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Demographics
Population
Median Income
Racial Distributions
Zip code 78733 in Austin, Texas, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 10,665 and a high median income of $171,535, which is significantly above national averages. The demographic composition consists of 67% White, 15% Asian, and 11% Hispanic populations, indicating a trend towards increasing diversity.
Over the past decade, this zip code has transitioned from "Low Diversity" to "Moderate Diversity." In 2013, 81% of the population identified as white, which decreased to 67% by 2022. Concurrently, Asian and Hispanic populations experienced significant growth. The community can be categorized as a "Transitional Community," with clear trends of increasing diversity. The Asian population nearly doubled from 8% in 2013 to 15% in 2022, while the Hispanic population increased from 8% to 11%. The percentage of residents identifying as two or more races also more than doubled from 2% to 5%.
The demographic shifts have occurred alongside substantial economic growth. The median income increased from $148,469 in 2013 to $171,535 in 2022, representing a growth of approximately 15.5%. This increase suggests that the area has remained attractive to high-income earners across various racial groups. The population has remained relatively stable during this period, increasing slightly from 10,358 in 2013 to 10,665 in 2022. This stability, combined with rising incomes and increasing diversity, may indicate a gradual turnover of residents rather than rapid expansion.
The trends observed in this zip code align with broader patterns seen in many affluent suburban areas of major cities across the United States. The increasing diversity, particularly the growth in Asian and Hispanic populations, reflects national trends of suburban diversification. The exceptionally high median income and the persistence of a white majority, albeit declining, set this area apart from national averages. The median household income for the United States in 2021 was $70,784, making this zip code's median income more than double the national figure.
The stability in population numbers, despite increasing diversity and rising incomes, suggests that this area may have limited housing stock or zoning restrictions that prevent rapid expansion. This could potentially lead to increasing property values and possibly gentrification pressures.
Zip code 78733 in Austin, Texas, represents a high-income, predominantly white area that is gradually transitioning towards greater racial diversity. This shift is occurring in tandem with economic growth, potentially making it an attractive destination for affluent professionals from various racial backgrounds. As this transition continues, it will be important to monitor how these changes affect local community dynamics, housing affordability, and overall quality of life for all residents.