Interested in purchasing investment houses in the 78724 zip code in Austin, TX?
The zip code 78724 is in Travis county with a latitude of -97.614150000000 and longitude of 30.294400000000, is in the state of Texas. The average asking price of houses and condos is $130,909.00 and the average sale price was $118,000.00. this regions is classified as the Austin metro area and consists of the following area codes: 512 and 737. The location in degrees is 30° 17' 39.84" N, 97° 36' 50.94" W. The county F.I.P.S. is 48453. This zip code contains two cities including Austin, TX (58.79%), and Hornsby Bend, TX (2.35%) The total land area is 24.7 square miles and the water area is 2.0 square miles. The elevation in this area is 515 - 643 feet. The zip code is on central standard time and observes daylight savings time.
The zip 78724 is in county number 453 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 26,003 in 2019 and 21,696 in 2010. Of this, the break down in 2019 was 23,218 urban and 2,784 rural. This further breaks down to 13,525 males (52.0%) and 12,477 females (48.0%). The median age of residents is 30.1 years. The population of the greater Austin-Round Rock, TX area is 1,765,393. The population density (people per square mile) is 1,052. This zip code has a combined total of 7,258 houses and condos. There are 2,401 rented appartments. 35% of residents rent versus the 35% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $30,320 and the average salary is $29,076. The median household income of individuals is $44,414.00 and the average is $38,620.00. This zip code has a mean commute time to work of 29.2 minutes. The unemployment rate is 5.2%. Income earners by percent breakdown as 55.00% (Under $50,000), 36.70% ($50,000-$100,000), and 8.20% earn over $100,000. 21.5% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 92.7. The educational breakdown is 65.4% have a high school education or higher, 15.7% have a bachelor's degree or higher, and 5.5% have some kind of profesional degree.
This area has 5,630 households and the average size is 3.6 people. Individuals who are single and have never been married are 39.8%, 43.2% are now married, 3.0% are separated, 2.4% are widowed, and 11.7% are divorced. The average yearly contribution amount given by people to charity was $3,462 versus the state average of $6,808. The percent of residents who gave to charity was 7.1%.
The estimated median value of houses and condos is $162,987. The median monthly owner costs of mortgage holders was $1,353, where as the costs for those who don't have a mortgage are $631. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,838. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,390. The median housing property tax percent for residents with mortgages was 1.4% which amounted to an average tax amount of $2,849. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $914. Reported taxable interest for persons was $570, dividends $3,452, capital gains +$5,556, and itemized deductions $15,866. The average earned income tax credit is $2,814. The percent of individuals that use a tax preparer is 45.1%. The total average income taxes paid by individuals was $4,445. Businesses reported an average profit of $10,136.
Jacoby's
3235 E Cesar Chavez St, Austin, TX 78702 (5.1 miles away)
Pok -E-Jo's Smokehouse
Austin, TX 78751 (5.1 miles away)
French Quarter Grille
13000 N Interstate 35, Austin, TX 78753 (5.4 miles away)
Frazier's Long and Low
2538 Elmont Dr, Austin, TX 78741 (6.7 miles away)
Maggiano's Little Italy
10910 Domain Dr, Austin, TX 78758 (6.9 miles away)
Chokdee Thai Cuisine
11300 Us Hwy 290-East Lexington & Hwy 290, Manor, TX 78653 (7.1 miles away)