The demographic shifts in Kendrick have been accompanied by fluctuations in median income. From 2013 to 2017, there was an increase in median income from $46,176 to $61,020, coinciding with the transition to a Majority-Minority community. Since 2018, there has been a slight decline, with the median income dropping to $57,016 in 2022.

The population has grown from 9,345 in 2013 to 12,973 in 2022, a 39% increase. This population growth, coupled with the initial rise and subsequent stabilization of median income, suggests that the neighborhood has attracted new residents while maintaining a relatively stable economic profile.

The demographic shifts in Kendrick mirror broader trends seen across Texas and the United States, where Hispanic populations have been growing. The scale of change in Kendrick is more pronounced than state or national averages. The neighborhood's transition to a Majority-Minority status occurred earlier and more decisively than in many other areas of Texas.

The economic trajectory of Kendrick is unique. While many urban areas have seen consistent increases in median income over the past decade, Kendrick experienced a peak around 2017-2018 followed by a slight decline. This could be related to the influx of new residents, potentially including younger families or first-time homebuyers.

The population growth in Kendrick outpaces the national average, which has been around 0.1% annually in recent years. This rapid growth could be attributed to Waco's increasing appeal as a mid-sized city with a growing job market and cultural attractions.

Kendrick exemplifies a dynamic, evolving neighborhood that has undergone significant demographic and economic changes over the past decade. Its transition to a Majority-Minority community with a strong Hispanic presence, coupled with substantial population growth and fluctuating income levels, presents opportunities and challenges for community development and social cohesion in the coming years.