ZIP 78724
Exploring Austin's Growing Neighborhood
Nestled within the vibrant city of Austin, Texas, ZIP code 78724 covers a diverse area in Travis County. Characterized by a blend of residential neighborhoods and local amenities, this ZIP code has a thriving community of over 41,000 residents. Houses in this area, primarily built in the 2000s, offer a mix of homeownership and rental opportunities, making it a sought-after location for many.
This part of Austin boasts essential facilities including schools, small businesses, and recreational areas, contributing to a robust daily life for its inhabitants. The median home value in this ZIP code stands out, presenting an attractive investment for prospective homeowners.
With a land area of nearly 25 square miles, 78724 presents a dynamic and growing neighborhood. The population, recorded at nearly 30,000 people according to the 2020 U.S. Census, emphasizes the expanding nature of this ZIP code, making it an important part of Austin's overall growth.
More about ZIP 78724
Geographic Overview
ZIP code 78724 is located in Travis County, within the city of Austin, Texas. This region encompasses significant land and water areas, shaping its physical and metropolitan characteristics.
City and State Context
ZIP code 78724 lies within Austin, the capital city of Texas. Austin is known for its vibrant culture, technological innovation, and as the center of the Texas state government.
This ZIP code falls in Travis County, which is part of the Austin-Round Rock metropolitan area. The ZIP's proximity to major highways ensures access to downtown Austin and other parts of the metropolitan area. Notable nearby ZIP codes include 78721, 78725, and 78753, contributing to a diverse urban landscape.
Physical Geography
ZIP code 78724 covers a land area of approximately 24.941 square miles. The area includes both land and water features, with the land area being the most prominent.
The ZIP code is located near significant geographical features such as rivers and creeks. Presence of these water bodies, like Decker Creek, adds to the region's physical landscape. Additionally, the area includes various parks and green spaces, offering recreational opportunities for residents. Traffic flow within this ZIP code is influenced by its geographic layout and proximity to major roadways like State Highway 130, facilitating ease of transportation.
Travis County's topography and the presence of the Colorado River nearby also shape the environment of ZIP code 78724.
Demographics and Population
ZIP code 78724, located in the eastern part of Austin, Texas, presents a diverse array of demographic and population characteristics. This section focuses on the population statistics, age distribution, and racial and ethnic composition within this area, providing a clear and detailed overview.
Population Statistics
The population of ZIP code 78724 has seen significant growth in recent years. According to the U.S. Census 2020 data, the population is approximately 29,680 people living in 8,338 households. ZIP-Codes.com estimates that the current population has increased to 41,525 individuals.
The area covers 24.941 square miles with an average population density that is slightly below the national average. The average household size is about 3.55, which indicates a mix of small and moderately sized families.
Age Distribution
The median age in ZIP code 78724 reflects a relatively youthful population. The majority of residents are between the ages of 20 and 39, indicating a substantial young adult and working-age population. Families with children are common, with a significant proportion of the population under the age of 18.
Older adults, those over 65, make up a smaller segment of the demographic, suggesting that the area is more vibrant with younger individuals and families. This distribution can impact local services, educational needs, and community programs.
Ethnic and Racial Composition
The racial and ethnic composition of 78724 is diverse. The area has a significant Hispanic population, which accounts for a large portion of the residents. White individuals also form a considerable segment, followed by Black and Asian communities.
Hispanic and Latino residents contribute substantially to the cultural and social fabric of the area. The diverse racial groups often influence local businesses, cultural events, and community activities, enriching the local culture.
The ethnic variety can also be seen in the various cultural festivals and community events held throughout the year, reflecting the rich tapestry of this ZIP code’s demographics.
Economic Insights
Zip code 78724 in Austin, TX, presents a mixed economic picture with areas of growth and challenges. The region has notable employment metrics, income levels, and housing facts that are essential for understanding its economic climate.
Income Metrics
Income levels in 78724 show a range of economic standings among residents. The median household income in this area is modest compared to other parts of Austin, reflecting the diverse economic backgrounds.
Tables comparing average income and per capita income across different demographics may highlight disparities. Emphasis on high income households versus lower-income segments illustrates the economic stratification.
Income for different occupations and how it affects overall living standards should also be noted, with special attention to sectors that have the highest adjusted gross incomes.
Employment and Occupations
Employment in 78724 is marked by a 5.1% unemployment rate, which is below the national average. This indicates a relatively healthy job market despite a -3.3% decrease over the past year.
Prominent occupations include roles in technology, healthcare, and education. Job availability in these sectors affects household income and overall economic stability.
The growth in tech jobs is consistent with Austin’s reputation as a tech hub, contributing significantly to the per capita income and adjustments in the local economy. Tracking employment distribution helps understand economic dynamics better.
Housing and Living Standards
Housing in 78724 faces challenges due to forecasted population growth. By 2025, the population is expected to rise by 21.9%, leading to increased demand for housing with projections indicating a deficit of 1,861 houses by 2030.
Both the cost of housing and living standards are influential factors for residents. Housing market trends show increasing home prices, which could impact both new and current residents.
The presence of Green spaces, amenities, and infrastructure quality contributes to the living standards, making the area attractive despite some economic hurdles. Analyzing these factors provides a comprehensive view of the economic environment in 78724.
Education and Institutions
Education and community services in ZIP code 78724 are diverse, with a mix of public schools, specialized educational institutions, and community centers that support the residents.
Educational Attainment
In ZIP code 78724, educational attainment varies widely. A significant number of residents hold a high school diploma or less. On the other hand, a smaller portion of the population possesses a bachelor's degree or higher qualifications, such as professional or master's degrees.
Many community programs aim to enhance educational opportunities, addressing the needs of those with less than a high school diploma and those pursuing some college education.
Schools and Colleges
There are several public schools serving the 78724 area, including elementary, middle, and high schools. Notable institutions include:
KIPP Austin Academy Of Arts & Letters (Grades 5-8)
KIPP Austin Collegiate
Magnolia Montessori For All
These schools focus on both academic achievement and personal growth. Additionally, the area hosts charter schools, providing alternative education options to the traditional public school system.
Public and Community Services
Community services in ZIP code 78724 play a critical role. Public libraries, such as the Austin Public Library branches, offer educational resources and programs.
The Austin / Travis County Emergency Medical Service ensures health safety, while Austin Fire Department Station 26 provides fire safety education. Various churches like Decker United Methodist Church also offer community-based educational programs and support services.
Local organizations strive to enhance the educational environment and ensure that residents of all ages have access to comprehensive educational resources and support.
Lifestyle and Recreation
The ZIP code 78724 in Austin, Texas offers a diverse range of activities and cultural experiences. This area balances outdoor pursuits with vibrant entertainment options, reflecting the diverse lifestyles of its residents.
Outdoor Activities and Parks
Residents can enjoy multiple parks and recreational spaces. Walnut Creek Metropolitan Park is a popular choice with hiking and biking trails. Additionally, the Colorado River offers kayaking and fishing activities. Playgrounds and picnic areas provide family-friendly environments. For sports enthusiasts, there are ample facilities for tennis, basketball, and soccer. These amenities promote active living and cater to various age groups and interests.
Cultural and Entertainment Options
Entertainment in 78724 includes a mix of local theaters, music venues, and galleries. The proximity to downtown Austin enhances access to larger events and festivals. Local eateries and cafes offer diverse dining experiences. Community centers often host cultural events and educational programs. This blend of activities supports a vibrant social life and encourages community engagement.
Diversity of Life
The neighborhood is known for its ethnic and cultural diversity. Festivals celebrating different heritages are common, reflecting the area’s multicultural fabric. This diversity contributes to a welcoming and inclusive community atmosphere. Various cultural organizations and support groups provide resources for residents. Access to different lifestyles and perspectives enriches community life, fostering a sense of unity and understanding among its residents.
Logistics and Administration
In ZIP code 78724, logistics and administration encompass postal services, addressing, local government, and infrastructure management. These elements ensure smooth operations for residents and businesses.
Postal Services and Addressing
The primary postal code for this area is 78724. The U.S. Postal Service manages mail delivery, ensuring that correspondence reaches its destinations efficiently.
Addresses within 78724 must include the postal code to avoid delays. FIPS code identification helps in further refining address details.
Stamp allocation and accurate zoning assist in timely postal services. Facilities like local post offices play an essential role in maintaining mail flow and processing.
Local Government and Infrastructure
ZIP code 78724 falls under the jurisdiction of Travis County. Local government oversees infrastructure development, such as road construction and maintenance, ensuring connectivity.
The area is in the Central Time Zone of the United States. Public amenities include the Decker Creek Power Plant and facilities managed by the Austin Fire Department and Emergency Medical Services.
Community services are supported by churches and other communal institutions within the ZIP code.
Development and Growth
The ZIP code 78724, located in Austin, TX, has experienced notable development and growth over the past few years. As reported by various demographic sources, the area has seen an increasing population which presently stands at approximately 28,331.
Population growth in 78724 has been spurred by a combination of residential development and an influx of new businesses. This has led to increased employment opportunities and a rise in household incomes.
Key Metrics:
Population: 28,331
Median Age: Estimate available in demographic data
Households: Number of households expanding with new housing projects
Employment: Rise in employment rates due to business growth
The American Community Survey data contributes to a deeper understanding of demographic shifts by providing detailed statistics on income, race, and educational attainment. This data reveals that 78724 comprises a diverse and dynamic community that contributes to Austin's overall vibrancy.
New housing developments are a significant factor driving this growth. Affordable housing projects targeted at both single-family homes and multifamily units are altering the landscape, attracting a more varied demographic.
78724's proximity to other developing ZIP codes in the Austin area, such as 78723 and 78725, also plays a role. These areas collectively foster a synergy that promotes economic and social growth.
Developments Impact:
Real Estate: Increase in property values and rental prices
Education: Expansion of local schools and educational facilities
Community Services: Enhanced infrastructure and public services
With continued investment in infrastructure and community facilities, 78724 is expected to maintain its upward trajectory. This makes it an attractive locale for both residents and businesses looking to leverage Austin's growing economy.
