78751 ZIP Neighborhood
Discover Austin's Hidden Gem
The 78751 ZIP code covers a vibrant area in Austin, Texas, renowned for its unique blend of historic charm and modern amenities. Located in Travis County, this neighborhood includes Hyde Park, known for tree-lined streets and quaint bungalows. Its central location offers easy access to public transportation, making commuting convenient for residents.
Home prices in the 78751 ZIP code reflect its desirability, with median house prices significantly higher than the national average at $552,808. This area attracts families and professionals alike, with a variety of housing options ranging from vintage homes to contemporary apartments. The mix of affordable and upscale homes provides diverse living choices, catering to different financial needs.
Education and lifestyle amenities make 78751 an appealing option for families. The ZIP code boasts some of the best public schools in Texas, contributing to its reputation as family-friendly. Besides, the presence of parks, local eateries, and community events fosters a strong sense of community and engagement.
More about ZIP 78751
Overview of 78751
The 78751 ZIP code in Austin, Texas is known for its unique blend of historical charm and modern amenities. It encompasses several neighborhoods and offers diverse living options for its residents.
Location and Boundaries
78751 is situated in the Central Time Zone and belongs to Travis County. The coordinates are approximately 30.31 latitude and -97.72 longitude. Neighborhoods within this zip code include Hyde Park, Hancock, North Loop, and Triangle State.
Central Austin houses this bustling ZIP code, making it a convenient location for easy access to both downtown and other key areas in Austin. The area is bordered by several major roads, including Airport Boulevard, Red River Street, and North Loop Boulevard, which facilitate quick commutes.
Historical Context
The area has a rich history dating back to the late 19th and early 20th centuries, particularly within the Hyde Park neighborhood. Originally developed as Austin's first suburban neighborhood, Hyde Park features historic homes and tree-lined streets.
Several of the neighborhoods within 78751 carry historical significance and have retained their vintage architecture. This combination of historic value and modern convenience makes 78751 a vibrant, sought-after area in Austin. The neighborhood's background contributes significantly to its current charming and eclectic atmosphere.
Demographics
The 78751 ZIP code area in Austin offers insights into a vibrant and diverse community. Key demographic aspects include population density, age distribution, and ethnic composition.
Population and Density
The 78751 ZIP code, located in Austin, Texas, is home to approximately 14,385 residents as of the last census. This area encompasses several neighborhoods including Hyde Park and North Loop.
The density in 78751 is relatively high due to its urban characteristics. Most residents live in apartment complexes or smaller homes, contributing to a bustling community.
The population's makeup is youthful and dynamic, ideal for individuals seeking an active and engaging environment.
Age Distribution
Residents in the 78751 ZIP code tend to be younger. The median age in the area is lower compared to national averages.
The community attracts many students and young professionals, influenced by the nearby University of Texas at Austin. Children and elderly populations are smaller in number, reflecting a primarily youthful demographic.
This age composition highlights the area’s appeal to those starting their careers or continuing their education.
Ethnic and Racial Composition
The ethnic and racial composition of 78751 is diverse. A significant portion of the population identifies as White, contributing to the area's cultural characteristics.
There are also notable communities of Hispanic, Black, and Asian residents. This diversity fosters a multicultural environment, with various cultural and social activities.
Such demographic mix enhances the area's rich cultural fabric, making it an inclusive and vibrant place to live.
Housing and Real Estate
The 78751 ZIP code is characterized by a mix of housing types, with varied home values and prices, alongside opportunities for both rentals and homeownership.
Housing Types
The 78751 area offers a diverse range of housing options. Single-family homes dominate the market, but there are also townhouses, condos, and apartments. Many properties feature classic architecture, while new developments bring modern designs.
Buyers can choose between historic homes with unique character and contemporary buildings with modern amenities. The balance of older and newer constructions makes the neighborhood appealing to a wide audience.
Home Values and Prices
In the 78751 ZIP code, home values are influenced by factors such as property age, size, and location. The median home value is approximately $617,250. Prices can range widely, with some homes exceeding the median value, especially those in prime locations or with extensive upgrades.
Buyers can expect varied price points, suiting different budgets. Home values have shown growth, reflective of the neighborhood's desirability and amenities.
Rentals and Ownership
The rental market in 78751 is robust, offering numerous options for prospective tenants. Apartments and houses are available for rent, catering to young professionals, students, and families. Typical rental prices reflect the area's demand and amenities.
Homeownership is also prominent, with many residents choosing to invest in properties. Mortgage options are plentiful, and the market shows a mixture of rented and owned homes. This balance contributes to a dynamic and vibrant community atmosphere.
Economic Factors
The 78751 ZIP code area, located in Austin, Texas, portrays a vibrant economic landscape characterized by diverse income levels, various employment sectors, and key economic indicators.
Household Incomes
Household incomes in 78751 vary significantly. The median household income stands at $75,972. Higher income brackets, such as those aged 45 to 64, report a median household income of $107,240. Conversely, younger households, especially those aged 15 to 24, have a median income of $45,544.
Income levels reflect both economic prosperity and disparities within the community. The area hosts a mix of affluent families and younger individuals who are starting their careers.
Employment and Industries
Employment in 78751 is diverse, spanning various industries. The unemployment rate in the area is 5.1%, which is lower than the national average. Prominent sectors include technology, healthcare, education, and retail.
The job market has seen a decrease of -3.3% over the past year, yet future job growth is predicted to be robust at 47% over the next ten years. This indicates optimism for continued economic vitality.
Economic Health Indicators
Key economic health indicators for 78751 show a mixed picture. The unemployment rate at 5.1% suggests a relatively strong job market. Despite the recent market decrease, future projections are positive with a predicted job growth rate of 47%.
Additionally, the area boasts a relatively low per capita income, leading to high economic mobility. The community’s average adjusted gross income has been rising, reflecting growing personal wealth and investment. These indicators highlight the area's potential for economic advancement and resilience.
Education Profile
The 78751 ZIP code neighborhood offers a diverse array of educational opportunities, catering to various levels and needs.
Educational Attainment
Residents in the 78751 area demonstrate significant engagement in education. Schools in this neighborhood include prominent institutions like Hyde Park Schools, Ridgetop Elementary, and McCallum High School.
Hyde Park Schools is known for a rigorous curriculum spanning from preschool to 12th grade. Ridgetop Elementary emphasizes bilingual education, fostering language skills early on.
According to recent data, roughly 87% of the population in 78751 holds a high school diploma or higher, with significant percentages achieving bachelor's and graduate degrees.
Higher education is also accessible, with the University of Texas at Austin located nearby, offering various programs and professional courses. This makes the area attractive for families and students alike.
Community Life
The 78751 ZIP code in Austin, Texas nurtures a community-centric lifestyle with a strong focus on health, well-being, and recreational opportunities.
Health and Well-being
Residents in 78751 benefit from an array of health services aimed at maintaining and improving their quality of life. Numerous health and wellness centers offer comprehensive care, including both primary and specialty services. For older adults, these services extend to nursing homes and programs designed to support independent living while preserving dignity.
Programs like Community LIFE provide activities, nutritious meals, and social interaction, helping older adults stay active and engaged. There are many local healthcare options nearby, ensuring access to robust medical care without needing to travel far.
Culture and Recreation
The 78751 neighborhood abounds with cultural and recreational activities. Hyde Park, Hancock, and North Loop neighborhoods are known for their vibrant local scenes. Residents enjoy the amenities of the nearby parks, trails, and community centers offering various outdoor activities.
Cultural life is also vibrant here, with local theaters, art galleries, and community events that foster a strong sense of belonging. Families can participate in local festivals and activities, making it an ideal area to explore and connect with neighbors, whether through arts, sports, or communal gatherings.
Local Infrastructure
78751 offers a mix of convenient transportation options and well-developed public services. The area's infrastructure supports efficient commuting and accessibility to essential facilities, making it an attractive place to live.
Transportation and Commute
The 78751 ZIP code benefits from multiple transportation options that include buses, cycling lanes, and walkable streets. Public transportation is particularly notable, with residents using buses more frequently than many other areas. The Central Time Zone determines the schedules for public transport services.
Commute times in 78751 are generally lower than the national average. The prevalence of biking and walking to work also highlights the neighborhood’s pedestrian-friendly nature. Major roads and highways intersect the area, providing easy access to different parts of Austin.
Public Services and Facilities
78751 features a variety of public services and facilities that cater to residents' needs. Local schools rank among the best in Texas, making it ideal for families. Libraries, parks, and recreational centers are readily available, promoting community engagement and activities.
The area code for 78751 is 512, covering a compact land area while offering extensive public amenities. Essential facilities, including healthcare centers and emergency services, are efficiently distributed within this ZIP code. Correctional facilities are excluded, contributing to the safety of the neighborhood.
Neighborhood Characteristics
78751 is a vibrant area with notable diversity and ongoing growth. Hyde Park stands out as a key neighborhood, epitomizing the area's appeal to young adults and families alike.
Hyde Park
Hyde Park, located within the 78751 ZIP code, is one of the oldest neighborhoods in Austin. Known for its historic homes and tree-lined streets, it offers both charm and a sense of community.
The area features a variety of architectural styles, including Victorian and bungalow homes. Residents enjoy an array of local amenities such as cafes, parks, and small shops, which contribute to its walkability. Schools in Hyde Park are highly rated, attracting families seeking quality education for their children. The neighborhood's location makes it desirable, offering easy access to the rest of Austin.
Diversity and Growth
The 78751 ZIP code is characterized by its diverse population and steady growth rate. The area includes people from various ethnic backgrounds and cultures, contributing to a rich and inclusive community atmosphere.
Young adults and professionals are drawn to the area due to its proximity to key urban centers and educational institutions. This demographic shift has led to an increase in modern housing developments and renovations of older properties, driving economic growth. The presence of long-term residents and newcomers fosters a dynamic and evolving neighborhood. Furthermore, the income levels in 78751 are varied, accommodating a mix of economic backgrounds and promoting a balanced community.
