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Demographics
Population
Median Income
Racial Distributions
Zip code 89503 in Reno, Nevada, is categorized as a "White Majority" community with moderate diversity as of 2022. The white population constitutes 69% of the total, while Hispanic (16%), Asian (7%), and multiracial (4%) groups contribute to a diverse mix. The area's median income in 2022 was $57,805, with a population of 26,526.
Over the past decade, this zip code has consistently maintained its status as a "White Majority" area. However, there are noticeable shifts towards increased diversity. The white population decreased from 74% in 2017 to 69% in 2022, indicating a gradual transition towards greater diversity. The Hispanic population increased from 12% in 2017 to 16% in 2022, showing the most significant growth among minority groups. The Asian population remained relatively stable, fluctuating between 6-8% throughout the decade. The Black and multiracial populations saw slight increases, contributing to the overall diversification.
These trends suggest that while the area remains a "White Majority" community, it's slowly evolving towards a more diverse demographic composition, potentially moving towards a "Moderate Diversity" classification in the future if current trends continue.
The median income in the zip code has shown overall growth, with some fluctuations. From 2013 to 2022, the median income increased from $51,070 to $57,805, representing a 13.2% growth over nine years. A significant jump occurred between 2020 and 2021, with income rising from $57,370 to $62,888, followed by a decrease to $57,805 in 2022. The population has grown steadily from 24,472 in 2013 to 26,526 in 2022, an 8.4% increase.
The overall increase in median income correlates with the area's growing diversity, suggesting that the influx of new residents may be contributing to economic growth. However, the recent income volatility (2020-2022) might indicate economic challenges or shifts in the local job market.
The demographic shifts in this zip code align with broader national trends of increasing diversity in urban and suburban areas. The growth in the Hispanic population is consistent with national patterns of Hispanic population growth in many U.S. cities. The median income growth, while positive, may be slightly below national averages when accounting for inflation over the same period.
Zip code 89503 in Reno, Nevada, is experiencing a gradual transition towards greater diversity while maintaining its "White Majority" status. This demographic evolution is accompanied by overall economic growth, albeit with recent fluctuations. The area appears to be following broader national trends of increasing diversity in urban settings, with the potential to become a more diverse community in the coming years if current trends persist.