78758 Austin, TX is a great place to live with many amenities. The average two bedroom rent in this area of Austin is $1,630, slightly higher than the national average of $1,430. Additionally, it boasts an impressive grocery cost index of 95 versus 100 in the US – making it a relatively affordable option for potential residents. \n78758 Austin’s diverse local economy impacts its affordability to residents. Popular companies such as Apple Inc., Home Depot Inc., and IBM Corp are all located within 78758 Austin and offer great employment opportunities to locals. Moreover, many smaller businesses populate the area and contribute to the overall diversity and economic growth of 78758 Austin. These small businesses create jobs for locals while also providing beneficial services to residents. The presence of these companies makes 78758 an attractive place for people looking for work or specific services that may only be found locally. Ultimately, these companies have had a positive effect on 78758's economy which can be seen through its competitive rent prices and affordable grocery costs index when compared to other areas of the United States.
Austin (zip 78758) has an unemployment rate of 5.1%. The US average is 6.0%.
Austin (zip 78758) 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 78758)
- The Sales Tax Rate for Austin (zip 78758) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 78758) 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 78758)
- The average income of a Austin (zip 78758) resident is $35,469 a year. The US average is $37,638 a year.
- The Median household income of a Austin (zip 78758) resident is $63,283 a year. The US average is $69,021 a year.