78702 is an Austin, Texas zip code located in the heart of downtown. It is a vibrant neighborhood filled with trendy restaurants, cafes, and bars. Rent for a two bedroom apartment here is slightly higher than the national average at $1,570 per month. Grocery prices are also slightly higher in this area compared to the US with an index of 99. Local companies in 78702 include Austin's famous establishments such as Franklin Barbecue, Jo’s Coffee, and The Driskill Hotel. 78702 also houses numerous tech startups like Indeed, Bazaarvoice, and Indeed Prime. With its convenient downtown location and vast array of businesses, 78702 has become one of the most sought-after neighborhoods in Austin.
Austin (zip 78702) has an unemployment rate of 5.1%. The US average is 6.0%.
Austin (zip 78702) has seen the job market decrease by -3.3% 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 78702)
- The Sales Tax Rate for Austin (zip 78702) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 78702) 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 78702)
- The average income of a Austin (zip 78702) resident is $49,352 a year. The US average is $37,638 a year.
- The Median household income of a Austin (zip 78702) resident is $82,176 a year. The US average is $69,021 a year.