The median income in Odessa has shown moderate growth over the past decade, increasing from $49,483 in 2013 to $54,456 in 2022, representing a growth of about 10% over nine years. This growth is relatively modest and may not have significantly altered the economic landscape of the community.

The population of the zip code has decreased from 1,273 in 2013 to 1,077 in 2022, a decline of about 15%. This population decrease, coupled with the modest income growth, could suggest a complex economic situation where some residents may be leaving for better opportunities elsewhere, while those who remain are experiencing slight improvements in their economic status.

The demographic makeup of Odessa contrasts with national trends towards increasing diversity. While many urban and suburban areas across the United States have seen significant increases in racial and ethnic diversity over the past decade, Odessa has maintained a highly homogeneous population.

The modest income growth in Odessa aligns somewhat with national trends, where many rural and small-town communities have experienced slower economic growth compared to larger urban areas. The population decline is a concern that many small communities across the country are facing, often due to limited economic opportunities or changing preferences among younger generations.

Odessa shows signs of very gradual demographic changes and modest economic growth, but remains a predominantly white, low-diversity community. The combination of slow population decline and modest income growth suggests a community that may be facing challenges in attracting and retaining residents, particularly those from diverse backgrounds. Addressing these trends may be crucial for ensuring long-term economic vitality and potentially increasing diversity to align more closely with broader national demographic shifts.