78742 ZIP Neighborhood
A Comprehensive Guide to Living and Amenities
Located in eastern Austin, Texas, ZIP code 78742 offers a unique blend of community attributes that set it apart from other areas. Covering 5.91 square miles, this neighborhood provides a less dense living environment compared to other regions, contributing to a more relaxed atmosphere. This area has a significant number of residents in their late 20s to early 40s, contributing to a vibrant and active community life.
One of the most appealing aspects of the 78742 neighborhood is its close proximity to downtown Austin, offering residents an easy commute and access to a variety of urban amenities. The area is also home to the Del Valle neighborhood, which combines affordability with convenience, making it an attractive choice for those looking to stay within budget while still being close to the hustle and bustle of the city. The influence of nearby attractions like the Circuit of the Americas adds to the neighborhood's appeal and potential for development.
Census data reveals that the population of ZIP code 78742 is just over 1,000, providing a tight-knit community feel. Despite its modest size, the neighborhood's elevation of 444 feet above sea level offers a unique geographical feature. With ongoing development and diverse demographics, 78742 continues to evolve, making it a compelling choice for new residents and investors alike.
More about ZIP 78742
Demographics
The 78742 ZIP code offers unique insights into its youthful population, diverse racial composition, and educational attainment levels.
Population Overview
The population of 78742 stands at approximately 1,099 residents as of 2021. This area is noted for having a relatively lower population density compared to other parts of Austin, TX. The median age in 78742 is 26.20 years old, which is significantly younger compared to the national median age of 38.1 years. This points to a community predominantly composed of young adults, particularly those in their late 20s to early 40s, shaping a vibrant and dynamic neighborhood.
Ethnic and Racial Composition
The racial makeup of 78742 is primarily white. However, this ZIP code also shows notable diversity. A significant segment of the population identifies as Hispanic, contributing to the cultural richness of the community. Less prominent but present are African American, American Indian, and Alaska Native residents. There is also a portion of the population identified as of two or more races, reflecting a blend of backgrounds and cultural influences in this part of Austin.
Educational Achievement
Educational levels among the residents of 78742 vary. A portion of the population holds a high school diploma or equivalent, while others have pursued higher education. There are individuals with some college or an associate's degree. Furthermore, a segment of the community has attained a bachelor's degree or higher (such as a master's degree), highlighting the educational diversity within the ZIP code. However, there remains a portion of residents with education levels below high school, indicating areas for potential focus on educational improvement initiatives.
Housing and Real Estate
The 78742 zip area in Texas offers a diverse range of housing opportunities, whether for individuals seeking to rent or families looking to own a home. The region's real estate market encompasses various property types, living costs, and household characteristics.
Ownership and Renting
In 78742, individuals and families can choose between renting and owning properties. The area provides multiple listings, from single-family homes to apartments. For those looking to own, house prices vary, offering options for different budgets. Conversely, renters can find properties that fit their financial needs, making both renting and owning feasible options.
Property and Living Costs
Property values in 78742 reflect its desirable location within Austin, Texas. The median house value in the area is competitive, with an average house value reflective of broader Texas real estate trends. Living costs, including housing and utilities, play a crucial role in decision-making for potential residents. The region's cost of living is balanced with other Texas urban areas, ensuring affordability for various income levels.
Household Characteristics
78742 is home to a mix of households. This includes both family households and non-family homes. The average household size and average family size in the area contribute to the community’s demographic profile. The neighborhood's composition reflects a blend of individuals and families, creating a diverse living environment tailored to different lifestyle needs.
78742 stands out for its varied real estate offerings, competitive living costs, and dynamic household characteristics.
Economic Factors
Economic aspects of the 78742 neighborhood reveal distinct trends in income, employment, and business dynamics, with significant deviations from national averages in several areas.
Income and Employment
The median household income in 78742 is approximately $28,281, substantially lower than the national average of $56,604. Families in the area often experience moderate financial constraints.
Individual earnings also reflect these trends. The average income is about $20,867 per year, while the US average is $28,555. This discrepancy affects the local purchasing power and economic stability.
Employment opportunities within 78742 are diverse, though many residents may seek work in other parts of Austin or the broader metropolitan area. The variation in job availability influences local economic activities and impacts family incomes.
Business Landscape
In 78742, the local economy benefits from a range of businesses, ranging from small local shops to more significant enterprises. While business diversity is evident, the economic activity here is not as robust compared to other parts of Austin.
Commercial properties and retail spaces are more affordable, making the area attractive for entrepreneurs looking to establish new businesses. Initiatives to support local businesses can encourage community development and enhance economic resilience.
Real estate prices, with median home values around $70,700, also provide opportunities for investments and economic growth, attracting new residents and businesses to the area.
Geography and Locale
ZIP code 78742 is located in Austin, Texas, within Travis County. It lies in the Central Time Zone and has distinctive geographic coordinates and elevation compared to the surrounding area.
Area and Location
The 78742 ZIP code is situated centrally in Texas, in the city of Austin. The specific geographical coordinates are approximately 30 degrees latitude and -98 degrees longitude.
This area enjoys an average elevation of 444 feet above sea level, contributing to its unique topography.
In terms of land area, 78742 is entirely within Travis County, covering a modest portion of the region. This location is notable for its proximity to nearby ZIP codes while offering relatively affordable housing compared to the rest of the region. The locale is primarily zoned for residential purposes, with a mix of housing options from different decades.
Community and Lifestyle
The 78742 neighborhood in Austin offers a mixed community experience with a variety of opportunities for families and educational institutions.
Family and Living
In 78742, many residents are married couples, contributing to a family-oriented atmosphere. The median household income is notably lower than the national average, making it an affordable option for many. Housing prices in this area are significantly lower, with the median house value at approximately $44,200. This makes it an attractive choice for those looking to purchase a home without the high costs typically associated with metropolitan living.
The neighborhood is racially diverse, providing a multi-cultural environment that can be enriching for residents. Different community events and local businesses enhance the area’s cultural landscape, making it a vibrant place to live for families and individuals alike.
Education and Schools
Education is a focal point in the 78742 community. Several schools serve the area, making it convenient for families with children. Schools in this ZIP code are supported by the local community, which takes pride in providing quality education opportunities.
For higher education, there are various colleges and graduate schools accessible within Austin. These institutions offer a variety of programs that cater to different interests and professional goals. The presence of these educational facilities adds to the neighborhood’s appeal, making it a suitable place for families who prioritize education.
Zip Code Specifics
Zip code 78742 in Austin, TX features unique demographic and economic characteristics. It stands out in classification, usage, resident age, and economic diversity.
Classification and Usage
Zip code 78742 is classified as a standard ZIP code used predominantly for residential purposes. It falls under Travis County and aligns with the USPS-preferred city name of Austin, TX 78742. The area primarily consists of homes built in the 1970s and 1980s.
Time Zone: Central
Latitude: 30 degrees (similar to Asyut, Egypt)
Longitude: -98 degrees
Average Elevation: 444 feet above sea level
Demographic Statistics
78742 has a median resident age of 26.2 years, significantly younger than the U.S. median of 38.1 years. The population in this ZIP code exhibits a youthful demographic, with areas marked in green to indicate younger median ages.
Median Home Value: $72,100, which is lower compared to both national standards and nearby ZIP codes.
Economic Diversity: This area offers affordable housing options in contrast to surrounding regions.
Neighborhoods under 78742 benefit from being part of a vibrant, young, and economically diverse community.
