Zip 78735 (Austin, TX) Economy


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78735 Austin, TX is a great place to live. With an average two bedroom rent of $2,010 it is slightly more expensive than the US average of $1,430 but offers plenty in return. The grocery cost index remains at 100 versus the US national average meaning savings can be seen in everyday living costs. There are many local companies, businesses and attractions to explore within 78735 Austin, TX. Local businesses such as Green Heron Artisans, A+ Kids Learning Center and Tuxedo Junction provide useful services to residents. Residents can also take advantage of the many attractions that 78735 has to offer such as the Pfluger Pedestrian Bridge and Zilker Park for outdoor recreation or venture into downtown for a night out on the town.

Austin (zip 78735) has an unemployment rate of 5.1%. The US average is 6.0%.

Austin (zip 78735) 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 78735)
- The Sales Tax Rate for Austin (zip 78735) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 78735) 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 78735)
- The average income of a Austin (zip 78735) resident is $53,474 a year. The US average is $28,555 a year.
- The Median household income of a Austin (zip 78735) resident is $105,132 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%
  $78,611$37,638
  $105,132$69,021
  $151,750$85,028
  Population by Occupation
  0.6%1.2%
  0.4%0.5%
  6.6%6.8%
  7.7%10.0%
  1.9%2.5%
  6.3%11.0%
  1.9%4.8%
  0.5%0.8%
  2.6%1.9%
  6.9%4.7%
  3.7%1.9%
  19.8%7.6%
  0.0%0.1%
  5.4%4.2%
  10.8%9.3%
  10.0%14.0%
  1.2%2.1%
  3.6%7.0%
  5.4%4.8%
  4.6%4.7%
Health