ZIP 78704
A Comprehensive Guide to Austin's Vibrant Neighborhood
In the heart of Austin, Texas, ZIP Code 78704 stands out for its unique blend of culture, convenience, and vibrant community life. This area is known for its high population density and predominantly young adult demographic, making it a bustling and energetic part of the city. With a slightly smaller land area compared to other ZIP codes, 78704 manages to pack in a lot of amenities and attractions without feeling overcrowded.
The demographic profile of 78704 reveals a primarily white population with a notable presence of individuals in their late 20s to early 40s. This youthful and dynamic segment contributes to the ZIP code's lively atmosphere. Adding to its appeal, 78704 is served by three school districts and houses 18 public and three private schools, providing ample educational opportunities for families residing in the area.
Residents and visitors alike can enjoy the proximity to six universities and colleges, ensuring a continuous influx of fresh ideas and cultural enrichment. Whether you're looking for a place with a strong sense of community or seeking convenient access to educational institutions, ZIP Code 78704 in Austin, TX, offers a compelling blend of both.
More about ZIP 78704
Demographics and Population
The ZIP code 78704 in Austin, TX, exhibits a vibrant mix of population characteristics, household dynamics, and diverse ethnic composition. This detailed exploration will present key statistics and demographics.
Population Overview
ZIP code 78704 has a total population of approximately 50,250. The area is densely populated, with a significant number of residents per square mile. The median age of residents is around 34 years, highlighting a relatively young community.
Population distribution shows a mix of age groups, with a considerable proportion of young adults and a growing number of families with children. The area also features a balanced gender ratio.
Household Dynamics
78704 encompasses a total of 23,000 households. The average household size in the area is 2.2 individuals, reflecting a combination of single-person households and small families.
About 40% of these households are family units, with married couples and single-parent families forming a substantial part. This community structure influences local services and amenities, catering to both single professionals and families.
Ethnic Composition
78704 is notably diverse in terms of ethnicity. The largest ethnic group is White, followed by a significant Hispanic population. Other ethnic groups include Asian, Black or African American, American Indian and Alaska Native, Native Hawaiian and Other Pacific Islander, and individuals identifying as two or more races.
The diversity presents a blend of cultural influences, contributing to the area's rich cultural landscape and varied social fabric. The representation of various races highlights the inclusive nature of the community.
Economic Indicators
The area with zip code 78704, a vibrant neighborhood in Austin, TX, showcases various economic indicators that reflect its dynamic community. Key indicators include income statistics, housing market insights, and employment and education levels.
Income Statistics
78704 boasts a diverse economic landscape with median household income reflecting a comfortable standard of living. The median household income in this area is approximately $75,000, which is above the national average. Additionally, the average adjusted gross income (AGI) indicates a higher earning potential among residents, often surpassing $80,000.
A significant portion of households earns between $50,000 and $100,000. Moreover, a smaller percentage of households earn over $150,000, showcasing economic diversity. These figures highlight the economic stability and prosperity prevalent in this region.
Housing Market Insights
The housing market in 78704 is competitive, with an array of options for both renters and homeowners. The median house value in this neighborhood is around $550,000, indicating a high demand for real estate. This value is reflective of the desirable location and amenities offered.
Rental prices are also on the higher side, with two-bedroom apartments averaging at $1,890 per month, which is noticeably above the national average of $1,430. The total housing units in the area account for a mix of both rented and owned properties, with many opting to invest in ownership due to the increasing property values.
Employment and Education
78704 has a robust employment rate with numerous residents holding professional positions. The employment rate is high, supported by the local economy's diverse sectors, including tech, retail, and services. Many residents have a bachelor's degree or higher, contributing to the skilled workforce.
Educational attainment is noteworthy, with a significant percentage holding professional degrees or at least a high school diploma. This level of education among residents fuels the local economy, ensuring a steady influx of skilled professionals into the job market, enhancing the area's economic strength and resilience.
Local Geography
ZIP code 78704 in Austin, TX, is known for its diverse neighborhoods and unique geographic characteristics. Located within Travis County, it offers a mix of urban and residential atmospheres that make it a vibrant area to live in.
Neighborhoods Within 78704
The area features some of Austin's most well-known neighborhoods, including Travis Heights, Zilker, Barton Hills, and South Lamar. Travis Heights is characterized by its historic homes and tree-lined streets. Zilker is famous for its proximity to Zilker Park and the annual Austin City Limits Music Festival. Barton Hills provides access to the Barton Creek Greenbelt and its lush hiking trails. South Lamar is a bustling corridor with a variety of shops, restaurants, and entertainment venues.
Area Profile
78704 covers a land area that includes both densely populated urban zones and serene residential streets. It is bordered to the north by the Colorado River and extends southward to Ben White Boulevard. The area is entirely within Travis County and falls under the Metro Austin region. Public amenities include several parks, recreational areas, and schools. The region's geography features a mix of flatlands and mild elevations, contributing to its scenic.views and outdoor recreational opportunities.
Residents can enjoy numerous outdoor activities thanks to the proximity to natural features like Lady Bird Lake and the Barton Creek Greenbelt, which offers trails and green spaces ideal for hiking and biking.
Community and Lifestyle
The community of ZIP code 78704 in Austin, Texas, is vibrant, diverse, and family-friendly. Significant cultural diversity and a strong emphasis on family and education characterize life in this area.
Cultural Diversity
ZIP code 78704 stands out for its cultural diversity, which significantly enriches the community atmosphere. Residents come from various ethnic backgrounds, creating a melting pot of traditions and customs.
Events and festivals celebrating different cultures are common, contributing to the area's lively vibe. The mix of people brings diverse cuisines, artistic expressions, and languages, making 78704 a culturally dynamic place.
Local businesses often reflect this diversity, offering a range of products and services that cater to different cultural needs. This variety fosters a sense of inclusivity and acceptance among the residents.
Family and Education
Families find 78704 particularly appealing due to its emphasis on child-friendly amenities and educational opportunities. The ZIP code ranks well in terms of educational resources, with public schools receiving high marks.
Many parks and recreational areas provide safe and engaging spaces for children. Moreover, community events often focus on family-oriented activities, creating a welcoming environment for families with young children.
Access to quality education is a significant draw, with schools in the area known for their supportive learning environments. The community also benefits from various after-school programs and extracurricular activities, enhancing children's development.
Overall, 78704 offers a nurturing environment for families, blending strong educational resources with numerous family-friendly amenities.
Public Services and Amenities
Residents in ZIP code 78704 have access to various public services and amenities that enhance the quality of life in the area. These include diverse educational facilities and convenient postal and communication services.
Education Facilities
ZIP code 78704 offers a range of educational opportunities for its residents. Families have access to both public and private options. The local schools maintain high standards, with many residents holding a bachelor's degree or higher.
Elementary and middle schools in the area have substantial enrollments, with private schools reporting 526 students in grades 1 to 8. This diverse educational environment ensures that children receive a well-rounded education.
For higher education, the proximity to Austin's numerous colleges and universities provides residents with opportunities to pursue professional and advanced degrees. This focus on education fosters a community of well-informed and skilled professionals.
Postal and Communication Services
The 78704 area is well-served by postal and communication services, ensuring that residents stay connected and receive essential mail and packages. The local post office, located at AUSTIN, TX 78704-9998, offers various services including lot parking and self-service kiosks.
Residents can contact the post office via phone at 512-441-6603 or access services through the TTY line at 512-441-4853. These facilities are designed to be accessible, providing convenience and efficiency for the community.
Reliable communication services, including postal, phone, and internet options, play a crucial role in maintaining the area's connectivity and ensuring that all residents' needs are met promptly.
Statistical Data Sources
When examining ZIP code 78704, access to census data is essential for obtaining demographic, income, and housing statistics.
The Census Bureau provides comprehensive reports on the population. For 2022, the American Community Survey (ACS) highlights that ZIP code 78704 has an estimated population of 50,250 within its 8.8 square miles.
Demographics are also a significant aspect to consider. Data collected illustrates not only population density but also age distribution, race, ethnicity, and average household size.
Income statistics are readily available and crucial for understanding economic conditions. According to the most current census income data, the median household income in 78704 can be compared with neighboring ZIP codes, cities, and counties for a broader perspective.
When analyzing housing data, sources like City-Data.com cite that homes in 78704 were primarily built in the 1970s, with a median home value of $347,500, which is higher than the national average.
In addition to Census Bureau resources, residents and researchers can also utilize specialized data tools like Cubit's data expertise for marketing or business purposes within adjacent regions.
The demographic and income data provided by these sources create a robust profile for ZIP code 78704, facilitating better understanding and planning for anyone interested in the area.
