ZIP 78731
Your Guide to Austin's Premier Neighborhood
Nestled in the heart of Austin, TX, ZIP code 78731 offers a unique blend of urban convenience and suburban tranquility. This area, located in Travis County, is well-known for its vibrant neighborhoods, excellent schools, and a wealth of amenities. The 78731 ZIP code encompasses a diverse population and a range of real estate options, from charming older homes to modern apartments, perfectly catering to various lifestyles and preferences.
Among the notable features of 78731 are its beautifully mapped-out residential areas and easy access to key Austin attractions. Residents enjoy a close-knit community with numerous parks, shopping centers, and dining options that provide both everyday conveniences and recreational opportunities. The area's demographic diversity and strong community infrastructure make it a desirable location for families, professionals, and retirees alike.
For those considering a move to Austin or looking to explore its diverse neighborhoods, 78731 stands out as a prime area due to its strategic location, high quality of life, and robust local services. From top-rated schools to thriving businesses, this ZIP code epitomizes the best of what Austin, TX has to offer.
More about ZIP 78731
Demographics
The ZIP code 78731, located in Austin, TX, is characterized by a diverse community with distinct demographic features. This section provides detailed insights into its population, household composition, income statistics, race and ethnicity, and age distribution.
Population and Density
ZIP code 78731 has a population of approximately 26,506 as of the latest data.
The area covers a slightly less than average land area compared to other ZIP codes in the United States.
The population density is higher than average, creating a bustling community environment with a blend of residential and commercial spaces.
Household Composition
There are around 15,036 housing units in ZIP code 78731, comprising both houses and condos.
Households total approximately 12,085, with 45% renter-occupied and 55% owner-occupied.
Family households make up a significant portion, with an average family size of 3.
Approximately 46% of the residents have lived in the same house for over five years, indicating a stable community.
Income Statistics
The median household income in ZIP code 78731 is notably higher than the national average, reflecting the affluence of the area.
Income levels vary, but there is a significant proportion of households earning over $100,000 annually.
Economic stability is attributed to a mix of professional and business services, contributing to the overall economic health of the community.
Race and Ethnicity
The population in ZIP code 78731 is primarily white.
Nevertheless, the community exhibits diversity with residents identifying as Hispanic, African American, Asian, and other races.
A harmonious blend of cultural backgrounds enriches the social fabric of the area, fostering a vibrant and inclusive community.
Age Distribution
The median age in ZIP code 78731 is 38 years, slightly higher than the national median.
The age distribution features a balanced mix of young professionals, families, and senior citizens.
This diversity in age groups supports a variety of services and activities catering to different stages of life, creating a dynamic community atmosphere.
Economic Overview
Zip code 78731 is characterized by a robust economic environment, with high employment rates, diverse income levels, and a competitive housing market. The education and workforce composition contribute significantly to the economic landscape.
Employment and Industries
Employment in 78731 is strong, with the area having a high labor force participation rate. Major industries include healthcare, professional services, technology, and education. Many residents work in managerial, professional, and related occupations. The presence of several businesses, both small and large, supports a diverse employment ecosystem.
Companies in the tech sector, along with various healthcare facilities, drive much of the local employment. The business-friendly environment attracts new enterprises, further bolstering job availability.
Income Levels
The median household income in zip code 78731 stands at $98,555. Households headed by individuals aged 45 to 64 exhibit the highest median income at $154,409. In contrast, those in the 15 to 24 age bracket have the lowest at $56,500.
Per capita income is also relatively high, reflecting the area's affluent nature. A modest segment of the population experiences lower income levels, indicative of economic diversity within the zip code.
Housing Market
The housing market in 78731 is competitive, with the median house value being a significant indicator. Property values are generally high, driven by demand and the desirability of the location. The majority of housing units are owner-occupied, reflecting a stable residential community.
Real estate in the area includes a mix of single-family homes, condos, and apartments, catering to various income levels. Investors find the 78731 housing market attractive due to its appreciating home values.
Education and Workforce
Educational attainment in 78731 is high, with many residents holding advanced degrees. A significant portion of the adult population has a bachelor's degree, master's degree, or professional degree.
The strong education system supports local businesses by providing a skilled workforce. This high level of educational attainment is vital in sustaining the area's economic growth and attracting high-paying industries.
The local schools, colleges, and universities play a crucial role in preparing the future workforce, contributing to the area's overall economic strength.
Education
The 78731 zip code in Austin, Texas, offers a robust education environment with notable public schools and a range of educational attainment levels among its residents.
Schools and Institutions
The area is served by three high-performing public schools. Doss Elementary and Highland Park Elementary provide solid foundational education from pre-K through 5th grade. These schools are part of the Austin Independent School District (AISD) and are recognized for their excellent academic performance.
Murchison Middle School serves students from 6th to 8th grade and is also part of AISD. These institutions offer strong academic programs and extracurricular activities, making them a preferred choice for families in the zip code.
Educational Attainment
Residents in the 78731 zip code show high educational attainment levels. A significant portion of the adult population holds a bachelor's degree or higher. Many also possess a graduate or professional degree, reflecting the community's value on advanced education.
Additionally, there is a good number of residents with some college or an associate’s degree, contributing to the area's diverse educational profile. The percentage of those holding a high school diploma or an equivalent remains essential in providing a skilled workforce for various local industries.
Residential Life
The 78731 ZIP code in Austin, Texas, offers diverse housing options and a strong sense of community. Key highlights include a variety of housing units and a blend of cultural influences.
Housing and Real Estate
In 78731, housing units range from apartments and townhouses to single-family homes. The median house value in this area is significant, reflecting its appeal. As of June 2024, homes in this ZIP code have a wide price range, from $187,000 to nearly $10 million, with an average price of around $1.4 million.
Rental properties are also common, with one-bedroom rentals typically costing between $750 and $999 per month. Two-bedroom rentals usually exceed $1,000 per month. Families in the area enjoy access to various types of housing to suit different family sizes and needs.
Community and Culture
The community in 78731 is known for its diversity and welcoming atmosphere. With Camp Mabry nearby, there is a military influence that adds to the area’s unique cultural dynamics. Residents benefit from a mix of ethnic and economic backgrounds, fostering a rich cultural tapestry.
The persons per household metric shows an average family size that supports active community involvement. Cultural events and community activities are frequent, promoting strong local ties. Overall, 78731 is a vibrant area that balances residential comfort with a sense of togetherness.
Geographic Profile
The 78731 ZIP Code, nestled in Austin, TX, offers a unique blend of urban and suburban landscapes. Understanding its geographic boundaries and key location metrics is essential for grasping the area's character.
Location and Boundaries
Located in the northwest region of Austin, TX, the 78731 ZIP Code encompasses a diverse landscape. It includes parts of both residential neighborhoods and commercial zones.
Prominent neighborhoods within this ZIP Code often feature tree-lined streets and rolling hills. The area is bordered by:
Loop 1 (MoPac Expressway) on the west
RM 2222 on the north
This location also sees easy access to nearby parks and recreational areas, such as the Bright Leaf Preserve. Proximity to downtown Austin, approximately 10 minutes by car, adds to its appeal.
Area Codes and Centroid
ZIP Code 78731 falls under the 512 area code, which serves much of Central Texas, including Austin. This area code pairs with the newer 737 overlay. These area codes are crucial for telecommunications and logistics within the region.
The centroid of 78731— the geographic center of this ZIP Code area— is positioned approximately at 30.3364° N latitude and -97.7638° W longitude. This pinpoint helps in accurately mapping and navigating the zone.
The ZIP Code spans an area that falls in the Central Time Zone (CST), facilitating time-based coordination with the rest of Austin and surrounding regions.
Statistical Data and Resources
The 78731 zip code in Austin, TX, is an area rich with demographic and economic data that helps in understanding its characteristics and trends. This section provides an in-depth look at relevant surveys and the databases available for this area.
Surveys and Reports
The American Community Survey (ACS) is a key resource providing detailed socio-economic and demographic statistics for zip code 78731. ACS data includes mean household income, adjusted gross income, educational attainment, and more.
The area’s average adjusted gross income is indicative of high-income households residing in 78731. Employment reports show diverse occupations, contributing to enhanced economic stability. Gender statistics and information on Native American populations contribute to the profile of diversity within this area.
Moreover, housing studies indicate a projected housing shortage by 2030, emphasizing the need for new residential developments. These surveys are indispensable for urban planners and policy makers aiming to address community needs.
Zip Code Database
Databases like City-Data.com and HomeTownLocator provide extensive basic data. They offer an array of statistics spanning population, income levels, and housing among others. Users can download zip code maps that outline geographical boundaries and significant landmarks.
These databases categorize information by digits of the zip code, facilitating easy access. Economic indicators such as average household income and adjusted gross income provide insights into the area’s financial health. They also include specifics on population demographics, employment rates, and other pertinent data.
Utilizing these resources, stakeholders can make informed decisions regarding residential planning, community services, and economic initiatives. This rich trove of data forms the backbone of demographic research and urban development in zip code 78731.
