78721 Austin, TX is a vibrant city located in central Texas. It's known for its outdoor recreation, music scene, and festivals. The two bedroom rental rate for 78721 Austin is $1,570 per month which is lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in 78721 Austin is 96 versus 100 in the US demonstrating how more affordable it is to live there. \nThere are many local businesses in 78721 Austin such as Whole Foods Market, HEB grocery stores, Central Market grocery stores, Randall's Grocery Stores and many more that offer everything from groceries to pet supplies and gas. There are also plenty of restaurants like Magnolia Cafe South and Home Slice Pizza that make great locally sourced food. The cost of living in 78721 Austin is very reasonable compared to other areas across the country making it a great place to call home.
Austin (zip 78721) has an unemployment rate of 5.1%. The US average is 6.0%.
Austin (zip 78721) 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 78721)
- The Sales Tax Rate for Austin (zip 78721) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 78721) 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 78721)
- The average income of a Austin (zip 78721) resident is $37,046 a year. The US average is $37,638 a year.
- The Median household income of a Austin (zip 78721) resident is $61,462 a year. The US average is $69,021 a year.