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Demographics
Population
Median Income
Racial Distributions
The zip code 76034 in Colleyville, Texas, is classified as a "White Majority" area with "Low Diversity" as of 2022. The population is predominantly white (76%) with a median income of $163,561, which is significantly above the national average. This affluent suburban community has undergone subtle demographic changes over the past decade.
From 2017 to 2022, the white population in Colleyville decreased from 84% to 76%, indicating a gradual shift towards increased diversity. Despite still being categorized as "Low Diversity" due to the white population exceeding 75%, the community shows signs of transitioning towards "Moderate Diversity". This is evidenced by growth in other racial groups: the Hispanic population increased from 5% to 9%, the Asian population remained stable at 6-7%, the Black population grew from 1% to 4%, and those identifying as two or more races increased from 1% to 3%.
The increase in diversity has coincided with fluctuations in median income. The median income peaked at $180,844 in 2018 and decreased to $163,561 in 2022, representing a 9.6% decrease over four years. Despite this recent downturn, the median income remains exceptionally high, more than double the national median household income. The population grew steadily from 2010 to 2019, peaking at 26,458 residents, but has slightly declined since 2020, with the 2022 population at 25,617.
The demographic shifts in Colleyville are modest compared to rapid diversification seen in many suburban areas across the United States. The community's high income levels and predominantly white population suggest a slower rate of change compared to national trends towards increased suburban diversity.
The slight decrease in population and median income since 2020 could be related to broader economic factors, including the impact of the COVID-19 pandemic and subsequent economic fluctuations. However, the continued high median income suggests that Colleyville remains an attractive location for affluent residents, even as it slowly becomes more diverse.
Colleyville remains a predominantly white, high-income area, but shows signs of gradual diversification. This "Transitional Community" status, if continued, may lead to more significant demographic changes in the coming years, potentially shifting the area from "Low Diversity" to "Moderate Diversity". The economic implications of these changes will be important to monitor, as they could influence the community's character and appeal to both current and prospective residents.