Zip 78753 (Austin, TX) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
78753 Austin, TX is an area of high quality living with 2 bedroom rent being $1490 compared to the US rent average of $1430. This area boasts a low Grocery Cost Index at 94 when compared to the national average of 100. There are a variety of local companies that call 78753 home, such as the 3M Corporation, St. David's HealthCare System, and the Texas Education Agency. Each company provides different services to its respective industries and all contribute to a thriving local economy.

Austin (zip 78753) has an unemployment rate of 5.1%. The US average is 6.0%.

Austin (zip 78753) has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 47.0%, which is higher than the US average of 33.5%.

Tax Rates for Austin (zip 78753)
- The Sales Tax Rate for Austin (zip 78753) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 78753) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Austin (zip 78753)
- The average income of a Austin (zip 78753) resident is $18,722 a year. The US average is $28,555 a year.
- The Median household income of a Austin (zip 78753) resident is $55,132 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAustin, TexasUnited States
  5.16
  -3.3%-6.2%
  47.0%33.5%
  8.3%6.2%
  0.0%4.6%
  $27,636$37,638
  $55,132$69,021
  $57,428$85,028
  Population by Occupation
  0.0%1.2%
  0.5%0.5%
  13.4%6.8%
  9.6%10.0%
  1.3%2.5%
  9.4%11.0%
  5.7%4.8%
  0.4%0.8%
  2.2%1.9%
  3.0%4.7%
  2.2%1.9%
  6.9%7.6%
  0.3%0.1%
  6.7%4.2%
  6.9%9.3%
  8.6%14.0%
  1.0%2.1%
  10.3%7.0%
  5.8%4.8%
  5.8%4.7%
Health