78701 is a prosperous, upper-middle-class neighborhood in Austin with a competitive housing market.
Population
11,114
Income Rank
Top 81%
$155K
Median Income
vs national
$654K
Home Value
vs national
$2,732
Monthly Rent
vs national
41.5 yrs
Median Age
Key metrics versus national medians
National median: $80,610
National median: $311,500
National median: $1,314
National median: 34.8%
How household incomes are distributed across brackets
This chart shows the percentage of households in each income bracket. The highlighted bar represents the bracket containing the median household income of $154,867.
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Household earnings and economic conditions
$154,867
Median Household Income
$137,841
Per Capita Income
1.4%
Unemployment Rate
Residents of 78701 earn a median household income of $154,867 per year. This is 92% higher than the national median of $80,610, placing this zip code among the top earners in the country. The per capita income of $137,841 provides insight into individual earning power.
Real estate market and rental conditions in Austin
*Estimated at 7% APR, 30-year fixed
How affordable is it to live here?
How is this calculated?
Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.
Strong income-to-cost ratio makes this area financially accessible for most households.
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Population breakdown by age and gender
This population pyramid shows the distribution of residents by age group and gender. The median age in 78701 is 41.5 years, which is older than the national median of 39 years.
Age, diversity, and population breakdown
11,114
Total Population
41.5
Median Age
50%
College Educated
7,319
Households
78701 has a population of 11,114 residents in approximately 7,319 households. The median age of 41.5 years is older than the national median of 39 years. With 50% of residents holding bachelor's degrees or higher, this is a highly educated community.
Racial and ethnic composition of the community
Diversity Index
42
Moderate
0 = Single race, 100 = Perfect diversity
Hispanic/Latino Population
16.9%
Note: Hispanic/Latino is an ethnicity, counted separately from race
Racial Composition
The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 42, this community has moderate diversity.
Educational attainment of adults 25 and older
College Educated (Bachelor's+)
81.5%
National average: 34.8%
High School or Higher
96.4%
National average: 88.6%
Education Breakdown
Educational attainment data shows the highest level of education completed by residents 25 years and older. With 50.4% holding a bachelor's degree or higher, this area exceeds the national average.
Community personality and lifestyle analysis
Located in Austin, the 78701 area is best described as a affluent professional community.
Residents here enjoy significantly above-average household earnings.
Established families and mid-career professionals call this area home.
Educational attainment is well above average, with many college graduates.
A typical 78701 resident is a established adult in their early 40s, renter with manageable housing costs, working in professional or executive career with advanced education.
Lifestyle
Career-focused with emphasis on quality amenities and good schools
Common questions about 78701 Austin, TX
The median household income in 78701 (Austin, TX) is $154,867, which is 92% higher than the national median of $80,610.
The median home value in 78701 is $653,600. A 20% down payment would be $130,720, with an estimated monthly mortgage of $3,660 at current rates.
The median monthly rent in 78701 is $2,732, totaling $32,784 annually. This represents 21% of the median household income.
78701 in Austin, Texas is a prosperous, upper-middle-class neighborhood with a median age of 41.5 years. With 50% college graduates, it's a highly educated community.
The unemployment rate in 78701 is 1.4%, lower than the national rate of 4.8%. This means 98.6% of the labor force is employed.
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