Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 75470 in Petty, Texas, is classified as a "Low Diversity" community with a "White Majority" comprising 84% of the population as of 2022. The population has grown from 136 residents in 2010 to 191 in 2022. The median income in the area has increased from $52,462 in 2013 to $71,249 in 2022.
From 2013 to 2022, Petty maintained its status as a "White Majority" community. However, there were subtle shifts within this classification. During the period of 2015-2019, the community showed signs of becoming a "Transitional Community." The percentage of Hispanic residents increased from 3% in 2013 to 17% in 2017 and 2019, while the white population decreased from 80% to 72%. This period also saw the highest representation of residents identifying as two or more races (6% in 2018 and 2019).
From 2020 onwards, there was a reversal of this trend. The white population increased to 86% in 2020 and stabilized at 84% in 2021-2022, while the Hispanic population decreased to 8-9%. This shift solidified the area's classification as "Low Diversity."
The demographic shifts correlate with economic changes. During the transitional period (2015-2019), median income growth was moderate, increasing from $54,739 to $62,021. The reversal to low diversity coincided with a significant jump in median income, rising from $62,021 in 2019 to $71,249 in 2020, a 14.9% increase in a single year. Since 2020, median income has remained stable at around $71,000, coinciding with the stabilization of racial demographics.
The income growth in Petty outpaces national averages. The median household income in the U.S. grew by about 10% between 2015 and 2020, while Petty saw an increase of nearly 30% in the same period. The reversal of diversity trends in Petty goes against the national trend of increasing diversity in many communities across the United States. The small population size of Petty (191 in 2022) means that even minor changes in resident composition can lead to significant percentage shifts in demographic statistics.
Petty presents a case of a small, predominantly white community that briefly showed signs of increasing diversity before reverting to a more homogeneous demographic composition. This demographic shift coincided with substantial economic growth, raising questions about the interplay between racial composition, economic opportunities, and community dynamics in small rural areas.