78704 ZIP Neighborhood
Discover the Best of Austin Living
Nestled within the heart of Austin, Texas, the 78704 zip code has evolved into one of the city's most vibrant and sought-after neighborhoods. Known for its unique character and close proximity to Downtown Austin and the University of Texas, 78704 offers an eclectic mix of trendy eateries, buzzing music venues, and a touch of Texan hospitality. The area is marked by the revitalization of iconic districts like SoCo and emerging locales such as SoLa, making it a hot spot for both new and long-term residents.
With an average home value of $330,100 and a family income of $55,762 per year, 78704 stands as an upscale yet accessible neighborhood. Despite being densely populated, the unique charm and amenities of the area ensure a high quality of life for its primarily white and mostly single population. The balance between urban sophistication and laid-back culture attracts a diverse array of individuals looking to call 78704 home.
Families and young professionals alike are drawn to 78704 not just for its prime location but for its robust community offerings. It consistently ranks as one of the best zip codes to live in Texas, thanks to its excellent public schools and family-friendly environment. Whether it’s the stunning landscapes of Barton Hills or the lively streets of South River City, the neighborhood encapsulates the essence of Austin living.
More about ZIP 78704
Location and Geography
78704 is centrally located in Austin, TX, and showcases diverse geographic features. The area combines urban accessibility with varied elevation and topographical elements.
Geographic Coordinates
78704 sits at latitude 30.24 and longitude -97.75. This central location places it just south of Downtown Austin, providing easy access to the city's core. The neighborhood is bordered by the Colorado River to the north, offering scenic waterfront views and recreational opportunities. Proximity to Austin's main highways ensures seamless connectivity to other parts of Texas.
Elevation and Topography
The elevation of 78704 varies, generally ranging between 450 and 700 feet above sea level. The neighborhood's topography includes gently rolling hills and flat landscapes, contributing to its unique charm. Travis Heights, a notable area within 78704, features higher elevations, offering panoramic views of Austin's skyline. These geographical characteristics make 78704 a desirable location for both residential and recreational purposes.
Demographics
The 78704 zip code in Austin, TX, showcases vibrant demographics with a diverse population, varied household income levels, and rich cultural diversity. Here’s a detailed look at the key demographic aspects of this neighborhood.
Population Overview
ZIP code 78704 is densely populated, covering approximately 8.8 square miles with a population of 50,250 people, translating to a population density of 5,733.4 people per square mile. This area is a bustling hub for those in their late 20s to early 40s, forming the largest age group.
The population is predominantly white, making up the majority. However, other racial and ethnic groups, including Hispanics and African Americans, contribute to the area’s diversity.
Household Income
The household income within the 78704 zip code varies significantly among residents. A notable segment of households earns between $35,000 to $64,000 annually. However, the most substantial portion of the population has an income of $65,000 or more.
Median household income figures reflect the economic diversity of the area and indicate a comfortable living standard for many residents. The notable income levels support various lifestyles and access to amenities.
Diversity and Culture
ZIP code 78704 is not only economically diverse but also culturally rich. Although the population is primarily white, the area benefits from a mix of different cultures brought by Hispanic and African American residents. This cultural blend is evident in the neighborhood’s varied events, food scene, and community activities.
The inclusion of different racial and ethnic backgrounds enriches the community, making it a vibrant and inclusive place to live. The neighborhood's culture contributes to its unique character.
Housing and Real Estate
The 78704 neighborhood in Austin, TX, offers a range of residential options and exhibits interesting market trends. These aspects provide a comprehensive look at the housing landscape in this vibrant area.
Residential Areas
78704 is known for its diverse residential offerings. Single-family homes are prevalent, with some properties dating back to the mid-20th century. These houses often feature spacious lots and mature trees.
Newer developments include modern townhomes and high-rise condominiums catering to a variety of preferences. Many homes in 78704 are designed with energy efficiency and sustainability in mind, aligning with Austin's broader environmental initiatives.
Additionally, popular areas within 78704, such as South Congress and Barton Hills, draw buyers with their eclectic vibes and proximity to local amenities.
Market Trends
The real estate market in 78704 shows a mix of stability and growth. As of June 2024, the median listing home price stands at $992,500. Homes typically sell close to their listing prices, with a sale-to-list ratio of 95.93%.
Properties spend an average of 52 days on the market, indicating a balanced demand and supply dynamic. The price range in this zip code varies widely, from $210,000 to nearly $6 million, reflecting the area's diverse housing stock.
Buyers and investors can expect relatively consistent market performance, with slight variations based on broader economic conditions and local development projects.
Education and Schools
In the vibrant 78704 neighborhood, families have access to a range of educational opportunities, from well-regarded public schools to higher education institutions. Students can benefit from a strong foundation through the public school system and pursue advanced studies as they progress.
Public Schools Overview
The 78704 zip code includes several notable public schools. Noteworthy among them is the Texas School for the Deaf, an alternative public institution serving grades PK through 12 and located on South Congress Avenue.
The Austin Independent School District (AISD) plays a crucial role, administering many schools in the area. Austin High School stands out with over 2,000 students, offering a robust curriculum aimed at preparing students for college and careers. With a variety of programs, public schools in 78704 cater to diverse educational needs, ensuring students receive a well-rounded education.
For younger children, there are several elementary schools that focus on creating strong foundational skills. Schools such as Zilker Elementary and Becker Elementary engage students with innovative teaching methods and community involvement projects, fostering a love for learning.
Higher Education Opportunities
The 78704 area also offers pathways for advanced education. While there are no major universities directly within the zip code, the proximity to downtown Austin provides easy access to prominent higher education institutions.
The University of Texas at Austin, a top-ranking public university, is just a short drive away. It offers a wide range of undergraduate, graduate, and professional programs.
Additionally, Austin Community College has several campuses nearby, providing flexible learning options, including associate degrees, certificate programs, and continuing education opportunities. These institutions support lifelong learning and professional growth for residents of the 78704 neighborhood. Families and students planning their educational journey will find a wealth of resources close at hand.
Lifestyle and Recreation
Living in the 78704 ZIP neighborhood offers a dynamic mix of outdoor spaces, activities, and entertainment options. Residents can enjoy various parks, participate in numerous outdoor activities, and attend lively events and entertainment venues.
Parks and Green Spaces
78704 boasts several parks and green spaces, providing residents with ample areas to relax and enjoy nature. Zilker Park, a well-known gem, offers expansive areas for picnics, sports, and the annual Austin City Limits Music Festival. Auditorium Shores includes a dog park and trails along Lady Bird Lake, making it a popular spot for pet owners and joggers.
Big Stacy Park and Little Stacy Park are local favorites known for their playgrounds and swimming pools. These parks encourage a community feel and are great landmarks for family outings. The abundance of green spaces in 78704 reflects the neighborhood's commitment to an eco-friendly and active lifestyle.
Outdoor Activities
Residents in 78704 have access to a wide range of outdoor activities. Barton Springs Pool, a natural spring-fed pool, is a haven for swimmers seeking a refreshing dip. Deep Eddy Pool, the oldest swimming pool in Texas, is another popular location for both locals and visitors.
The Ann and Roy Butler Hike-and-Bike Trail offers scenic routes for walking, jogging, and cycling around Lady Bird Lake. For hiking enthusiasts, the Barton Creek Greenbelt provides several trails with varying difficulty levels, surrounded by lush greenery and stunning views. These outdoor options cater to different interests and fitness levels.
Entertainment and Events
78704 is also a hub for entertainment and events, making it a vibrant place to live. Venues like The Continental Club and Saxon Pub offer live music performances, ranging from rock to blues, adding to the neighborhood's cultural richness. These venues are often packed with music lovers and provide a platform for both local and visiting artists.
South Congress Avenue (SoCo) features a multitude of eclectic shops, eateries, and entertainment spots. This area regularly hosts First Thursday, a monthly event where businesses stay open late, offering special deals and live entertainment. The energetic atmosphere and diverse entertainment options ensure there's always something happening in 78704.
Economy and Employment
The 78704 zip neighborhood in Austin, TX displays a robust economic profile with diverse employment opportunities that are well-supported by the local amenities and infrastructure. The area's economic vitality is evident in factors like high median household incomes and low unemployment rates.
Employment Opportunities
78704 offers a wide range of employment opportunities across various industries including technology, education, healthcare, and the arts. Tech companies and startups are particularly prominent, thanks to Austin's reputation as a tech hub. This neighborhood attracts young professionals and skilled workers drawn by competitive salaries and innovative work environments.
Small businesses and retail shops contribute significantly to local employment. Restaurants, cafes, and boutiques provide numerous jobs that support the vibrant, community-focused lifestyle of the area. Employment rates are generally stable, with job opportunities in sectors such as education, healthcare, and creative arts further enhancing job security for residents.
Economic Profile
The economic profile of 78704 is characterized by its high median household income and favorable tax policies. The median household income in 78704 stands in the upper percentiles nationally, reflecting a high standard of living and financial well-being among its residents. About 65% of adults in the area hold at least a bachelor’s degree, which correlates with the higher income levels observed.
The neighborhood benefits from zero income tax, which is a significant advantage for both individuals and businesses. This financial setup encourages entrepreneurial activities, making it an appealing location for startups and established companies alike. With an average individual income higher than the national average, 78704 remains a sought-after area for both living and working.
Unemployment rates in the neighborhood are relatively low, further indicating a healthy job market. Residents enjoy a mix of high-paying jobs and community-focused roles, making 78704 a balanced and economically dynamic area.
Community and Lifestyle
The 78704 neighborhood in Austin, TX is known for its vibrant community life and active engagement in local politics. Residents have a variety of events to attend and opportunities to participate in neighborhood decision-making.
Community Events
In 78704, community events are frequent and varied, reflecting the diversity and vibrancy of the area. Many events take place in the Zilker neighborhood, known for its green spaces and lively atmosphere. You can find outdoor concerts, farmers' markets, and art fairs that attract residents and visitors alike.
Music lovers often enjoy the annual Austin City Limits Music Festival held at Zilker Park. Families appreciate events like Movies in the Park, where they can enjoy a film under the stars. Local businesses also host events, providing opportunities to shop and dine while engaging with the community.
Local Politics
Local politics in the 78704 area are characterized by active citizen participation and a focus on progressive policies. Residents are keen on sustainability initiatives, affordable housing, and maintaining the unique character of their neighborhoods. Regular neighborhood meetings and town halls are common, providing platforms for discussion and decision-making.
These gatherings often address issues such as urban development, traffic, and public safety. Elected officials actively engage with constituents to ensure their voices are heard. Advocacy groups also play a significant role, championing causes like environmental conservation and social justice.
History and Development
The area within Zip Code 78704 in Austin, Texas boasts a distinctive history that reflects the larger development patterns of the city itself. Initially, this region was largely rural, dotted with small farms and open land.
In the mid-20th century, 78704 began to transform significantly. Residential neighborhoods such as Barton Hills and Auditorium Shores started to develop.
South Congress Avenue, now known for its eclectic shops and lively atmosphere, emerged as a hub of growth. The construction of Interstate 35 further spurred development by improving connectivity.
Throughout the 1970s and 1980s, the area saw an influx of artists and musicians, adding to its bohemian charm. This era left an indelible mark on the neighborhood’s culture.
In recent decades, 78704 has experienced substantial gentrification. Historic homes and buildings have been restored, and new developments have risen. As a result, property values have increased and the demographic has diversified.
The scientific and technical services sectors began to contribute notably to the area's economy, further driving development in the late 20th and early 21st centuries.
Today, 78704 is renowned for its vibrant community, blending historical elements with modern amenities. Residents enjoy a mix of urban vitality and green spaces, such as Zilker Park.
The ongoing balance of preservation and modernization continues to shape the landscape and identity of Austin’s 78704 neighborhood.
Transportation and Accessibility
Zip Code 78704 in Austin, Texas, offers various transportation options that cater to residents' needs. The area supports a mix of private and public transportation, and provides accessibility within the broader metro area.
Local Public Transportation
Residents of 78704 utilize public buses operated by Capital Metro. Key routes such as Routes 1, 3, 7, 10, and 803 provide comprehensive coverage, connecting the neighborhood to downtown Austin and other essential spots.
Frequent bus services help reduce dependency on private vehicles. Additionally, the South Congress Transit Center serves as a critical hub, enhancing connectivity. Many residents prefer public transit for convenience and cost-efficiency, integrating well with Austin’s broader transportation network.
Accessibility within Metro Area
The 78704 neighborhood is strategically located close to major highways such as Interstate 35 and Highway 71. This proximity ensures quick car travel across the Austin metro area, benefiting commuters and travelers.
The Austin-Bergstrom International Airport is a short drive away, aiding frequent flyers. For cyclists, it's a bike-friendly area with dedicated lanes and trails like the Butler Hike-and-Bike Trail along Lady Bird Lake. Walkability is enhanced by well-maintained sidewalks, making it easier for pedestrians to navigate key areas.
Local Government and Infrastructure
78704, located in Austin, Texas, is served by a range of municipal services and ongoing infrastructure projects that support its densely populated community.
Municipal Services
78704 falls under the jurisdiction of Travis County and is part of the Central Time Zone. Residents benefit from a variety of municipal services including public safety, waste management, and public health services. The Austin Police Department and Austin Fire Department ensure the safety of the neighborhood with quick response times, reflecting the area's high population density.
Another essential service is the Austin-Travis County Emergency Medical Services (EMS), which provides 24/7 emergency care. The city also maintains parks and recreational areas such as Auditorium Shores, ensuring spaces for outdoor activities. Public transportation is accessible with several bus routes through the Capital Metro transit system, making it easy for residents to commute.
Infrastructure Projects
78704 is continuously evolving with numerous infrastructure projects aimed at improving the quality of life. Presently, major road improvements and expansions are underway on key thoroughfares to reduce traffic congestion. Ongoing projects include the enhancement of drainage systems to combat flooding, especially during heavy rains.
The neighborhood is also witnessing upgrades to its public transportation infrastructure. New bus stops and bike lanes are being developed to promote sustainable commuting options. In addition, several commercial and residential developments are in progress. These projects aim to provide modern amenities and increase the housing availability in this high-demand area.
The focus on infrastructural enhancements reflects the community’s growth and the need for reliable systems to support its population density.
