Zip 78748 (Austin, TX) Economy


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Austin, TX 78748 is a great place to live with a variety of local businesses and amenities. The average 2 bedroom rent in the area is about $1,690, which is higher than the national average of $1,430. Grocery Cost Index in Austin is also higher than the national index at 95 versus 100 within the US.
Popular local companies within Austin include Dell Technologies, IBM Corporation, Samsung Electronics America Inc., National Instruments Corporation and Whole Foods Market Group Inc. There are many more companies located in Austin offering a wide range of products and services. Whether you’re looking for employment or need assistance with groceries or entertainment activities, there are plenty of options available to explore.

Austin (zip 78748) has an unemployment rate of 5.1%. The US average is 6.0%.

Austin (zip 78748) 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 78748)
- The Sales Tax Rate for Austin (zip 78748) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 78748) 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 78748)
- The average income of a Austin (zip 78748) resident is $31,912 a year. The US average is $28,555 a year.
- The Median household income of a Austin (zip 78748) resident is $89,480 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%
  $46,807$37,638
  $89,480$69,021
  $107,410$85,028
  Population by Occupation
  0.1%1.2%
  0.5%0.5%
  5.2%6.8%
  6.0%10.0%
  1.5%2.5%
  10.0%11.0%
  3.4%4.8%
  0.8%0.8%
  4.1%1.9%
  5.3%4.7%
  2.7%1.9%
  15.5%7.6%
  0.2%0.1%
  4.1%4.2%
  10.2%9.3%
  9.1%14.0%
  2.1%2.1%
  5.8%7.0%
  5.2%4.8%
  8.3%4.7%
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