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Demographics
Population
Median Income
Racial Distributions
The 99224 zip code in Spokane, Washington, is categorized as having "Low Diversity" as of 2022. The area is predominantly white, with 82% of the population identifying as such. The current median income is $73,496, and the population has grown to 28,083 residents.
Over the past decade, the 99224 zip code has maintained its "Low Diversity" status. The white population has remained the dominant racial group, consistently comprising over 80% of the total population from 2013 to 2022. There has been a slight decrease in the white population from 84% in 2013 to 82% in 2022. The "two or more races" category increased from 3% in 2013 to 5% in 2022. The Hispanic community has maintained a consistent 6% throughout the decade.
The median income in the zip code has shown overall growth, with some fluctuations. There was a significant increase from $63,398 in 2013 to $74,160 in 2019, representing a 17% growth over six years. The median income peaked in 2021 at $77,688, followed by a decrease to $73,496 in 2022. Despite the recent dip, the overall trend shows economic improvement over the decade.
The population has grown steadily from 19,099 in 2010 to 28,083 in 2022, a 47% increase. This population growth, coupled with the generally upward trend in median income, suggests economic vitality and attractiveness of the area.
The demographic composition of this zip code contrasts with national trends towards increasing diversity. While the U.S. as a whole has been moving towards a more diverse racial makeup, this particular area of Spokane has maintained its predominantly white composition.
The economic growth in this zip code appears to be stronger than the national average. The median household income in the U.S. grew by about 10% from 2013 to 2022 (adjusted for inflation), while this zip code saw an increase of approximately 16% in the same period, outpacing the national trend.
The population growth rate in this zip code (47% over 12 years) is significantly higher than the national average, which was around 7% from 2010 to 2022. This rapid growth could indicate that the area is particularly attractive to new residents, possibly due to economic opportunities or quality of life factors.
In conclusion, while the 99224 zip code in Spokane has maintained its status as a "Low Diversity" area over the past decade, it has experienced subtle shifts towards slightly increased diversity. Coupled with strong population growth and generally improving economic indicators, these trends suggest a slowly evolving community that remains economically attractive while gradually becoming more diverse, albeit at a pace slower than national averages.