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Demographic Analysis of Paradise, Texas (Zip Code 76073): White Majority and Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 76073 in Paradise, Texas, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The population is 82% white, with Hispanic residents comprising 14% of the population. The median income in the area increased from $63,173 in 2015 to $96,817 in 2022, representing a 53% growth over seven years.
Paradise has maintained its status as a "Low Diversity" area with a "White Majority" over the past decade. However, there are indications of a gradual shift towards becoming a "Transitional Community." The Hispanic population increased from 3% in 2013 to 14% in 2022. The percentage of residents identifying as two or more races rose from 0% in 2013 to 3% in 2022. The community has not yet reached the threshold for "Moderate Diversity," as no minority group exceeds 20% of the population. The white population decreased from 93% in 2013 to 82% in 2022.
The demographic shifts in Paradise correlate with significant economic growth. The median income increased by 49% from 2013 to 2022, rising from $64,925 to $96,817. The population grew from 5,129 in 2013 to 7,227 in 2022, a 41% increase. This population growth and rising incomes suggest a thriving local economy attracting new residents from various backgrounds.
Paradise is becoming more diverse but remains behind Texas state averages. As of 2022, Texas was a "Majority-Minority" state, with non-Hispanic whites comprising less than 50% of the population. The trend towards increased diversity in Paradise aligns with broader state and national trends of growing diversity in suburban and rural areas.
The economic growth in Paradise is notable, surpassing both state and national averages. The median household income in Texas was approximately $67,321 in 2021, while the national median was $70,784. Paradise's 2021 median income of $91,630 significantly exceeds these figures, indicating stronger economic growth than many other parts of the state and country.
Paradise remains a "Low Diversity" area with a "White Majority," but shows signs of transitioning towards greater diversity. This demographic shift, combined with strong economic growth, suggests that the community is evolving and may continue to attract a more diverse population in the future if current trends persist.
