ZIP Code 78723
standardSource:
Austin · Travis County · Texas
- Population
- 28,330
- Median income
- $100,329
- Median home value
- $562,300
- Bachelor's or higher
- 58.4%
- Land area
- 18.0 sq mi
1,576/sq mi
▲ 32% vs US
higher than 81% of US ZIPs
▲ 102% vs US
higher than 89% of US ZIPs
Median age 34.8
Chicago
ZIP code 78723 in Austin, Texas has a population of 28,330. The median household income is $100,329, which is 32% above the national average. Median home value is $562,300, 102% above the US average. 58.4% of residents hold a bachelor's degree or higher.
ZIP code 78723 is classified by USPS as a standard delivery area and covers roughly 18.0 square miles in Austin, Travis County, Texas. The area is home to 28,330 residents, producing a population density of 1,576 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 78723 against Texas and the nation.
On the economic side, the median household income for ZIP 78723 sits at $100,329 (33% above the Texas average), while per-capita income is $55,797. The poverty rate stands at 12.3% and the unemployment rate at 6.0%. On housing, the median home value is $562,300 (127% above the state average) with median rent at $1,724 per month, and 48.6% of occupied units are owner-occupied, a direct signal of whether 78723 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 58.4% of adults hold a bachelor's degree or higher, the median age is 34.8, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Travis County, so you can benchmark 78723 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 78723
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 78723.
- Professional, scientific, and technical services
Professional, scientific, and technical services
140 establishments
- Health care and social assistance
Health care and social assistance
137 establishments
- Retail trade
Retail trade
105 establishments
- Accommodation and food services
Accommodation and food services
99 establishments
- Other services (except public administration)
Other services (except public administration)
83 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 78723, Austin, TX · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
28,330
Population
18.0
Area (sq mi)
1,576
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 78723?
34.8
Median Age
51.0%
Male
49.0%
Female
16.0%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$100,329
Median Household Income
+33% vs state
$55,797
Per Capita Income
12.3%
Poverty Rate
6.0%
Unemployment Rate
26.1 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
17,744
Total Housing Units
16,669
Occupied Units
1,075
Vacant Units
2.27
Avg Household Size
Occupancy Type
$562,300
Median Home Value
+127% vs state
$1,724
Median Rent
1983
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
-7.1%
YoY Change (2024)
472
HPI Index (2000 = 100)
+372%
Total Change Since 2000
Home values in ZIP 78723 have decreased 7.1% over the past year (2024). Since 2000, this ZIP has seen +372% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.2% | 380 |
| 2021 | +19.1% | 453 |
| 2022 | +19.0% | 539 |
| 2023 | -5.7% | 508 |
| 2024 | -7.1% | 472 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 876 business establishments in ZIP 78723, employing approximately 16,680 people with a combined annual payroll of $1,029,520,000.
876
Businesses
16,680
Employees
$1.0B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 140 | 16.0% |
| Health care and social assistance | 137 | 15.6% |
| Retail trade | 105 | 12.0% |
| Accommodation and food services | 99 | 11.3% |
| Other services (except public administration) | 83 | 9.5% |
| Real estate and rental and leasing | 67 | 7.7% |
| Administrative and support and waste management and remediation services | 49 | 5.6% |
| Construction | 45 | 5.1% |
| Information | 36 | 4.1% |
| Finance and insurance | 31 | 3.5% |
| Educational services | 28 | 3.2% |
| Arts, entertainment, and recreation | 17 | 1.9% |
| Wholesale trade | 15 | 1.7% |
| Manufacturing | 14 | 1.6% |
| Transportation and warehousing | 6 | 0.7% |
| Management of companies and enterprises | 3 | 0.3% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 78723 vs 78721 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 78721 | Austin, TX | 11,425 | 2.4 mi |
| 78722 | Austin, TX | 5,901 | 2.0 mi |
| 78751 | Austin, TX | 14,385 | 2.3 mi |
| 78752 | Austin, TX | 18,064 | 2.2 mi |
| 78705 | Austin, TX | 31,340 | 3.2 mi |
| 78712 | Austin, TX | 860 | 3.2 mi |
| 78702 | Austin, TX | 21,334 | 3.3 mi |
| 78756 | Austin, TX | 7,194 | 3.5 mi |
| 78724 | Austin, TX | 21,696 | 4.3 mi |
| 78742 | Austin, TX | 820 | 4.5 mi |
More ZIP Codes in Travis County
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Frequently Asked Questions
What county is ZIP code 78723 in? ▼
What is the population of ZIP code 78723? ▼
What is the median household income in ZIP 78723? ▼
What is the average home value in ZIP 78723? ▼
What is the demographic makeup of ZIP 78723? ▼
How many businesses are in ZIP code 78723? ▼
What are the main industries in ZIP code 78723? ▼
How have home values changed in ZIP code 78723? ▼
What is the education level in ZIP code 78723? ▼
What is the average commute time in ZIP 78723? ▼
What percentage of residents own vs. rent in ZIP 78723? ▼
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ZIP Code Research Guides
Official Data Resources for Austin, TX
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.