Area Insights of 78717, Austin, TX

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 44 homes were sold with 16 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

78717, Austin, TX

Date

05-16-2023

Price Ratio

97%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Shining Stars Montessori Llc

PK to 1

Abacus School of Austin

KG to KG

Holy Family Catholic School

PK to 8

Middle School

Pearson Ranch Middle School

6 to 8

Ratings

A

Cedar Valley Middle School

6 to 8

Ratings

A

High School

No schools available

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 44% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (42,566)
22,266 Male
20,300 Female
Education
9% High School
9% Associate
38% Bachelor
27% Graduate
Age

Average Age is 35 Years

Household Details

The area's household landscape is diverse, with 55% owner-occupied homes and 46% renter-occupied properties. Family households represent 70% of the population, indicating a strong community focus on family living. The average home value stands at $671,029, which suggests ample demand for multi-bedroom properties.

Total Households
16,078
Average home value
$671,029
Owned
55%
Rented
46%
Vacant
5%
Families
70%
Married
57%
With children
45%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 33% Asian, 5% Black, and 0% Native residents, alongside 45% White and 15% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 58% of households earning over $100,000 annually, while 23% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
11%
Professional
24%
Education
7%
Services
18%
Labor
19%
Retail
11%
Other
8%
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