Area Insights of 78748, 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 30 homes were sold with 18 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

78748, Austin, TX

Date

05-17-2023

Price Ratio

100%

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

Whole Life Learning Center

PK to 8

Austin Children's Montessori

KG to KG

Parkside Community School

PK to 6

Primrose School of Shady Hollow

PK to KG

Middle School

Paredes Middle School

6 to 8

Ratings

D

High School

Akins High School

9 to 12

Ratings

D

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 23% 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 (52,421)
26,284 Male
26,137 Female
Education
15% High School
7% Associate
38% Bachelor
16% Graduate
Age

Average Age is 36 Years

Household Details

The area's household landscape is diverse, with 59% owner-occupied homes and 41% renter-occupied properties. Family households represent 61% of the population, indicating a strong community focus on family living. The average home value stands at $523,474, which suggests ample demand for multi-bedroom properties.

Total Households
20,959
Average home value
$523,474
Owned
59%
Rented
41%
Vacant
4%
Families
61%
Married
45%
With children
30%

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 5% Asian, 6% Black, and 1% Native residents, alongside 57% White and 36% 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 30% 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
2%
Healthcare
10%
Professional
17%
Education
10%
Services
27%
Labor
14%
Retail
11%
Other
9%
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