Zip 78741 (Austin, TX) Economy


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78741 Austin, TX is an ideal place for those looking for a more affordable lifestyle. With the average two-bedroom rent at $1,480, which is nearly $50 less than the US average of $1,430, 78741 gives its residents more bang for their buck. The grocery cost index in 78741 is also lower than the national average at 94 versus 100. This means that 78741 offers competitive prices on groceries and other essential items. There are many local companies in the area that provide cost-effective shopping solutions such as H-E-B Groceries & Pharmacy, Target, Walmart Supercenter, Costco Wholesale, and Whole Foods Market.

Austin (zip 78741) has an unemployment rate of 5.1%. The US average is 6.0%.

Austin (zip 78741) 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 78741)
- The Sales Tax Rate for Austin (zip 78741) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 78741) 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 78741)
- The average income of a Austin (zip 78741) resident is $17,324 a year. The US average is $28,555 a year.
- The Median household income of a Austin (zip 78741) resident is $54,422 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%
  $35,588$37,638
  $54,422$69,021
  $51,106$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  8.6%6.8%
  4.4%10.0%
  2.4%2.5%
  11.2%11.0%
  3.8%4.8%
  0.6%0.8%
  3.3%1.9%
  3.0%4.7%
  2.2%1.9%
  11.8%7.6%
  0.0%0.1%
  4.7%4.2%
  7.9%9.3%
  6.2%14.0%
  2.5%2.1%
  16.3%7.0%
  6.2%4.8%
  4.6%4.7%
Health