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Demographics
Population
Median Income
Racial Distributions
Colleyville, Texas exhibits a demographic profile categorized as "Low Diversity" based on established criteria. As of 2022, the white population comprises 76% of the total, exceeding the 75% threshold for this classification. The city is characterized by high affluence, with a median income of $161,991 in 2022. Colleyville has a population of 26,147 as of 2022, indicating a relatively small urban area that has experienced modest growth over the past decade.
Over the past decade, Colleyville has maintained its "Low Diversity" status, but shows signs of gradual diversification. The white population percentage increased from 79% in 2013 to a peak of 88% in 2018, followed by a steady decline to 76% in 2022. This trend suggests a slow transition towards increased community diversity.
The Hispanic and Asian populations have shown the most significant increases. The Hispanic population grew from 5% in 2019 to 9% in 2022, while the Asian population remained relatively stable around 6-7%. The Black population increased from 1% in 2013 to 4% in 2022. These changes indicate that Colleyville is exhibiting characteristics of a "Transitional Community," with increasing representation from minority groups over the past five years.
The increase in diversity has coincided with fluctuations in median income. The median income peaked at $179,161 in 2018, coinciding with the highest percentage of white population. As diversity increased, there was a slight decline in median income to $161,991 in 2022. Despite this decrease, Colleyville remains an affluent community.
The population has grown from 23,252 in 2013 to 26,147 in 2022, suggesting a stable and controlled growth pattern. This may be influenced by local housing policies or limited available land for development, given the city's small size of 13.22 square miles.
Colleyville's demographic shifts align with broader national trends of increasing diversity in suburban areas. However, the city's high median income and predominantly white population suggest it remains less diverse than many comparable suburban areas across the United States.
Based on observed trends, Colleyville is likely to continue its gradual transition towards greater diversity. The community may move from "Low Diversity" to "Moderate Diversity" within the next 5-10 years if current trends persist.
The Hispanic and Asian populations are expected to continue growing, potentially reaching or exceeding 10% each. The Black population may also continue its upward trend. This could result in a scenario where no single group comprises more than 75% of the population, and two or three groups have significant representation (over 20% each), meeting the criteria for "Moderate Diversity."
Economically, the high median income is likely to persist given the established affluence of the area. Increasing diversity might bring changes to local businesses, services, and community dynamics, potentially attracting a wider range of economic activities and cultural influences.
In conclusion, Colleyville appears to be on a path of gradual diversification while maintaining its status as an affluent community. This transition may bring both challenges and opportunities as the city adapts to a changing demographic landscape.