78723 ZIP Demographics
A Comprehensive Analysis of Population and Trends
The 78723 ZIP code in Austin, Texas, reveals a diverse and vibrant community with a population of approximately 37,000 people spread across 7.1 square miles. Situated in eastern Texas, this area boasts a high population density of 5,241.8 people per square mile, making it a lively urban environment. Understanding the demographics of 78723 is crucial for social research, economics, and marketing efforts within this multicultural community.
Residents of 78723 are primarily white, but the area is also home to a mix of different races and ethnicities, reflecting the cultural diversity of Austin. The adult population here spans various age groups, with a significant number of individuals in their late 20s to early 40s. Income levels vary, with the per capita income in the ZIP code being $46,139, and a significant portion of households earning between $35k and $64k annually.
The community features a housing market with a mix of owner-occupied homes and renter-occupied apartments, with 51% of residents renting their homes. This diverse economic and social landscape provides a dynamic snapshot of life in 78723, highlighting the unique characteristics that shape the area's identity within Travis County.
More about ZIP 78723
Geographic Profile
The 78723 ZIP code in Austin, Texas, is defined by its specific location, distinct land area, population density, and climate, all within the Central Time Zone.
Location and Boundaries
Located in the eastern part of Austin, Texas, the 78723 ZIP code falls within Travis County. The boundaries are marked by several notable roads and landmarks, making it easily identifiable. East 51st Street forms part of its northern boundary, while the southern edge is bordered by Manor Road.
Additionally, the western boundary is less defined but includes parts of Airport Boulevard. The ZIP code also encompasses neighborhoods like Windsor Park and Mueller, known for their residential and commercial developments.
Land Area and Density
The 78723 ZIP code covers an approximate land area of 7.1 square miles. This area houses a high population density, with around 5,242 people per square mile.
In specific terms, the population has been steadily growing, with an estimated 38,326 residents as of recent data. Housing includes a mix of single-family homes, apartments, and condominiums, reflecting a diverse community fabric. Such density makes it one of the more densely populated areas in Austin.
Climate and Time Zone
The climate in the 78723 ZIP code falls under the humid subtropical category. Summers are typically hot and humid, while winters are mild, with occasional cold spells.
Residents experience significant rainfall throughout the year, contributing to lush vegetation in the area. As part of the Central Time Zone (CST), the region observes a standard time offset of UTC -6 hours. During daylight saving time (CDT), the offset changes to UTC -5 hours, aligning seasonal daylight changes effectively with local schedules.
Population and Demographics
ZIP code 78723, located in Austin, Texas, is characterized by a diverse and growing population. This section provides detailed insights into the population size, growth trends, racial and ethnic composition, and age distribution within this area.
Population Size and Growth
The 78723 ZIP code has a total population of approximately 37,000 people as of the most recent census data. Over the past decade, the population in this area has seen significant growth, increasing from 28,330 in 2010 to nearly 38,000 by 2022.
This growth reflects ongoing urban development and increased housing availability. The area covers 7.1 square miles, resulting in a population density of roughly 5,241.8 people per square mile.
Population by Race and Ethnicity
The racial and ethnic composition of ZIP code 78723 is diverse. The majority of the population is White, but there is a notable presence of other racial groups, creating a rich cultural fabric.
White: The largest racial group.
Hispanic/Latino: A significant portion of the community.
Black/African American: A considerable minority.
Asian: Represented but smaller in percentage.
Two or More Races and Other Races: Includes a mix of various ethnic backgrounds.
This diversity contributes to a vibrant community life within 78723, with numerous cultural and social interactions.
Age Distribution
The population distribution by age in 78723 shows a mix of various age groups. Residents in their late 20s to early 40s form a substantial part of the demographic, indicating a bustling workforce and young families.
Children and Adolescents: A healthy proportion of the population.
Young Adults (20-39): The largest segment, active in the workforce and community.
Middle-Aged Adults (40-59): Significant presence, contributing experienced professionals and stable families.
Seniors (60 and above): Representing the mature and elderly segment, this group benefits from the area’s amenities and services.
The median age in 78723 is indicative of a community with a balanced age structure, supporting both a dynamic lifestyle and stable family-oriented environment. This varied age distribution ensures a blend of experience levels and generational perspectives within the community.
Economic Characteristics
The economic landscape of ZIP code 78723 presents a multifaceted picture with important factors such as household incomes, employment sectors, and housing dynamics shaping the area's profile.
Income Statistics
The 78723 ZIP code exhibits diverse income levels across households. Median household income stands at $55,000. A significant number of households report incomes under $25,000, reflecting economic diversity.
To detail further:
Less than $10,000: 834 households
$10,000 to $14,999: 705 households
$15,000 to $24,999: 1,500 households
The per capita income for this area is about $30,000, indicating varied individual earnings within the community.
Employment and Occupations
In the employment sector, the unemployment rate is currently 3.1%. This relatively low figure suggests a robust job market.
A variety of occupations are present in ZIP code 78723, including:
Professional, scientific, and technical services
Education and health services
Retail trade
Construction
These diverse employment sectors contribute to the economic stability of the area.
Housing Market
Housing in 78723 is characterized by a mix of ownership and rental units. There are 14,496 total households, with a notable number falling into various income categories.
Key housing statistics include:
Total housing units: 14,337
Median home value: $350,000
Rental occupancy: Approximately 50% of housing units
This data highlights a balanced housing market with ample opportunities for both renters and owners. The local housing market resilience is supported by consistent demand and moderate home-price appreciation.
Household Dynamics
The 78723 ZIP code in Austin, Texas, presents a diverse array of household compositions and living arrangements that reflect the area's dynamic demographic trends.
Household Composition
Total households in 78723 amount to approximately 37,000. Within this, a significant portion comprises family households, highlighting the prominence of family-oriented living in the area. The average household size typically ranges from 2 to 3 members, showcasing a mix of single-person dwellings and larger family setups. Average family size tends to be slightly higher, suggesting the presence of extended family arrangements.
Family households often include young families with children, while non-family households cater to singles or roommates. There is also a notable presence of households headed by seniors, which indicates a diverse age range within the community.
Housing and Living Arrangements
The housing units in 78723 vary from single-family homes to apartments and townhouses. The total housing units are split between owner-occupied and rental properties, with a balance that supports both long-term residents and transient populations. Notably, two-bedroom rentals are exceedingly common, with average monthly rents falling between $750 and $999.
Living arrangements frequently include typical family setups, but there's also a substantial portion of one-bedroom rentals catering to individuals or couples. This diversity in housing and living arrangements helps meet the needs of a range of occupants, ensuring accessibility for varied income levels and lifestyles.
Educational Profile
The educational landscape of the 78723 ZIP code in Austin, Texas offers a variety of institutions and a range of educational attainment levels among its residents. This section provides a closer look at the schools and institutions shaping the community's educational profile.
Schools and Institutions
The 78723 ZIP code is served by several public schools within the Austin Independent School District (AISD). Major schools include Blanton Elementary School, Harris Elementary School, and Reagan Early College High School.
These schools provide education from kindergarten through high school, preparing students for higher education and careers. Additionally, some private and charter schools, such as The Griffin School, offer alternative education options.
Educational attainment in 78723 shows that 25.32% of residents have a bachelor's degree, and 21% hold a master's degree or higher. This indicates a strong presence of well-educated individuals contributing to the community's overall development.
Local Infrastructure
The 78723 ZIP code in Austin, TX, offers a variety of infrastructures that cater to its residents' transportation, public amenities, and business needs.
Transportation Networks
In the 78723 area, transportation is well-structured with multiple options to cater to different needs. The area is accessible through major roadways such as U.S. Route 290 and Interstate 35, making commutes convenient.
Public transportation is prevalent with several bus routes managed by Capital Metro providing seamless connectivity across Austin. Bike lanes and sidewalks improve the infrastructure, promoting eco-friendly transit options.
Additionally, amenities like the Austin-Bergstrom International Airport are within a reasonable distance, ensuring easy access to air travel.
Public Amenities and Services
The 78723 ZIP code offers a robust set of public amenities and services enriching the community experience. Educational facilities, including several public and private schools, ensure diverse learning opportunities.
Bartholomew District Park stands out with its recreational facilities such as athletic fields, a splash pad, and a swimming pool.
Healthcare services are abundant, with St. David’s Medical Center providing comprehensive medical care. Public libraries and community centers, like the University Hills Branch of the Austin Public Library, offer cultural and educational resources.
Business and Employment Centers
78723 is a thriving hub for business and employment, notable for its diverse economic activities. The area features numerous shopping centers, including Mueller Market District, which hosts a variety of retail stores, dining options, and entertainment venues.
Employment centers range from small businesses to significant corporations, providing jobs in sectors like retail, healthcare, education, and technology.
The Mueller Business District is particularly prominent, offering coworking spaces and offices that cater to startups and established firms alike. This diversity in business types ensures ample employment opportunities for residents with various skills and backgrounds.
Cultural and Recreational Amenities
The 78723 ZIP code area in Austin, Texas, boasts a variety of cultural and recreational amenities that cater to a diverse community.
Residents and visitors can enjoy Bartholomew District Park, a significant green space offering sports fields, walking trails, and picnic areas. The park also includes a swimming pool complex, which is a popular spot during the warmer months.
Mueller Lake Park is another prominent recreational area. It features scenic trails around a central lake, an amphitheater for community events, and a variety of playgrounds. The park is a central hub for outdoor activities and community gatherings.
Culturally, 78723 is enriched by the Thinkery, Austin’s innovative children’s museum in the Mueller neighborhood. The museum offers interactive exhibits and educational programs that engage children in science, technology, engineering, arts, and math (STEAM).
For performing arts enthusiasts, The VORTEX is a local theater that showcases an array of performances, including plays, dance, and music events. This venue supports Austin's vibrant arts community and offers a unique cultural experience.
Available entertainment options enhance the area’s livability.
Residents appreciate the easy access to local eateries and farmers' markets. The Mueller Farmers’ Market features local produce, artisanal goods, and live music, making it a favorite Sunday activity for many.
These cultural and recreational amenities contribute to the appeal of living in the 78723 ZIP code, providing a well-rounded lifestyle for its inhabitants.
Community Resources
The 78723 ZIP code area in Austin, TX, offers a range of community resources that cater to healthcare needs and various support services for residents, emphasizing accessibility and quality.
Healthcare Facilities
78723 is home to several healthcare facilities providing quality medical services. CommUnityCare North Central Health Center serves as a primary healthcare provider offering services such as family medicine, pediatrics, women’s health, and mental health care.
Another notable facility is Dell Children's Medical Center, specializing in pediatric care. For urgent care needs, the NextCare Urgent Care center is conveniently located, providing immediate attention for non-life-threatening conditions.
Residents also benefit from numerous pharmacies, including CVS and Walgreens, ensuring easy access to prescriptions and over-the-counter medications. Texas Oncology-Austin Central provides specialized cancer treatment, reflecting the area’s comprehensive healthcare landscape.
Community Support Services
78723 offers various community support services to enhance the quality of life for its residents. Austin Area Urban League provides workforce development, financial literacy programs, and housing assistance, playing a crucial role in community upliftment.
Caritas of Austin delivers essential services such as food assistance, housing stability programs, and education support, addressing critical needs of vulnerable populations.
The Austin Public Library – University Hills Branch offers educational resources, internet access, and community programs for all ages. Additionally, United Way for Greater Austin coordinates volunteer opportunities and resources for families in need, fostering a supportive community environment.
These resources collectively ensure that residents have access to necessary support, fostering a well-rounded and supportive community environment in 78723.
References
In investigating the demographics of ZIP code 78723, multiple reputable sources were consulted to provide a well-rounded view.
Among these sources is Census Reporter, which offers detailed insights derived from the American Community Survey (ACS) 2022 5-year estimates. This data highlights essential metrics such as population density and housing statistics.
Population (2022 ACS 5-year):
37,000 residents
7.1 square miles
5,241.8 people per square mile
City-Data.com offers historical and comparative data, dating back to 2000, proving valuable for observing demographic changes over time. This site provides percentages of renter-occupied versus owner-occupied housing, and the extent of residential stability among the inhabitants.
Housing Highlights:
Houses and condos: 17,087
Renter-occupied apartments: 8,354
Percentage of renters: 51%
47% lived in the same house 5 years ago
HomeTownLocator uses July 1, 2023, data to compare ZIP code 78723 with other ZIP codes in Texas. It provides percentile ranks, helping to measure and classify the area’s standing relative to others in the state.
Valuable Metrics:
Various comparisons of demographic and socioeconomic indicators
Peer rankings and percentiles for insightful comparisons
Residential rent information shows postings for common apartment configurations in the 78723 area.
2 Bedrooms: $750-$999/month
1 Bedroom: $500-$749/month
The seamless integration of data from these sources ensures accuracy and reliability, fitting perfectly with the requirements for demographic analysis and classification within ZIP code 78723.
