 is 18,348, with a labor force participation rate of 69.50%, indicating a fairly engaged workforce.
Household Dynamics
There are about 8,338 households within ZIP code 78724. The average household size typically consists of approximately 3.5 members, reflecting both family households and non-family households.
Families constitute a significant portion of these households, indicating a community with many family units. Housing in this area is often sought after for its affordability compared to surrounding neighborhoods. The median home value stands at around $102,000.
Ethnic Composition
The ethnic composition of 78724 is diverse, with a variety of races and ethnicities represented. A notable 15.4% of the population is foreign-born. The primary racial groups include White, Black or African American, Asian, Hispanic, and other races.
Hispanics form a significant part of the community, contributing to the area's rich cultural diversity. Other notable groups include African Americans and Asians, each adding to the multicultural fabric of the ZIP code. Ethnic diversity plays a crucial role in shaping the community's social dynamics and cultural identity.
Economic Landscape
The economic landscape of the 78724 ZIP code in Austin, Texas, reveals a diverse array of income levels, employment opportunities, and business environments. The area's metrics provide insights into its economic attributes, highlighting significant aspects relevant to residents and potential investors alike.
Income Metrics
Residents of the 78724 ZIP code experience varied income levels. The median household income is a vital metric, reflecting the distribution of earnings across the population. Average adjusted gross income (AGI) is another crucial figure used to assess the financial health of households in this area.
Household assets also vary, impacting the overall economic stability. Families in this ZIP code tend to have different levels of savings and investment portfolios. The area's economic profile is shaped by these income metrics, offering a comprehensive view of its financial landscape.
Employment and Industries
Employment opportunities in the 78724 ZIP code span various industries. Significant sectors include technology, healthcare, and education, which provide numerous jobs for the local population. The technology sector is particularly crucial due to its high demand for skilled labor and the presence of tech companies in the Austin area.
Healthcare remains a stable source of employment, with numerous hospitals and clinics offering positions ranging from administrative roles to medical professionals. Education jobs are also prevalent, with schools and educational institutions contributing to employment figures. These industries collectively contribute to the ZIP code's vibrant job market and economic sustenance.
Business Environment
The 78724 ZIP code hosts a dynamic business environment. There are numerous small businesses and entrepreneurial ventures catering to the local community's needs. These businesses range from retail stores to food services, boosting local employment and economic activity.
Larger corporations and established businesses also have a presence here. The blend of startups and multinational companies makes the business environment diverse and resilient. Real estate and construction are other key components, driven by ongoing development projects and housing demands. This mixture of business activities provides a robust framework for economic growth in the 78724 area.
Housing Market
The 78724 zip code in Austin, TX, has a dynamic housing market with a variety of housing units and fluctuating home values. This area is noted for its competitive real estate environment and diverse property options.
Housing Statistics
The housing market in 78724 features a diverse range of properties. Redfin data indicates an average house price of approximately $353,000, marking a decline of 11.2% from the previous year. Zillow's metrics reveal that the median ZHVI (Zillow Home Value Index) for the area stands at $364,544, reflecting a year-over-year growth of 5%.
The market encompasses 75 homes currently listed for sale, with prices ranging from $91,000 to $7.8 million. This wide range highlights the diverse options available to buyers, from starter homes to more luxurious properties.
Real Estate Trends
In terms of real estate trends, the 78724 area remains somewhat competitive with a score of 55 out of 100, according to Redfin. This indicates moderate competition among buyers. The decline in average home prices may suggest a cooling period, possibly offering favorable conditions for buyers looking to enter the market.
Data shows surrounding zip codes, such as 78723 and 78725, with median home values of $538,566 and $321,240 respectively, which may influence market dynamics in 78724. Lower property taxes, as noted in certain listings, can also be a significant attractor for prospective homeowners in this region.
In summary, 78724's housing market presents a unique blend of decreasing home prices, competitive buying conditions, and a variety of property options, making it a noteworthy area for potential buyers and investors alike.
Education and Resources
The 78724 ZIP code area offers several educational institutions and community resources, including public libraries and parks, that support residents' educational and recreational needs.
Educational Institutions
The educational landscape in the 78724 ZIP code is supported by Austin Independent School District (AISD). Notable schools include Lyndon Baines Johnson High School (LBJ High School), known for its academic and extracurricular programs.
Statistics indicate significant educational attainment levels among residents. Approximately 36.74% hold a high school diploma, while 11.53% possess a bachelor’s degree. Various other educational pathways, such as certifications and vocational training, are also accessible to enhance professional skills.
Additionally, nearby higher education institutions, such as the University of Texas at Austin, offer further opportunities for residents seeking advanced degrees or professional certification programs.
Public Libraries and Parks
Public libraries serve as vital community hubs in 78724. The Austin Public Library system operates several branches nearby, providing access to books, digital resources, and educational programs for all ages.
Decker Creek Power Plant may not be a traditional park, but it is a notable location in the area. Parks like Walter E. Long Metropolitan Park offer an array of outdoor activities, including hiking, fishing, and picnicking. These green spaces contribute to the community's overall well-being by promoting physical activity and offering places for relaxation.
Local parks also host seasonal events and recreational programs, fostering community engagement and providing diverse opportunities for residents.
Cultural and Social Scene
The 78724 ZIP code in Austin is a vibrant area with a variety of recreational activities and community events that engage residents and visitors alike. Whether seeking outdoor adventures or local festivities, there is always something happening to suit different interests and ages.
Recreation and Entertainment
Residents of 78724 have access to numerous recreational facilities and activities. Outdoor enthusiasts can enjoy the Walnut Creek Greenbelt, which offers trails for hiking and biking, along with picnic areas perfect for gatherings with friends.
For those interested in the arts, the Carver Museum offers exhibits and programs highlighting African American culture and history.
Local parks, such as Gustavo "Gus" L. Garcia District Park, provide sports fields, playgrounds, and swimming pools for family-friendly recreation.
Community Events
Several community events bring people together throughout the year. The East Austin Studio Tour showcases local artists and their work, fostering a sense of creativity and community. This event draws visitors from all over the city and beyond.
The Austin Urban Music Festival is another exciting event, celebrating music genres such as hip-hop and R&B, and attracting large crowds.
Additionally, neighborhood associations often organize block parties, farmers’ markets, and seasonal celebrations, enhancing the community spirit within 78724. These events are pivotal in creating a connected and engaged populace.
Postal Services
The 78724 ZIP Code area in Austin, TX, is well-served by postal services, ensuring efficient mail delivery, accurate address handling, and convenient postal solutions for residents and businesses.
USPS and Mail Delivery
The United States Postal Service (USPS) plays a pivotal role in this area by providing comprehensive mail delivery services. Residents can rely on regular, timely delivery of letters, packages, and other mail items.
The USPS offers several convenient services, such as Click-N-Ship® for online postage buying, mail tracking, and scheduling pickups. The USPS Mobile app also makes it easier to find local post offices and look up ZIP Codes.
ZIP Code 78724 is served by a local post office, which not only handles mail distribution but also offers other services like PO Boxes and passport applications. This ensures that all postal needs are met locally without the need for residents to travel far.
For businesses and individuals, accurate address handling through the Zone Improvement Plan (ZIP) ensures that mail and packages are correctly routed, minimizing delays and errors in delivery.
Online Presence and Resources
For residents and visitors of the 78724 ZIP code area in Austin, there are many online tools and platforms to explore its characteristics and stay connected.
Digital Maps and Directories
Access to digital maps and directories is crucial for understanding the layout and amenities of the 78724 area. Websites such as Zipdatamaps and City-Data provide detailed maps highlighting notable locations like the Decker Creek Power Plant and local churches.
Interactive features, including borders and points of interest, help users navigate the region. Many platforms offer free map links that can be embedded or printed for easy reference, providing vital information on demographics and local services.
Social Media and Sharing
Social media platforms like Facebook and Twitter offer ways to connect with the community within the 78724 ZIP code. These networks facilitate sharing local news, events, and updates, creating a sense of community.
Residents and local businesses often use these platforms to share images, announcements, and other content that fosters communication. Additionally, Google+ integration with map services allows for easy sharing of location-specific information.
Local Accommodations
Travelers to the 78724 zip code area in Austin, TX, have a variety of accommodation options. From budget-friendly motels to upscale hotels, guests can choose the lodging that best suits their needs.
Hotels and Lodging
There are several notable hotels and motels near the 78724 area. The Super 8 Hotel Airport North Austin is a popular budget choice located at 5606 East 51st Street, approximately 2.2 miles from the center of the 78724 zip code.
For those seeking more upscale accommodations, the Origin Austin, a Wyndham Hotel is highly recommended. This hotel is situated at 1825 McBee Street, around 5.4 miles from the 78724 area. The Origin receives positive reviews for its amenities and service, making it a strong option for visitors.
In addition, online platforms such as Tripadvisor and HotelPlanner list a variety of other lodging options, ranging from mid-tier to luxury hotels. This ensures that every traveler can find suitable accommodations that meet their preferences and budget.
