ZIP 78753 - 860Z200US78753 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 78753, located in the Austin, Texas area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a diverse population, a range of income levels, and evolving housing dynamics, this area presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, investing, or operating in 78753.

Population & Households

The total population of ZIP 78753 stands at 58,449 residents as of 2023, making it a sizable and vibrant community. This population is distributed across 23,992 households, reflecting a mix of family structures, singles, and shared living arrangements. With 25,345 total housing units in the area, there’s a slight surplus of units over households, which could indicate some availability for new residents or investors looking to enter the market. Understanding these numbers helps gauge the density and demand for housing and services in this part of Austin.

Income & Housing Costs

The median household income in ZIP 78753 is $62,334, positioning it as a middle-income area with a broad appeal to various demographics. Housing costs, however, reflect the competitive nature of the Austin market. The median house value is $344,100, which may be a significant investment for homebuyers but also signals strong property value growth potential for investors. For renters, the median rent is $1,447 per month, indicating a relatively high cost of living for those not ready to buy. These figures suggest that while affordability is a factor, the area offers opportunities for both owning and renting, depending on your financial strategy.

Race & Ethnicity

ZIP 78753 is a culturally diverse community, with a racial and ethnic composition that reflects a rich blend of backgrounds. The largest group is Hispanic, making up 50.49% of the population, followed by White residents at 24.34%, Black residents at 12.9%, and Asian residents at 8.34%. This diversity creates a dynamic social fabric, offering unique cultural experiences and business opportunities for those looking to connect with varied customer bases or communities. For businesses and investors, this mix can inform marketing strategies and community engagement efforts.

Key Facts

• Total population: 58,449 residents in 2023, indicating a robust community size.
• Total households: 23,992, showing a mix of family and individual living arrangements.
• Total housing units: 25,345, suggesting some availability for new residents or investors.
• Median household income: $62,334, reflecting a middle-income demographic.
• Median house value: $344,100, pointing to a competitive real estate market.
• Median rent: $1,447 per month, indicating higher rental costs in the area.
• Ethnic diversity: Hispanic (50.49%), White (24.34%), Black (12.9%), Asian (8.34%).

What This Means for You

For homebuyers, ZIP 78753 offers a diverse community with a median home value of $344,100, which could be a solid long-term investment given Austin’s growth trends. However, with a median rent of $1,447, renting might be a more immediate option if upfront costs are a concern. Investors and real estate agents can see potential in the slight surplus of housing units (25,345 vs. 23,992 households), which may indicate room for rental properties or flips, especially with a median income of $62,334 supporting moderate purchasing power. Small-business owners should note the area’s diversity—over 50% Hispanic population alongside other groups—offering a chance to cater to varied cultural needs and preferences. Finally, analysts can use these metrics to track demographic shifts or housing demand in this dynamic Austin ZIP code, helping to predict future market trends.

Run This Study Yourself

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