ZIP 78727
A Comprehensive Guide to Living and Amenities
Zip Code 78727, located in the vibrant city of Austin, Texas, is a bustling and diverse area that offers a rich blend of residential and commercial opportunities. Covering about 7.769 square miles primarily in Travis County, this ZIP code hosts a population of approximately 29,928 people across 13,323 households. This dynamic community is not only an attractive place to live but also a hub of convenience with easy access to nearby amenities and city attractions.
Real estate in 78727 caters to various needs, with rentals commonly featuring two-bedroom apartments priced at over $1,000 per month, utilities included. There are also more budget-friendly options, such as one-bedroom units available for $750-$999 per month. These housing options make the area appealing for both singles and families looking for a comfortable place to call home in Austin.
On the market, potential buyers can explore a variety of homes, with at least 84 properties currently listed for sale. Whether you're searching for an apartment, townhouse, or single-family home, 78727 provides plenty of real estate possibilities to explore. The community’s blend of affordability, convenience, and diversity makes it a noteworthy area for prospective residents and investors alike.
More about ZIP 78727
Overview of Zip 78727
Zip code 78727 in Austin, Texas spans parts of Travis and Williamson Counties. This area features a mix of residential, commercial, and educational spaces, with notable demographic and economic attributes.
Geographic Location and Classification
Zip code 78727 is situated in the northern part of Austin, Texas. It covers approximately 7.769 square miles of land area. The zip code intersects Travis County predominantly, though parts extend into Williamson County. This zip code area seamlessly integrates into the diverse urban and suburban fabric of Central Texas, benefiting from Austin's central placement in the state. The area is serviced by the Austin area codes, ensuring robust connectivity for both residents and businesses.
Demographic Profile
According to the 2020 U.S. Census, zip code 78727 encompasses 29,928 people spread across 13,323 households. This region demonstrates a balanced population density, indicative of a well-distributed residential area. The community is diverse, housing individuals from various age groups, backgrounds, and professions. Such demographic mix enriches the cultural and social environment of the zip code area. Public amenities, educational institutions, and healthcare facilities are adequately distributed, supporting community welfare.
Economic Indicators
78727 showcases a stable economic landscape characterized by varied real estate options and rental prices. The region is home to a number of businesses and commercial entities, reflecting a thriving local economy. Austin's reputation as a tech hub extends into this zip code, contributing to job opportunities and economic growth. Housing in 78727 includes a mix of homes and apartments, catering to different income levels. The area also benefits from the larger economic activities of Travis and Williamson Counties, providing residents with access to employment, markets, and essential services.
Population and Households
ZIP code 78727 in Austin, TX, is home to a diverse population spread across various age groups and household compositions. Examining the demographics reveals key insights into the community makeup, including gender distribution and types of households.
Population by Gender and Age
The total population of ZIP code 78727 is approximately 30,601 people. This population is almost evenly split between males and females, providing a balanced demographic profile.
The median age in this area is indicative of a relatively young population, with many residents in their mid-30s. A significant portion of the population consists of working-age adults, followed by children and teenagers, highlighting the family-centric nature of the community.
Residents aged 25-44 constitute the largest age group, which aligns with the area's appeal to young professionals and growing families.
Household Composition
There are around 7,447 households in ZIP code 78727. The average household size here is approximately 2.5 persons, suggesting a mix of single-person and small families.
Family households make up a large portion of the community, with common family sizes being two and three persons. About 40% of residents have lived in the same house for over five years, reflecting a stable neighborhood with a strong sense of community.
Most homes were built during the 1980s and 1990s, catering to both renters and homeowners, with a slight majority of households renting their homes. This variety in household types and living arrangements showcases the diverse living preferences within the community.
Income and Employment
Income and employment in the 78727 zip code reveal fascinating insights into the economic landscape. This area has a blend of various income brackets and distinctive employment trends influenced by the local job market.
Income Distribution
Income distribution in 78727 showcases a diverse economic profile. The median household income stands at $69,570, which is relatively high compared to national figures. Many households fall within the $50,000 to $100,000 range, indicating a stable middle-class population.
High-income households earning over $100,000 also form a significant portion. Meanwhile, a smaller percentage of households earn less than $25,000 annually. This distribution highlights a mix of both affluent and lower-income residents, reflecting a varied economic environment.
Employment Statistics
The employment rate in 78727 is robust, with a substantial portion of the population actively engaged in the workforce. Many residents are employed in sectors such as technology, education, healthcare, and retail. The area's proximity to tech hubs in Austin boosts employment opportunities, especially for roles in software development and IT support.
Employment growth has been steady, supported by the region's economic vitality. Job stability is notable, benefiting from both local businesses and large corporations.
Job Market and Occupations
The job market in 78727 is diverse, with a notable presence in technology-related occupations. The zip code's residents work in various sectors: software development, education, healthcare, finance, and retail. This variety helps spread economic risk and provides numerous job options for individuals living in the area.
Additionally, the growth of tech companies in Austin has created more job opportunities in this zip code. Professional roles in engineering, administrative support, and customer service are also well-represented, showcasing a balanced occupational spread.
Unemployment Rates
The unemployment rate in 78727 traditionally remains lower than national averages. This favorable rate reflects the strong economic prospects in the area, partly due to the thriving tech industry and educational institutions.
An active job market ensures that even during economic fluctuations, there are employment opportunities available. The labor force participation rate is high, indicating that most working-age residents are either employed or seeking employment actively. This dynamic contributes to the area's overall economic health.
Education and Ethnicity
The 78727 ZIP code is distinguished by a diverse ethnic composition and notable educational attainment levels among its residents.
Educational Attainment
The residents of 78727 demonstrate a broad spectrum of educational qualifications. A significant percentage of the population holds at least a high school diploma or equivalent. Higher education achievements are also prominent. Many individuals possess Bachelor's Degrees, professional degrees, and graduate degrees.
Educational Level Percentage (%) High School Diploma or Higher 91.2% Bachelor's Degree 45.3% Graduate/Professional Degree 19.8%
These statistics reflect a community that places a high value on education, contributing to a well-educated workforce and vibrant local economy.
Race and Ethnicity Distribution
The ethnic makeup of the 78727 ZIP code is notably diverse. Whites make up a significant portion of the population, yet a substantial representation of Hispanic residents highlights the area’s cultural richness. Other ethnic groups, including African American and Native American residents, also contribute to the area's diversity.
Ethnicity Percentage (%) White 52.7% Hispanic 26.4% African American 11.5% Native American 0.8%
This diversity is reflective of broader national trends and enriches the cultural fabric of the community, fostering an inclusive environment for all residents.
Housing and Living Environment
Residents in the 78727 zip code benefit from a variety of housing options and a robust real estate market. This area in Austin, TX, offers potential homeowners and renters multiple choices tailored to diverse preferences and budgets.
Housing Units and Types
The 78727 area features a mix of single-family homes, apartments, and townhouses. Single-family homes are particularly prevalent, with many properties offering spacious yards and multiple bedrooms, catering to families and individuals seeking more space.
Apartments and townhouses are also available, offering flexibility and urban amenities. The average household size in this zip code typically ranges from 2 to 3 people, reflecting a balanced mix of individual residents and small families.
The community layout includes several residential neighborhoods, each with its distinct characteristics, ensuring a broad appeal to various demographics.
Real Estate Market
The real estate market in the 78727 zip code is characterized by a healthy mix of properties with varying price points. Median house values in this area are moderate, making it accessible to a wide range of buyers. Rental properties are also in demand, with competitive rental prices reflecting the value of local amenities and the desirability of the area.
The market sees steady activity, driven by the area's proximity to business districts and quality schools. Potential buyers and renters are drawn to the well-maintained homes and community-focused environment, making 78727 a sought-after location for residents seeking a balanced and fulfilling living environment.
Business and Economy
ZIP code 78727, located primarily in Travis County and partially in Williamson County, benefits from a diverse business landscape and stable economic indicators. This area features a high per capita income and attractive rental prices, making it a favorable environment for both businesses and residents.
Local Business Landscape
In ZIP code 78727, the local business landscape primarily features small to medium-sized enterprises, catering to the needs of a diverse population. Notable sectors include retail, technology, and services such as healthcare and education.
Several tech companies have offices in the area, leveraging its proximity to Austin's tech hubs. Retail establishments are common, with shopping centers hosting various national and local retailers. The presence of educational institutions and healthcare facilities further supports economic stability.
Income and Spending Patterns
Residents of ZIP code 78727 enjoy a relatively high per capita income, reflecting the area's economic health. According to recent data, the household incomes are diverse, with many families enjoying a comfortable standard of living.
Per capita income combines with moderate rental prices to facilitate spending on leisure and retail, driving local economic activities. Economic indicators, such as a low unemployment rate of 4.2% and a poverty rate of 5.8%, highlight a generally prosperous community. The stable income and spending patterns contribute to a vibrant local economy.
