The median income in Hollis has shown an overall upward trend, increasing from $69,643 in 2013 to $74,640 in 2022, representing a 7.2% growth over the decade. This rise correlates with the increasing Asian population. However, the income growth has not been steady, with fluctuations observed throughout the years.

The population of Hollis has remained relatively stable over the decade, with minor fluctuations. The slight decrease from 25,922 in 2013 to 25,788 in 2022 suggests a stable community with minimal gentrification or displacement pressures.

The demographic shifts in Hollis reflect broader trends observed in many urban areas across the United States, particularly the growing Asian population in diverse neighborhoods. The stable Black plurality distinguishes Hollis from some other urban areas that have experienced more dramatic demographic changes due to gentrification.

The income growth in Hollis appears to be less pronounced than in some other parts of New York City. This moderate growth may have helped maintain the neighborhood's diversity by preventing rapid gentrification and displacement of long-term residents.

Hollis represents a slowly evolving urban landscape, maintaining its character as a diverse, majority-minority community while experiencing gradual demographic shifts and moderate economic growth. These changes reflect broader urban trends but occur at a pace that has allowed the neighborhood to retain much of its traditional character and diversity.