Zip 78704 (Austin, TX) Economy


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78704 in Austin, TX is a bustling community known for its diverse culture, wide array of businesses, and exciting opportunities. The two bedroom rent in 78704 is $1,890 which is slightly above the US average of $1,430. Grocery prices in 78704 have an index of 101 versus the US average of 100. Popular local companies include Whole Foods Market and Alamo Drafthouse Cinema. There are also plenty of amenities such as green spaces like Zilker Park and Barton Springs Pool, museums like Blanton Museum of Art, and many more attractions to explore.

Austin (zip 78704) has an unemployment rate of 5.1%. The US average is 6.0%.

Austin (zip 78704) 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 78704)
- The Sales Tax Rate for Austin (zip 78704) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 78704) 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 78704)
- The average income of a Austin (zip 78704) resident is $68,338 a year. The US average is $37,638 a year.
- The Median household income of a Austin (zip 78704) resident is $82,641 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAustin, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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