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Demographics
Population
Median Income
Racial Distributions
Zip code 75001 in Addison, Texas, is categorized as a "Moderate Diversity" area as of 2022. The population of 16,996 has a median income of $73,065. The racial composition consists of 43% white, 27% Hispanic, 18% Black, and 7% Asian residents, with no single group holding a clear majority.
Over the past decade, Addison has undergone a significant transformation in its racial composition. In 2013, the area was classified as having a "White Majority" with 51% of the population. By 2017, it had transitioned to a "Majority-Minority" community, with the white population dropping below 50% and other racial groups collectively forming the majority.
The community has consistently moved towards greater diversity since then. The percentage of white residents has decreased from 51% in 2013 to 43% in 2022. The Black population has increased from 12% in 2013 to 18% in 2022. The Hispanic population has remained relatively stable, fluctuating between 22% and 28% over the decade.
The median income in Addison has shown overall growth, rising from $65,935 in 2013 to $73,065 in 2022, an increase of about 11%. The median income peaked at $77,211 in 2018 before declining slightly in subsequent years. Between 2013 and 2018, as the community transitioned from a "White Majority" to a "Majority-Minority" area, the median income increased by about 17%.
The demographic shifts observed in Addison align with broader trends seen across many urban and suburban areas in the United States. Many communities are experiencing increased racial and ethnic diversity, particularly in suburbs of major metropolitan areas.
The economic trajectory of Addison reflects the complex interplay between demographic changes and economic factors. While the area has maintained a relatively high median income compared to national averages, the recent plateauing and slight decline in income levels may warrant attention from local policymakers and community leaders.
Addison exemplifies a "Transitional Community" that has evolved from a "White Majority" area to one of "Moderate Diversity" over the past decade. This demographic shift has been accompanied by overall economic growth, though recent years have seen some economic challenges. As the community continues to diversify, it will be crucial to monitor how these changes impact local economic conditions and community dynamics.