Austin, TX is known for its great quality of life and many local businesses that make it a great place to live. One example of this is 78723 Austin, TX, which is located in the heart of the city. In this area, the average cost for a two-bedroom rental unit is $1,510 per month while the national average is $1,430. The grocery cost index in this area is 98 versus 100 in the US, making it an affordable location to feed your family. There are plenty of local businesses to choose from in 78723 Austin, TX such as Whole Foods Market, Central Market, Royal Blue Grocery, and Sprouts Farmers Market. Each business provides excellent customer service and offers products and services at competitive prices. Additionally, these businesses offer a variety of locally sourced products and ingredients so you can shop with confidence knowing you’re supporting local families and communities. With all these benefits combined with its central location and affordability factors, 78723 Austin TX makes a great place for families looking to settle down or just take advantage of what the city has to offer.
Austin (zip 78723) has an unemployment rate of 5.1%. The US average is 6.0%.
Austin (zip 78723) 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 78723)
- The Sales Tax Rate for Austin (zip 78723) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 78723) 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 78723)
- The average income of a Austin (zip 78723) resident is $42,876 a year. The US average is $37,638 a year.
- The Median household income of a Austin (zip 78723) resident is $76,535 a year. The US average is $69,021 a year.