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Demographic Analysis of 75023 Zip Code: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The 75023 zip code in Plano, Texas, is classified as a "White Majority" community with "Moderate Diversity" as of 2022. The white population comprises 59% of the total, with significant representations from other racial groups. The median household income in 2022 was $96,375, indicating an affluent community.
Over the past decade, this zip code has transitioned from a "Low Diversity" to a "Moderate Diversity" community. The white population decreased from 63% in 2013 to 59% in 2022. Concurrently, other racial groups, particularly Asian and Hispanic populations, experienced increases. The Asian population grew from 12% to 13%, while the Hispanic population remained stable at 14-15%. The Black population increased slightly from 7% to 8%.
The community can be classified as a "Transitional Community" due to the consistent increase in diversity. The "two or more races" category grew from 2% to 4%, indicating an increase in mixed-race families or individuals identifying with multiple racial backgrounds. These demographic shifts correlate with a significant increase in median household income, rising from $86,634 in 2013 to $96,375 in 2022, an 11% increase.
The population in this zip code grew from 44,774 in 2013 to 47,418 in 2022, a 5.9% increase. This growth, combined with increasing diversity and rising incomes, suggests the area has become increasingly attractive to various racial and ethnic groups, particularly those in higher income brackets.
The trends observed in this zip code align with broader national patterns of increasing diversity in suburban areas, particularly those near major metropolitan centers. The increase in racial diversity, coupled with rising incomes, suggests that this area may be attracting highly skilled, diverse professionals, possibly related to the growth of tech and other high-paying industries in the Dallas-Fort Worth metroplex.
The persistence of a white majority, despite increasing diversity, indicates that this community may be in the early stages of a longer-term demographic transition. The gradual nature of these changes suggests a stable community undergoing steady, rather than dramatic, demographic evolution.
In conclusion, the 75023 zip code in Plano, Texas, represents a "Transitional Community" moving from "Low Diversity" to "Moderate Diversity" over the past decade. This transition has been accompanied by significant economic growth, suggesting a complex interplay between demographic changes and economic prosperity in this affluent suburban area.
