78738 ZIP Neighborhood
Exploring Life, Amenities, and Growth
Located within Travis County, the 78738 ZIP code encompasses parts of Austin, Texas, including dynamic neighborhoods like Bee Cave and The Hills. This community is characterized by upscale residential areas where the majority of homes are either owned or mortgaged, many having been built in the 2000s. Residents can enjoy a blend of suburban tranquility and proximity to the vibrant lifestyle of Austin.
Bee Cave, an incorporated city since the late 1980s, adds historic charm to the area, with roots dating back to the 1850s. Here, settlers discovered honeybee nests in the local limestone caves, a unique anecdote that ties into the city's name. Today, Bee Cave is known for its meticulously planned communities and thriving local culture, making it a coveted part of the 78738 area.
Bee Cave and its surroundings in the 78738 ZIP code offer a high standard of living, reflected in the median household income of $102,295 and average home values around $459,300. The population here is primarily white and consists mainly of married couples. For those considering a move to Austin, 78738 presents a compelling mix of affluence, history, and modern amenities, all within the central time zone.
More about ZIP 78738
Geographic Overview
Located in Austin, Texas, the 78738 ZIP code spans an area that includes Bee Cave, The Hills, and Lakeway. Known for its scenic beauty and affluent neighborhoods, 78738 enjoys a strategic position within Travis County.
Location and Maps
Situated in central Texas, the ZIP code is centered at a latitude of approximately 30.31 and a longitude of -97.98. The area falls under the Central Time Zone (UTC -6 hours) and observes Daylight Saving Time.
Maps of the region highlight various styles including high-resolution satellite imagery which provides a detailed view of the landscape. This ZIP code encompasses both residential and commercial areas, offering a blend of urban and rural settings.
Boundaries and Surrounding Areas
78738 mainly resides within Travis County but also touches parts of Hays County. It includes the cities of Bee Cave, The Hills, and sections of Lakeway. Overall, the area is characterized by its upscale residential neighborhoods, with median home values around $459,300.
The ZIP code is surrounded by other parts of Austin, which include ZIP codes like 73301 and 73344. Its proximity to Lake Travis adds to its geographical appeal, providing residents and visitors with recreational opportunities.
Demographics and Population
The 78738 ZIP code area, encompassing parts of Austin, Bee Cave, Lakeway, and The Hills in Texas, exhibits a diverse and growing population. Key points include its population size, density, and a variety of demographic characteristics that define the community.
Population Statistics
The 78738 ZIP code has a population of approximately 28,613 people. Covering an area of 42.1 square miles, the population density stands at about 679.8 people per square mile.
A notable portion of the population comprises various age groups, with a median age reflecting a balanced community. The area's demographics reveal a mix of household types and sizes, alongside varied income levels, detailing a well-rounded socioeconomic landscape.
Diversity and Ethnic Composition
The ethnic composition of the 78738 area is diverse. The majority of the population identifies as White, with significant representation from other ethnic groups.
Hispanics represent a notable percentage, contributing to the cultural mosaic. Additionally, there are smaller but substantial communities of Asians and African Americans.
Gender distribution in 78738 is balanced, with both male and female populations contributing equally to the community's dynamics. This diversity enriches the cultural and social fabric of the area, making it a vibrant place to live.
Housing and Real Estate
This section explores the variety of housing units available and their types, as well as the median home values and homeownership rates. Understanding these factors provides a clearer picture of the 78738 zip neighborhood's real estate market.
Housing Units and Types
The 78738 zip neighborhood offers a diverse range of housing units, including single-family homes, townhouses, and condominiums. Many properties are situated in planned communities with amenities like parks and swimming pools, appealing to families and retirees.
Properties range from smaller, more affordable homes to larger, luxury residences. West Oak Hill and Rough Hollow are notable areas within 78738, known for their spacious homes and scenic views. A variety of architectural styles can be found, with some homes featuring modern designs while others maintain a traditional aesthetic.
There is a mix of owner-occupied and rental properties, though the majority lean towards ownership. The area is attractive to individuals seeking both primary residences and investment properties. New listings are frequent in this dynamic market, reflecting ongoing demand.
Home Value and Ownership Rates
In the 78738 zip neighborhood, the median home value is substantial, reflecting the desirability of the area. According to recent data, the median listing price is around $990,400. This high value is indicative of the quality and amenities offered by homes in this area.
Ownership rates are relatively high, suggesting a stable and invested community. Families and professionals are drawn to the area due to its proximity to amenities and high-ranked schools. The substantial number of single-family homes contributes to this high ownership rate.
Housing prices vary significantly, from mid-range to high-end, accommodating a range of budgets. Property values have shown a steady appreciation trend, making investments in 78738 potentially lucrative. Prospective buyers can find homes suited to various needs, from starter homes to luxurious estates.
Economic Profile
78738 is known for its higher-than-average household incomes and a strong emphasis on educational attainment.
Income and Employment
In the 78738 ZIP Code, the median household income stands at approximately $102,295. This figure is significantly higher than the national median income, placing the area in the 98th percentile. A notable 73% of adults hold bachelor's degrees or higher. Real estate values are robust, with the average home value around $460,200.
Employment opportunities in this area are diverse. Many residents are employed in professional, scientific, and technical services, reflecting the high educational attainment. The unemployment rate is relatively low, contributing to economic stability. This affluent neighborhood is marked by low unemployment and high economic diversity.
Education and Schools
The 78738 neighborhood boasts impressive educational opportunities with high-performing public schools and significant levels of educational attainment among residents.
Educational Attainment
Residents of the 78738 area have achieved high levels of education. A significant portion of the population holds bachelor's and master's degrees, highlighting the neighborhood's commitment to academic excellence.
Many residents have completed some college or hold associate's degrees, reflecting a community that values continued learning. A smaller percentage of the population has less than a high school diploma, indicating strong overall educational attainment.
Local Schools and Districts
The Lake Travis Independent School District serves the 78738 ZIP code, operating five schools including Lake Travis High School. This high school is notable for its sizable student body of 3,701 students and strong academic performance.
Elementary schools such as Lake Pointe Elementary School and Rough Hollow Elementary School consistently rank high in the state, offering a robust educational foundation. Middle school students attend well-regarded institutions that foster academic success and personal growth.
The area's schools provide a supportive environment for students, with excellent resource allocation and low dropout rates being key features. The emphasis on comprehensive education prepares students well for higher education and future careers.
Community and Lifestyle
The 78738 ZIP code neighborhood offers a balanced blend of family-friendly living and abundant outdoor recreational opportunities, ideal for those seeking both community engagement and an active lifestyle.
Family Life and Living
78738 is known for its family households. With an average family size of 2.89 people, it supports a close-knit, community-oriented environment. The neighborhood is predominantly composed of married couples and features homes with 4 bedrooms, suitable for growing families. The area boasts well-maintained properties, reflecting the community’s upscale nature.
A significant feature families will appreciate in 78738 is the emphasis on quality education, with public schools highly rated in state rankings. Moreover, the neighborhood's infrastructure and facilities cater to family needs, from spacious parks to family health services.
Recreation and Outdoor Activities
Outdoor enthusiasts will find themselves at home in the 78738 ZIP code, surrounded by natural beauty and numerous recreational options. Notably, Barton Creek offers various activities such as hiking, bird watching, and picnicking. The area includes several parks and green spaces, ideal for weekend outings.
The region’s growth rate has also led to the development of more amenities catering to an active lifestyle, including sports facilities, playgrounds, and community events centered around outdoor activities. Whether it's joining local sports leagues or partaking in community hikes, residents have ample opportunities to stay active and engaged.
Local Government and Infrastructure
Bee Cave, Texas, located in ZIP code 78738, benefits from well-structured local government and infrastructure. The region spans across Travis County and touches parts of Hays County, providing robust public services and efficient transportation networks.
Public Services and Amenities
The local government in ZIP code 78738 ensures residents have access to essential public services. Law enforcement is managed by the Travis County Sheriff's Office, maintaining a low crime rate. Fire protection is provided by multiple fire stations within the jurisdiction, ensuring rapid response times.
Healthcare facilities, including hospitals and urgent care centers, are readily available. Public amenities such as parks, libraries, and community centers are well-maintained and serve as social hubs. Villages like the Village of the Hills benefit from these comprehensive services.
Transportation and Accessibility
Transportation in the 78738 ZIP code area is efficient, making it convenient for residents and visitors. Major roads and highways, such as State Highway 71, facilitate easy access to Austin and neighboring cities. The Central Time Zone is observed, aligning with business hours region-wide.
Public transportation options include bus routes operated by Capital Metro, connecting different parts of Travis County. Pedestrian and cycling paths are well-developed, promoting eco-friendly commuting. These features ensure seamless travel for households and businesses alike.
