Zipcode Summary

Zipcode: 78731
State: TX
Area: Austin
Metro: Austin-Round Rock-Georgetown, TX
Property Sale

Current average property sale is 1,035,486, rank 745 in the country, rank 12 in the state, and rank 5 in the metro area.

Average property sale 1 year ago was 1,100,073, down 6%.

Average property sale 5 years ago was 667,862, up 55%.

Average property sale 10 years ago was 520,492, up 99%.

Rent

Current average rentals is 1,757, rank 3426 in the country, rank 216 in the state, and rank 32 in the metro area.

Average rentals 1 year ago was 1,823, down 4%.

Average rentals 5 years ago was 1,324, up 33%.

Annual Gross Yield (Rent/Property Sale)

Current average yields is 2%, rank 6590 in the country, rank 623 in the state, and rank 61 in the metro area.

Average yields 1 year ago was 2%, up 2%.

Average yields 5 years ago was 2%, down 14%.

Gross Income

Current average income is 262,800, rank 359 in the country, rank 22 in the state, and rank 8 in the metro area.

Average income 1 year ago was 238,117, up 10%.

Average income 5 years ago was 196,302, up 34%.

Average income 10 years ago was 123,793, up 112%.

Total Tax filings (as population proxy)

Current total tax filings is 13,930, rank 1633 in the country, rank 319 in the state, and rank 31 in the metro area.

Total tax filings 1 year ago was 13,890, up 0%.

Total tax filings 5 years ago was 13,710, up 2%.

Total tax filings 10 years ago was 13,141, up 6%.

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$400.0$800.0$1,200.0$1,600.0$2,000.0Highcharts.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)20052006200720082009201020112012201320142015201620172018201920200.05,000.010,000.015,000.038%39%40%41%$100,000.0$200,000.0$300,000.0$0.0$500,000.0$1,000,000.0Highcharts.com

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

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