The demographic changes in this zip code have occurred alongside significant economic growth. The median household income increased from $84,807 in 2013 to $103,988 in 2022, representing a 22.6% increase. This growth outpaces inflation over the same period, indicating real economic gains for the area's residents. The peak median income was recorded in 2021 at $124,721, with a subsequent decrease in 2022.

The population has grown steadily, from 22,047 in 2013 to 28,430 in 2022, a 28.9% increase. This population growth, coupled with rising incomes, suggests that the area has become increasingly attractive to new residents, potentially driving the observed demographic shifts.

The changes observed in the 98107 zip code align with broader trends seen in many urban areas across the United States. Many cities have experienced increasing diversity and gentrification over the past decade, often accompanied by rising incomes and property values. The growth in the Asian population mirrors trends seen in other tech-oriented cities on the West Coast.

The area's transition towards greater diversity, while maintaining a relatively high median income, suggests that it may be attracting a mix of affluent professionals from various racial backgrounds. This could be indicative of a broader trend of increasing diversity among higher-income brackets in urban areas.

The 98107 zip code in Seattle has evolved from a predominantly white, low-diversity area to a more diverse, affluent community over the past decade. While it remains a "White Majority" area, the trends suggest it is on a path towards greater racial diversity, potentially transitioning to a "Moderate Diversity" or even "High Diversity" classification in the coming years if current trends continue. These demographic shifts, coupled with significant economic growth, reflect broader national trends towards increased diversity in prosperous urban areas.