78705 ZIP Code Location

Key Insights and Highlights

The 78705 ZIP code is located in the vibrant heart of Austin, Texas. Covering an area of 2.07 square miles within Travis County, 78705 is home to a population that offers a unique blend of students, professionals, and long-time residents. Real estate in this ZIP code includes a mix of median home values around $307,200 and plentiful rental opportunities, particularly for one-bedroom units, catering to a diverse community.

This area boasts a combination of cultural hotspots and essential amenities. Notable locations include Eastwoods Park, Pease Park, and Bailey Park, providing ample green spaces for outdoor activities. In addition, the esteemed Caswell Tennis Center adds a recreational edge to the community's offerings.

Situated close to other key ZIP codes like 78712 and 78701, 78705’s central location affords residents easy access to downtown Austin and the University of Texas. This makes it a desirable locale for those keen on both convenience and connectivity.

More about ZIP 78705

Geographic Overview

ZIP Code 78705 is situated in Austin, Texas, covering a relatively small area within Travis County. The region features various urban and residential properties and notable landmarks. This section explores its exact location, boundaries, maps, and navigation particulars.

Location and Boundaries

ZIP Code 78705 is located in the central part of Austin, Texas. It encompasses an area of approximately 2.07 square miles. The boundaries of this ZIP code include notable streets and districts, providing a mix of residential and commercial properties. Central Park, a key landmark, is situated within this ZIP code, offering green space and recreational areas.

78705 is bordered by Hyde Park to the north, West Campus to the west, and the University of Texas to the south. These boundaries define a diverse and densely populated area. It is part of Travis County, which is known for its vibrant culture and significant economic activities.

Map and Navigation

The map of ZIP Code 78705 shows its compact and well-defined area within Austin. This ZIP code is easily navigable thanks to well-planned streets and public transportation options. Key routes include Guadalupe Street, which runs north-south and is a major thoroughfare. Maphill and other mapping services provide detailed views of this locality.

For those navigating through 78705, multiple bus lines serve the area, making it accessible for residents and visitors alike. The integration of bike lanes and pedestrian-friendly paths further enhances mobility. Additionally, proximity to major highways simplifies access to other parts of Austin and surrounding regions.

Demographics

The 78705 ZIP code in Austin, TX, reveals a diverse and dynamic community. Demographic data provides insights into the population's composition, age distribution, racial and ethnic diversity, and household dynamics in the area.

Population Overview

The total population in the 78705 ZIP code is substantial, with 32,606 residents. This makes it the 325th most populated ZIP code out of the 1,933 in Texas. The population density is relatively high, attributed to the area's urban setting and proximity to educational institutions. The median home value stands at $307,200, highlighting the region as a desirable location for both renters and homeowners.

Age Distribution

The age distribution in 78705 is marked by a large number of young adults. This is primarily due to the presence of the University of Texas at Austin. A significant portion of the population falls within the 18-24 age group. This young demographic influence results in a vibrant, energetic community. Few residents are under 18, while the proportion of older adults and seniors is relatively lower compared to other Austin neighborhoods.

Race and Ethnicity

78705 showcases a diverse tapestry of racial and ethnic backgrounds. White residents form the majority, but the area is also home to significant Black, Asian, and Hispanic populations. According to the latest census data, a mix of other races and individuals identifying as two or more races contribute to the community's rich cultural fabric. Understanding this diversity is essential for appreciating the area's social dynamics.

Household Composition

In 78705, the number of households totals 10,053. The average household size is 1.94 people, reflecting the prevalence of single residents and small living units. Families make up a smaller segment with 1,400 families residing in the area, where the average family size is 2.46 people. A notable 18.5% of these families live below the poverty line, indicating economic disparities within the community.

Housing and Real Estate

The 78705 zip code in Austin, TX, presents a dynamic and diverse housing market. Known for its central location, the area offers a mix of property types, catering to various buyer preferences.

Housing Statistics

In the 78705 area, there are around 130 homes available for sale, indicating an active market. The median listing price of homes is approximately $377,500. This zip code features a range of housing units, from single-family homes to multi-unit apartments and condos.

Key Numbers:

  • Total Homes for Sale: 130

  • Median Listing Price: $377,500

Statistically, the housing units offer a mix of sizes and styles, making it a versatile option for potential homeowners.

Residential Real Estate Market

The residential real estate market in 78705 is somewhat competitive. With properties ranging from multi-unit buildings to single-family homes, buyers have a variety of choices. Specific listings highlight amenities such as built-in bookshelves, open living spaces, and balconies.

Notable Listings:

  • 3502 Red River St: Exemplifies the variety and location advantages of properties within the area.

  • 309 W 37th St: A 4 bed, 3 bath home showcasing typical residential features in 78705.

The housing market's competitiveness implies attentive buyers and well-maintained properties. The availability of different property types ensures diverse options for different buyer needs.

Education and Institutions

Situated in Travis County, Austin's 78705 zip code offers a range of educational opportunities from elementary schools to universities. The area is notable for both its public and private educational institutions as well as its significant student population due to its proximity to higher education facilities.

Educational Attainment

Residents in the 78705 area display a diverse range of educational backgrounds. A notable percentage of the population has attained higher education levels, including bachelor's degrees and professional degrees. Less common are residents with less than a year of college education.

Education Level Stats:

  • Less Than 1 Year of College: 2.87%

  • Bachelor’s Degree: Significant yet unspecified percentage

  • Professional Degrees: Significant yet unspecified percentage

This diversity in educational attainment highlights the importance of education in the local community.

Local Schools and Universities

The 78705 zip code is serviced by multiple school districts, including the Austin Independent School District. It features three public schools and four private schools catering to a range of educational needs.

Notable Schools:

  • Lee Elementary: A high-performing public school among the top 10% in Texas.

  • Helping Hand: A public charter school ranking in the bottom 5% statewide.

The area is also enriched by its proximity to higher education institutions like the University of Texas, a premier institution attracting students nationally.

Nearby Universities:

  • University of Texas at Austin

  • 6 other post-secondary institutions within close proximity

This concentration of educational institutions makes 78705 a dynamic hub for students and educators alike.

Economic Profile

The economic landscape of the 78705 ZIP code is characterized by diverse income metrics and varied employment opportunities. It includes a range of income levels and occupational fields.

Income Metrics

Household income in the 78705 area varies significantly, reflecting a socio-economically diverse population.

The average income for residents is $10,529 per year, which is considerably below the national average of $28,555. According to the latest data, median household income is fairly low, with many households earning less than $10,000 annually.

About 3,010 households report incomes below $10,000, indicating a notable concentration of lower-income residents. This demographic reality impacts local economic dynamics, including consumer spending and housing affordability.

Employment and Occupations

The employment rate in 78705 reflects the unique economic environment of this area, which includes a substantial student population given its proximity to the University of Texas at Austin.

A variety of occupations define the local job market, including positions in education, retail, food services, and healthcare. Many residents work in part-time or temporary roles, often related to their studies or research.

Businesses in this ZIP code cater predominantly to students and university staff, influencing employment patterns that are aligned with academia and supporting industries. This dynamic contributes to a fluctuating employment rate, especially during school years versus vacation seasons.

Community and Lifestyle

The 78705 ZIP code area in Austin, TX is rich with cultural and recreational amenities. The community benefits from ample healthcare resources ensuring well-being and safety.

Cultural and Recreational Amenities

The 78705 area boasts a vibrant cultural scene with numerous entertainment options. The University of Texas at Austin is a key landmark, driving many cultural events and educational opportunities. Museums, theaters, and galleries abound, offering residents access to art and history.

Parks such as Pease Park and Shoal Creek Greenbelt provide green spaces for outdoor activities like jogging, picnicking, and dog walking. Restaurants and cafes offer diverse dining experiences from international cuisines to local Tex-Mex.

The area’s planning and development focus on maintaining a balance between urban conveniences and community-driven spaces.

Health and Safety

Residents of the 78705 ZIP code benefit from an array of healthcare facilities. Nearby hospitals and clinics, such as Ascension Seton Medical Center Austin, provide comprehensive medical care. There are numerous pharmacies and specialty health services contributing to overall wellness.

Safety is a priority, with the Austin Police Department actively patrolling and community safety programs in place. Additionally, the area offers emergency services and well-maintained infrastructure to support health and safety.

These factors collectively promote a secure and healthy environment for those living in 78705, ensuring their well-being in everyday life.

Local Infrastructure

The 78705 ZIP code in Austin, TX, is supported by a range of infrastructure assets that facilitate ease of movement and access to essential services. These elements include a well-organized transportation network and reliable utility services, making the area conducive to both residential living and business activities.

Transportation Networks

The 78705 area benefits from comprehensive transportation networks. The region is well-served by public transit, including multiple bus routes operated by Capital Metro, which connect residents to key parts of Austin and its metropolitan area. These services are particularly vital for the student population attending the nearby University of Texas at Austin.

Additionally, several major roads and highways, such as Interstate 35 and U.S. Route 290, provide easy access to surrounding neighborhoods and important localities like downtown Austin and San Antonio. The area is also bicycle-friendly, with designated bike lanes and shared-use paths, promoting eco-friendly transport options. Ride-sharing services and electric scooters are also readily available, reflecting the area's embrace of newer transportation technologies.

Utilities and Services

Utilities and essential services in the 78705 ZIP code are robust and reliable, ensuring a high quality of life. The region is covered by the Austin Energy utility for electricity, while water and sewage services are managed by the Austin Water Utility. These services are known for their reliability and efficiency, supported by modern infrastructure and technology.

Telecommunications services, including high-speed internet and phone services, are provided by multiple carriers, ensuring that residents and businesses have access to essential communication tools. The area is serviced by several post offices, including a central facility that handles most standard mail and package deliveries, operating efficiently within the Central Time Zone. The availability of these utilities supports both everyday living and business operations in the area.

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