Zipcode Summary

Zipcode: 78704
State: TX
Area: Austin
Metro: Austin-Round Rock-Georgetown, TX
Property Sale

Current average property sale is 812,483, rank 1374 in the country, rank 23 in the state, and rank 10 in the metro area.

Average property sale 1 year ago was 903,205, down 10%.

Average property sale 5 years ago was 546,191, up 49%.

Average property sale 10 years ago was 403,381, up 101%.

Rent

Current average rentals is 2,019, rank 2413 in the country, rank 76 in the state, and rank 13 in the metro area.

Average rentals 1 year ago was 2,129, down 5%.

Average rentals 5 years ago was 1,660, up 22%.

Annual Gross Yield (Rent/Property Sale)

Current average yields is 3%, rank 6295 in the country, rank 604 in the state, and rank 55 in the metro area.

Average yields 1 year ago was 3%, up 5%.

Average yields 5 years ago was 4%, down 18%.

Gross Income

Current average income is 144,620, rank 1286 in the country, rank 80 in the state, and rank 17 in the metro area.

Average income 1 year ago was 119,513, up 21%.

Average income 5 years ago was 89,976, up 61%.

Average income 10 years ago was 58,401, up 148%.

Total Tax filings (as population proxy)

Current total tax filings is 26,460, rank 526 in the country, rank 78 in the state, and rank 10 in the metro area.

Total tax filings 1 year ago was 27,540, down 4%.

Total tax filings 5 years ago was 26,970, down 2%.

Total tax filings 10 years ago was 22,999, up 15%.

Housing Price vs Investment Gross Yield

Created with Highcharts 8.2.2Housing PriceRentalsHousing Price vs. Rental vs. Gross Yield Time SeriesHome PriceRental Price01/200005/200309/200601/201005/201309/201601/202005/202311/200009/200107/200203/200401/200511/200507/200705/200803/200911/201009/201107/201203/201401/201511/201507/201705/201803/201911/202009/202107/2022$0.0$500,000.0$1,000,000.0$1,500,000.0$2,000,000.0$500.0$1,000.0$1,500.0$2,000.0$2,500.0Highcharts.com

Gross yield is monthly rent × 12 / home price, before any taxes and feeds

Created with Highcharts 8.2.2Total Number of Tax FilingsJoin Filings RatioAverage Gross IncomeAverage Gross Income(<25K and >200K)Tax Filings Time SeriesTotal Above 200K Tax FilingsTotal 100K To 200K Tax FilingsTotal 75K To 100K Tax FilingsTotal 50K To 75K Tax FilingsTotal 25K To 50K Tax FilingsTotal 25K Less Tax FilingsJoin Filings Ratio (All)Avg Gross IncomeAvg Gross Income (25K Less)Avg Gross Income (200K More)20052006200720082009201020112012201320142015201620172018201920200.010,000.020,000.030,000.019%20%21%$0.0$50,000.0$100,000.0$150,000.0$0.0$250,000.0$500,000.0$750,000.0Highcharts.com

The higher the population growth, the higher the demand for housing.

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