78734 ZIP Demographics
A Detailed Population Analysis
Located in the heart of Texas, ZIP Code 78734 covers portions of Austin and surrounding areas, offering a unique glimpse into its varied demographics. The population in the 78734 area is predominantly white, reflecting the broader demographic trends in this region of Travis County. This suburban locale provides a slightly less than average population density compared to other ZIP codes in the United States, making it ideal for those seeking a blend of community and space.
Residents in 78734 experience a middle-income lifestyle, with a significant portion of households earning above $65,000 annually. The area supports a diverse age range but has a notable number of middle-aged adults. This demographic information is crucial for understanding the community makeup and can aid potential movers or businesses in making informed decisions.
Housing in the 78734 ZIP Code reflects the community's economic level, with a mix of homes and apartments that cater to different needs and lifestyles. The combination of moderate population density, a balanced age distribution, and substantial household income levels establishes 78734 as an attractive and versatile area for both residents and enterprises.
More about ZIP 78734
Population Overview
The 78734 ZIP code, part of Travis County in Austin, TX, boasts a varied and thriving community with distinctive population characteristics. The area, while supportive of a moderate population density, displays a balanced age distribution and a fairly even gender composition.
Total Population and Density
As of recent estimates, the total population of the 78734 ZIP code is approximately 22,268.
This region has seen growth since 2010, when the population was recorded at around 17,655.
The population density is slightly below average compared to other regions in central Texas.
Population density and the number of households indicate a well-distributed, moderately populated community with numerous housing units.
Age Distribution
The median age in 78734 is indicative of a community with a mix of youth and maturity.
Several age groups are well-represented, with a significant number falling between 35 to 44 years and 45 to 54 years.
Notably, there are considerable populations in the younger age brackets, such as under 5 years and 5 to 9 years, highlighting the presence of young families.
There is also a meaningful representation in older age groups, including those aged 65 to 74 years.
Gender Composition
The gender composition in 78734 shows a fairly balanced community.
Males and females are almost equally represented, contributing to a stable social structure.
This balance is reflective of the general demographic trends in Austin, TX, and Travis County.
Maintaining this balance is crucial for various community services and amenities tailored to address the needs of both genders.
Ethnicity and Race
In zip code 78734, the racial and ethnic compositions reflect the diversity within this region. This section explores the specific racial demographics and ethnic diversity within the area.
Racial Demographics
The population of zip code 78734 exhibits a mix of races, primarily consisting of White residents. They make up the majority of the population. There is also representation from other racial groups, including Black or African American, Asian, and individuals identifying as Two or More Races.
White: The largest racial group in 78734.
Black or African American: Present, but in smaller numbers.
Asian: Represents a portion of the community.
Two or More Races: A notable category reflecting increasing diversity.
Ethnic Diversity
Ethnic diversity in 78734 is characterized by a significant number of Hispanic or Latino residents, who contribute to the cultural richness of the area. Hispanic is considered an ethnic origin and not a race, allowing for a wide array of racial identities within this group.
Hispanic or Latino: A substantial and influential part of the population.
Non-Hispanic Residents: Includes a variety of ethnic backgrounds enriching the community's cultural landscape.
This ethnographic blend in 78734 underscores the dynamic and multifaceted nature of the locality.
Income and Employment
The 78734 zip code in Austin, Texas, shows a mix of income levels and employment statistics that reflect the area's economic landscape.
Household Income Levels
In 78734, the median household income is approximately $87,300, which is relatively high compared to the national median. Despite this, it is slightly less than the average for nearby zip codes in Travis County. Around 21% of households earn more than $65,000 annually. High-income households are prevalent, contributing to a robust economic environment.
Additionally, while many households enjoy high income levels, a significant portion earns less, indicating economic diversity within the community. This disparity in income suggests varied economic opportunities and living standards within the zip code.
Employment Statistics
Employment in 78734 is varied across different sectors. The area features a mix of white-collar and blue-collar jobs, fostering a diverse employment landscape. Significant sectors include technology, healthcare, and retail services.
The proximity to Austin bolsters job opportunities, as residents often find employment in the city. Furthermore, the area's low unemployment rate reflects a stable job market, offering consistent employment opportunities for residents.
Despite the relatively high median income, some residents earn less than the average for Travis County. This variance highlights both the economic opportunities and challenges faced by the residents of 78734.
Education and Schools
The 78734 ZIP code, which includes areas such as Lakeway and parts of Austin, Texas, is notable for its relatively high levels of educational attainment and strong local schools.
Educational Attainment
Residents of 78734 have achieved significant levels of education. Approximately 38% hold a bachelor's degree, which is considerably higher than the national average. Furthermore, about 22% of the population has earned a master's degree or higher.
Many adults in the area have at least some college education or an associate's degree. The percentage of high school graduates is also high, indicating a well-educated community.
Local Schools Profile
The 78734 area is served by several public schools that have strong reputations. Lake Travis Independent School District (LTISD) is a major educational provider in the region and includes a variety of schools at different levels, from elementary to high school.
Lake Travis High School is known for its robust academic programs and extracurricular activities. Nearby elementary and middle schools such as Lakeway Elementary and Hudson Bend Middle School provide foundational education that supports overall educational attainment. These schools are often recognized for their achievements and quality of education, making 78734 a desirable area for families with school-age children.
Housing and Living Environment
The 78734 zip code, encompassing areas like Lakeway and Hudson Bend, offers a diverse range of housing options. Its proximity to Lake Travis creates a unique environment that blends suburban living with natural beauty.
Housing Units and Availability
The 78734 area includes a mix of single-family homes, apartments, and condominiums. There are both older residences and new constructions, catering to various preferences and budgets.
Types of Housing:
Single-family homes
Apartments
Condominiums
With a lower population density, there are fewer multi-family units compared to urban areas. The median house value here tends to be higher due to the desirable location near Lake Travis.
Vacant Units:
The availability of vacant housing units offers opportunities for potential residents. The mix of available properties ranges from small homes to luxury estates, reflecting the diverse socio-economic landscape.
Key Areas:
Lakeway: Known for its upscale housing and amenities.
Hudson Bend: Offers more affordable options with easy access to the lake.
Geography and Mapping
The geography of zip code 78734 significantly influences its living environment. The area covers a blend of rolling hills and waterfront properties, contributing to its appeal.
Land Area:
Slightly less than average in size compared to other U.S. zip codes.
Lower overall population density.
Key Features:
Proximity to Lake Travis: Enhances recreational opportunities and scenic views.
Nearby Cities: Immediate accessibility to Austin, making it convenient for commuting.
Map Highlights:
Interactive maps often show Lakeway and Hudson Bend prominently, illustrating their key positions within 78734. The land area near the lake is particularly sought after, combining natural aesthetics with modern living. The varied geography also means that properties may come with unique features like waterfront access or hillside vistas.
Community and Culture
The 78734 ZIP code encompasses a vibrant community with diverse cultural elements and notable neighboring cities. Residents experience a blend of suburban tranquility and dynamic urban influence, creating a unique living environment.
Neighboring Cities
78734 is located in Travis County, Texas, and includes parts of Austin, Lakeway, and Bee Cave. Austin, known for its music and tech industries, provides ample employment opportunities and cultural activities.
Lakeway offers a more suburban feel, popular among families due to its excellent schools and recreational areas.
Bee Cave, a growing city, boasts shopping centers, restaurants, and entertainment options. These neighboring cities enrich the cultural landscape, offering residents varied lifestyle choices and amenities.
Area Highlights
Zip code 78734 spans 18.9 square miles with a population of 21,685 people. Average household size is relatively moderate, supporting a mix of single professionals, families, and retirees.
Cultural diversity is evident, contributing to community events and festivals. Educational institutions are highly rated, making it attractive for families. Residents enjoy access to outdoor activities, including parks and lakes, which foster a strong sense of community engagement.
Living in this area balances accessibility to urban amenities in Austin with the serene environment of suburban areas like Lakeway and Bee Cave.
Economic Indicators
Economic indicators for the 78734 ZIP code area provide insight into the financial and economic status of its residents. This section focuses exclusively on income and adjusted gross income statistics.
Income Tax Data
In 78734, the income level is an important economic indicator. The average adjusted gross income (AGI) for residents is notably higher than many other regions, reflecting the area's comparatively affluent population.
Residents report high average incomes, contributing to a strong local economy. The income data reveals disparities, with a significant portion of high earners helping to propel the area's tax revenue base.
Income brackets illustrate the distribution of wealth, highlighting the economic diversity within 78734. This data is critical for policy makers and businesses to tailor their strategies to the economic realities of the area.
Demographic Data Sources
Access to demographic data for the 78734 ZIP code is vital for understanding its population characteristics. Two primary sources provide such data: the U.S. Census Bureau and various data updates to ensure accuracy and reliability.
Census Information
The U.S. Census Bureau is the principal source of demographic data for 78734. The 2020 Census provides comprehensive information on population size, race, age, sex, income, and housing characteristics. Census data is collected every ten years, with additional surveys like the American Community Survey (ACS) providing more frequent updates.
Specific profile data for 78734 includes statistics on poverty rates, educational attainment, and marital status. This data aids in painting a detailed picture of the demographic and housing estimates in the area.
Data Updates and Accuracy
To maintain the relevance of demographic information, regular data updates are essential. The American Community Survey (ACS) plays a crucial role by offering annual updates, ensuring that data on 78734 remains current.
Accuracy is paramount, and discrepancies are addressed by comparing current estimates with previous census data. The Demographic Data Map Viewer and other tools from the Census Bureau assist in visualizing changes over time. Reliable data updates help policymakers and researchers make informed decisions based on the latest demographic trends.
