78702 ZIP Demographics
In-Depth Neighborhood Insights
The 78702 ZIP code, situated in eastern Austin, Texas, presents a fascinating tapestry of demographics that reflects the evolving landscape of the city. This area, known for its vibrant community and cultural richness, has a population density of about 5,138.5 people per square mile across approximately 5 square miles. The residents here are predominantly white, but the community also thrives on diversity, with a significant portion of the population in their late 20s to early 40s.
78702 stands out with a notable percentage of highly educated individuals, boasting 35% holding a Bachelor's degree and 22% with a Master's degree or higher, which is significantly above national averages. The area also has a robust mix of homeowners and renters, with around 58% of residents living in rental properties. This blend of educational attainment and housing dynamics contributes to the area's unique character.
Income levels and employment statistics further depict 78702 as an area of interest. The neighborhood showcases a mixture of income levels and occupations, reflecting a balanced economic landscape. The community spirit, enriched by diverse backgrounds and professional fields, makes 78702 a microcosm of modern urban living in Austin.
More about ZIP 78702
Geographic and Demographic Overview
Located in eastern Texas, ZIP code 78702 covers a slightly smaller than average land area but features a notably high population density. This area, part of Austin, TX, presents a diverse and growing community.
Location and Boundaries
ZIP code 78702 is situated within the city limits of Austin, TX, and spans approximately 5.006 square miles. It lies in Travis County and its boundaries are well-defined on city maps.
Bordering neighborhoods contribute to its unique character, with residential areas seamlessly blending with vibrant commercial zones.
Core Areas:
Proximity to downtown Austin
Close to major highways and public transportation
The geographic location supports both residential living and business establishments.
Population and Density
As of recent estimates, the population of ZIP code 78702 stands at around 29,748. Previous census data from 2020 recorded a population of 25,910 in 12,074 households, indicating growth over recent years.
This area exhibits a high population density, with more than 5,000 people per square mile. Factors contributing to this include urban development and an influx of residents attracted by its vibrant community and amenities.
Key Figures:
Total Population: ~29,748
Households: 12,074
Population Density: Over 5,000 people per sq. mile
The high density reflects both residential desirability and urban density trends.
Ethnic Composition
The ZIP code 78702 features a diverse population. While the majority of the residents are white, the community includes significant representation from other ethnic groups.
Breakdown:
Large populations of individuals in their late 20s to early 40s
Significant portions of foreign-born residents (6.2%)
Racial Diversity: White, Hispanic, African American, Asian
This diversity is apparent in cultural events, local businesses, and community institutions, fostering a vibrant and inclusive neighborhood environment.
Socioeconomic Profile
In ZIP code 78702, the socioeconomic profile reveals diverse income levels, varied employment statuses, and different degrees of educational attainment among residents.
Household Income Levels
The median household income in 78702 is approximately $55,000. This area showcases a notable portion of high-income households earning above $100,000 annually, while a significant percentage of residents live below the poverty line. According to the latest data, around 20.8% of the population is below the poverty line. Meanwhile, the per capita income stands at around $30,000. These figures highlight a community with pronounced economic diversity and an income distribution that spans a wide spectrum.
Employment Status
The labor force participation rate in 78702 is high, with an employment rate of roughly 97%. This leaves a relatively low unemployment rate of about 3%, indicating a robust job market. The area has a mix of white-collar and blue-collar jobs, with many employed in professional, technical, and service occupations. Despite the high employment rate, the poverty rate emphasizes the coexistence of employed individuals still facing economic challenges, underscoring the need for wage growth and better job opportunities to improve living standards.
Educational Attainment
Residents of 78702 exhibit a range of educational qualifications. Approximately 40% of adults hold a bachelor's degree or higher, including professional and graduate degrees. Nearly 30% of the adult population has attained an associate degree or completed some college education. About 15% have a high school diploma as their highest educational level. This educational distribution shows a relatively well-educated community with significant portions of the population having access to higher education, which is likely contributing to the professional and technical employment seen in the area.
Housing and Living Conditions
The 78702 ZIP code presents a diverse housing landscape with distinct types of dwellings and a notable variance in home values. Understanding housing types, ownership patterns, and household compositions offers insight into the living conditions in this area.
Housing Types and Ownership
78702 features a mix of single-family homes, apartments, and condos. A significant proportion of residents live in older, renovated houses, reflecting the neighborhood's historical character. Many homes are mid-century constructions, with a mix of both renters and homeowners.
Housing Type Breakdown:
Single-Family Homes: Predominant housing type.
Apartments and Condos: Increasing due to new developments.
Historic Properties: Many homes date back to the mid-20th century.
Ownership varies, with a balanced ratio between renters and owners, reflecting diverse socioeconomic statuses among residents.
Median House Value
Housing values in 78702 are notably high compared to other regions. The current median house value is around $390,500. This figure is roughly 1.5 times the median house value for the broader Austin-Round Rock-Georgetown Metro Area.
Higher housing costs reflect the area's popularity and desirability, influenced by proximity to downtown Austin and local amenities. Housing prices also show a trend of increasing values over the past decade, driven by demand and limited supply.
Household Composition
Households in 78702 are varied, ranging from single occupants to large family units. The average household size is relatively small, indicating a significant number of singles and couples without children.
Typical Household Structures:
Single-Person Households: High prevalence.
Family Households: Equally common, varying from small to larger families.
Shared Living Arrangements: Growing trend among young professionals and students.
These household patterns reflect a blend of long-term residents and newcomers attracted by the area's vibrancy and amenities.
Population Dynamics
The demographics of ZIP code 78702 reveal significant insights into its population structure, influencing various social and economic aspects. Key metrics include age distribution, gender ratio, marital status, and growth rate.
Age Distribution
The population in ZIP code 78702 exhibits a diverse age range. A significant portion of residents are in their late 20s to early 40s. Younger adults (20-40 years) constitute a large segment, reflecting a vibrant workforce.
Median age is a crucial indicator, generally aligning with the average for urban areas. Older adults (65+ years) make up a smaller, though notable, percentage. These dynamics impact local services, housing, and community activities.
Gender Ratio
Gender distribution in 78702 is relatively balanced. Males and females are almost equally represented, which is typical for many urban ZIP codes.
Men and women contribute to the area’s economy and culture in virtually equal measures. However, specific sectors might see slight gender imbalances, particularly in employment and income levels, with women earning approximately 73.40% of what men earn.
Marital Status
The marital status within 78702 offers insights into household compositions and community life. A mix of married, single, and other relationship statuses shapes the social framework.
A noticeable percentage of the residents are married, which impacts local housing markets and services such as schools. Conversely, a sizable single population indicates a demand for different types of amenities and housing.
Growth Rate
The growth rate in ZIP code 78702 has been considerable. In 2022, the estimated population was 26,414, up from 21,334 in 2010, highlighting rapid development over the decade.
This growth trend underscores an increasing demand for housing, infrastructure, and services. The area’s attraction can be attributed to its economic opportunities and urban living appeal, reflecting broader urbanization trends.
Cultural Identity
Residents of the 78702 ZIP code in Austin, TX, represent a diverse array of ethnic backgrounds and cultural heritages. This multicultural landscape contributes to a rich tapestry of traditions and community life.
Diversity and Ethnicity
The 78702 area is notably diverse. The population includes significant representations of various ethnic groups:
White: A considerable portion of the demographic.
Hispanic: A prominent and culturally influential community.
Black or African American: Vital to the social and cultural fabric.
Asian: Including individuals of Vietnamese and Korean descent.
Native American: Encompassing American Indians and Alaskan Natives.
Two or more races and Other race categories: Also present, adding to the diversity.
This variety enhances cultural events, communal relationships, and local activities, making 78702 a vibrant and inclusive place.
Heritage and Ancestry
Apart from ethnicity, the distinct heritage of 78702 residents is a cornerstone of the area's identity. Many individuals celebrate and preserve their ancestral histories.
Hispanic communities often keep traditions from Latin American countries.
Asian communities, particularly those from Vietnam and Korea, maintain unique cultural practices.
Black or African American families frequently honor African and Caribbean heritages.
Additionally, Native American groups in the area preserve ancestral customs. This mix of traditions and heritages fosters a strong sense of community and identity among residents, enriching the social fabric of 78702.
Economic Activity
The 78702 zip code is a vibrant area with a diverse population actively participating in various sectors of the economy. The labor force is notably engaged in different industries, contributing to a dynamic economic landscape.
Employment by Sector
Employment rates in 78702 show a strong engagement with a labor force participation rate of 72.60% among individuals over the age of 16. A significant portion of this population is employed in sectors such as education, healthcare, and social assistance, which provides numerous opportunities for the local workforce.
Other important sectors include professional, scientific, and technical services, as well as retail trade and hospitality. These areas not only offer employment but also help drive the local economy. The diversity in employment sectors ensures that various skill sets and educational backgrounds are utilized, benefiting the community as a whole.
Occupations and Industries
The population of 78702 engages in a wide array of occupations. Key industries employ a significant portion of the workforce, with notable representation in management, business, science, and arts occupations. Many individuals are involved in service occupations, reflecting the area's strong service-oriented industry base.
Additionally, sales and office occupations provide a substantial amount of employment opportunities. The presence of construction, extraction, and maintenance sectors also indicates the area's ongoing development and infrastructure growth. The employment landscape in 78702 is well-rounded and encompasses a broad range of industries and occupational roles, sustaining the economic vitality of the region.
Statistical Data Sources
Demographic data for the 78702 ZIP code can be sourced from multiple reputable resources. These encompass a variety of datasets, providing insights into the population characteristics, household structures, and economic conditions of the area.
US Census Bureau Data
The US Census Bureau is a primary source of comprehensive demographic information for 78702. This data includes population figures, age distribution, racial composition, and housing characteristics. For instance, the population of 78702 was recorded as 25,723 according to the latest census.
Additionally, census data highlights key socioeconomic factors such as income levels and poverty rates. Census surveys, conducted every ten years, ensure that the data remains current and reliable. Beyond basic counts, it captures the prevalence of familial versus non-familial households, crucial for understanding community dynamics.
American Community Survey Insights
The American Community Survey (ACS), conducted by the US Census Bureau, provides annual updates between decennial censuses. The ACS 5-year estimates offer detailed insights into the demographics of 78702, including adjusted gross income (AGI) and employment statistics.
According to recent ACS data, there are 12,349 households in the area, with an average household size of 2.02 people. For families, the typical size is 2.83 members. These insights help draw a clearer picture of the economic and social environment, essential for policy-making and community planning. The ACS is particularly valuable for its ability to capture changes over time, giving a more dynamic view of the community.
Regional Comparison
The 78702 ZIP code, located in eastern Austin, Texas, exhibits unique demographic characteristics. By comparing it with the broader context of Travis County and other nearby regions, one can better understand the distinctions and similarities that define this area.
Travis County Context
78702 is a part of Travis County, which has a diverse demographic profile. While 78702 has a population density of 5,138.5 people per square mile, Travis County shows more variation across its regions.
Income levels in 78702 are notable, with certain areas experiencing higher poverty rates. For instance, 17.00% of families in 78702 live below the poverty line, which contrasts with the overall lower poverty rates in other parts of Travis County.
When it comes to education, 78702's population tends to have a mix of educational attainment levels. Comparatively, Travis County overall shows higher educational achievements, reflecting the broader resources and opportunities available in the county.
Comparison with other ZIP Codes
Comparing 78702 to other Austin ZIP codes, significant differences arise in population density, income, and household characteristics. While 78702 has a density of 5,138.5 people per square mile, surrounding ZIP codes may have much lower densities, indicative of more suburban or rural settings.
Household sizes in 78702 average at 2.02 people, with family sizes around 2.83, differing from neighboring areas where the household sizes may be larger due to family-centric demographics.
Income disparities are also prominent. The relatively high poverty rate in 78702 stands out when juxtaposed with wealthier ZIP codes like 78701, which includes downtown Austin and features higher median incomes and lower poverty rates.
By capturing these contrasts, the analysis highlights the diversity within the Austin region and underscores the unique social and economic fabric of 78702.
Physical Environment
The 78702 ZIP code is located in eastern Austin, Texas, covering a slightly less than average land area compared to other ZIP codes in the United States.
Land Area:
Approximately Square Miles: data not provided but is relatively compact compared to other ZIP codes.
Geographical Features:
Predominantly urban environment with residential and commercial zones.
Time Zone:
Central Time Zone (CST), which is UTC-6 during standard time and UTC-5 during daylight saving time.
Land Use
78702 includes a mix of residential housing, commercial properties, and some public green spaces.
Residential Areas:
Houses and condos: 13,978
Renter-occupied apartments: 7,540, representing 58% of residences.
Green Spaces:
Several parks and recreational areas to provide urban greenery and spaces for community activities.
This area demonstrates a dense urban setup with a high level of community integration and accessibility. ParameterDirection may vary within various parts of the ZIP code, accommodating a diverse array of buildings and public facilities.
78702's positioning in Austin makes it a crucial component of city planning, contributing to its unique urban tapestry.
