Income & Economy in Austin city, TX (78705)
Median Income
$30,336
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,554
Wealth inflow
Population
32,937
Unemployment
8.1%
4.4pp above US avg
IRS migration statistics show a net inflow of about 1,554 for ZIP 78705 (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.
Historical Trends in 78705 (2020–Present)
Since 2020, population declined 1.0%, median income rose 9.6% (inflation-adjusted), home values increased 31.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $30,336 |
| Unemployment | 8.1% |
| Establishments | 924 |
| Employees | 14,174 |