| ZIP Code | 78723 |
|---|---|
| City | Austin |
| State | Texas (TX) |
| County | Travis County |
| Area Code | 512/737 |
| Elevation | 582 ft |
| Latitude | 30.304238 |
|---|---|
| Longitude | -97.68575 |
| Timezone | Chicago (DST) |
| FIPS | 48453 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.5 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.24 |
| Below Poverty | 12.6% ▲ 26% above avg |
| College Grads | 63.7% ▲ 64% above avg |
| Unemployment | 5.0% ≈ Avg |
| No HS Diploma | 657 (2.6%) |
| HS Graduate | 3,186 (12.8%) |
| Some College | 2,275 (9.1%) |
| Associates | 2,943 (11.8%) |
| Bachelors | 1,311 (5.3%) |
| Graduate Degree | 14,552 (58.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $87,978 ▲ 15% above avg ↑ 49% since 2019 |
|---|---|
| Median Home Value | $513,500 ▲ 84% above avg ↑ 52% since 2019 |
| Home/Income Ratio | 5.8x (nat avg ~3.5x) |
| Median Rent | $1,478/mo ↑ 33% since 2019 |
| Total Units | 17,065 |
| Vacant Units | 981 |
| Avg HH Size | 2.24 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 17,065 |
|---|---|
| Vacant | 981 |
| Owner Occupied | 49.8% |
| Renter Occupied | 50.2% |
| Avg HH Size | 2.24 |
ZIP code 78723 is located in Austin, Texas, within Travis County. With a population of 36,307, this is a highly populated ZIP code with a relatively young community — the median age is 35.5 years. Economically, 78723 is a middle-income ZIP code: the median household income of $87,978 is above the national average.
Real estate in ZIP code 78723 represents a premium housing market. The median home value of $513,500 is significantly above the national average. Renters can expect to pay around $1,478 per month in median rent. The area has a relatively balanced mix of owners (49.8%) and renters (50.2%). Median home values have increased by 52% since 2019.
The population of 78723 is racially diverse, with White as the largest group at 44.3%. Residents are highly educated — 63.7% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects some residents at 12.6%. Household income has grown by 49% since 2019.
The unemployment rate in 78723 stands at 5.0%, which is near the national average. A notably high share of workers — 27% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 61%.
Overall, ZIP code 78723 in Austin, TX is characterized as middle-income, highly educated, and a relatively young community. With 36,307 residents, a median household income of $87,978, and a median home value of $513,500, it offers a clear picture of life in this part of Texas.