Area Insights of 78727, Austin, TX

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 2%, indicating a strong buyer interest. A total of 21 homes were sold with 6 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

78727, Austin, TX

Date

07-07-2023

Price Ratio

99%

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

Four Seasons Community School

PK to 2

Austin International School

PK to 8

Williams Community School

PK to KG

Middle School

Westview Middle School

6 to 8

Ratings

D

High School

Premier High School of North Austin

9 to 12

Ratings

C+

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 12% 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 (27,017)
13,954 Male
13,063 Female
Education
10% High School
5% Associate
37% Bachelor
25% Graduate
Age

Average Age is 38 Years

Household Details

The area's household landscape is diverse, with 52% owner-occupied homes and 48% renter-occupied properties. Family households represent 58% of the population, indicating a strong community focus on family living. The average home value stands at $560,844, which suggests ample demand for multi-bedroom properties.

Total Households
11,581
Average home value
$560,844
Owned
52%
Rented
48%
Vacant
6%
Families
58%
Married
45%
With children
26%

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 18% Asian, 7% Black, and 1% Native residents, alongside 53% White and 21% 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 46% of households earning over $100,000 annually, while 35% 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
1%
Healthcare
11%
Professional
22%
Education
7%
Services
24%
Labor
12%
Retail
12%
Other
10%
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