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Demographic Analysis of 79424 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 79424 zip code in Lubbock, Texas, is classified as a "White Majority" community with "Moderate Diversity" as of 2022. The area has a 70% white population and a 22% Hispanic population. The median income in 2022 was $90,750, indicating relative affluence compared to national averages.
Over the past decade, this zip code has transitioned from "Low Diversity" to "Moderate Diversity." In 2013, 78% of the population identified as white, decreasing to 70% by 2022. Concurrently, the Hispanic population increased from 16% to 22%. The community shows signs of becoming a "Transitional Community" with growing diversity, including increases in Hispanic, Asian, and multi-racial populations.
The median income in this zip code has shown an upward trend, rising from $85,997 in 2013 to $90,750 in 2022, a 5.5% increase over nine years. This growth suggests economic stability and potential increasing prosperity in the area. The population has grown significantly, from 40,485 in 2013 to 51,248 in 2022, an increase of about 26.6%.
The period of most rapid demographic change (2015-2017) coincided with a slight dip in median income, which dropped from $86,600 in 2015 to $86,637 in 2017. This could indicate that the influx of new, more diverse residents initially put some downward pressure on median incomes, but the community has since rebounded economically.
The demographic shifts in this zip code align with broader national trends of increasing diversity, particularly in suburban areas. The growth of the Hispanic population is consistent with national patterns, as Hispanics have been one of the fastest-growing demographic groups in the United States over the past decade.
The economic resilience of this zip code, maintaining a high median income despite rapid population growth and increasing diversity, is noteworthy. Many areas experiencing rapid demographic shifts often see more volatile economic indicators.
The 79424 zip code in Lubbock, Texas, presents a picture of a "Transitional Community" moving from "Low Diversity" to "Moderate Diversity" while maintaining economic stability. The area's ability to accommodate significant population growth and increasing diversity while sustaining high median incomes suggests a robust local economy and potentially successful integration of new residents. These trends indicate that this zip code could serve as a case study in managing demographic change while maintaining economic prosperity.
