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Demographic Analysis of Zip Code 78704: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 78704 in Austin, Texas, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 50,327 and a median household income of $86,809. The white population constitutes 62% of the total, with significant representation from Hispanic residents (25%) and growing presence of other racial groups.
Over the past decade, this zip code has maintained its status as a "White Majority" area, but has shown signs of increasing diversity. From 2013 to 2022, the white population decreased from 66% to 62%. The Hispanic population has remained relatively stable at around 26-27% throughout this period. There has been a notable increase in the "Two or More Races" category, rising from 1% in 2013 to 5% in 2022.
The Black and Asian populations have also seen modest increases, both growing from 1-2% in 2013 to 3-4% in 2022. These changes, while small in absolute terms, represent significant relative growth for these communities within the zip code.
The demographic shifts have occurred alongside substantial economic growth. The median household income has risen from $61,670 in 2013 to $86,809 in 2022, an increase of about 41% over nine years. The population has grown from 42,149 in 2013 to 50,327 in 2022, an increase of about 19%.
The trends observed in this zip code align with broader patterns seen in many urban areas across the United States. Many cities have experienced increasing diversity, particularly growth in multiracial populations and Asian communities. The significant income growth is also consistent with trends seen in many rapidly developing urban areas.
The persistence of a white majority in this zip code, despite increasing diversity, is noteworthy. The relative stability of the Hispanic population percentage, despite overall population growth, suggests that while the community is diversifying, it may be doing so at a slower rate than some comparable urban areas.
The economic growth in this zip code has been particularly strong, even compared to national averages. This suggests that the area has been successful in attracting high-income residents or fostering income growth among existing residents. This trend could potentially lead to gentrification concerns if housing costs rise in tandem with incomes.
Zip code 78704 remains a "White Majority" area but shows signs of a gradual transition towards greater diversity. This demographic shift, coupled with strong economic growth, indicates a dynamic, evolving community that may continue to see changes in its racial and economic makeup in the coming years.
