ZIP 78721 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Austin city, TX (78721)

Median Income

$103,285

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+506

Wealth inflow

Population

10,728

Unemployment

3.9%

0.1pp above US avg

IRS migration statistics show a net inflow of about 506 for ZIP 78721 (Austin city, TX) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

3.9%+4% vs US avg

Self-Employed

3.2%-48% vs US avg

SNAP Benefits

9.6%-18% vs US avg

310

Establishments

5,704

Employees

~18 per establishment — small businesses dominate

Professional services

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.6%
Construction11.0%
Manufacturing4.3%
Wholesale trade1.3%
Retail trade10.5%
Transportation, utilities1.9%
Information3.1%
Finance, insurance, real estate3.3%
Professional, scientific, management22.4%
Education, health care, social22.3%
Arts, entertainment, food services11.4%
Other services4.0%
Public administration3.9%

Household Income

Historical Trends in 78721 (2020–Present)

Since 2020, population declined 2.9%, median income rose 58.5% (inflation-adjusted), home values increased 32.8%.

Median Income

$103,285

+37% vs US avg

Unemployment Rate