The 92116 zip code in San Diego, California, is classified as a "Moderate Diversity" community with a "White Plurality" as of 2022. The area has a population of 30,526 and a median income of $85,229. The white population represents the largest racial group at 54%, but does not constitute a majority. There is significant representation from Hispanic (30%) and other racial groups.

Over the past decade, this zip code has maintained its status as a "Moderate Diversity" area, but with some notable shifts. The white population has remained the largest group, but has decreased slightly from 57% in 2013 to 54% in 2022, consistently falling short of a "Racial Majority." The Hispanic population has shown a gradual increase from 27% in 2013 to 30% in 2022, indicating a trend towards greater diversity. There has been a slight increase in the Asian population (4% to 5%) and those identifying as two or more races (3% to 5%), further contributing to the area's diversity. The Black population has remained relatively stable, fluctuating between 5-7% throughout the decade.

These demographic shifts correlate with significant economic changes. The median income has risen substantially from $67,838 in 2013 to $85,229 in 2022, a 25.6% increase. This growth outpaces inflation, indicating real economic improvement. The population peaked in 2017-2018 at around 32,600 but has since declined to 30,526 in 2022. This decrease might be linked to rising housing costs associated with the income growth. The increasing diversity, particularly the growth in Hispanic and Asian populations, coincides with the rise in median income, suggesting these groups may be contributing to the area's economic advancement.