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Demographics
Population
Median Income
Racial Distributions
ZIP code 78754 in Austin, Texas, is classified as a "Moderate Diversity" community as of 2022. The area has a population of 22,891 and a median income of $79,772. The racial composition shows no single group forming a majority, with Hispanics comprising 35%, Whites 27%, Blacks 19%, and Asians 16% of the population.
Over the past decade, this zip code has experienced significant changes in its racial composition. In 2013, the area was categorized as having a "Hispanic Plurality" with 34% Hispanic population. By 2022, it evolved into a "Moderate Diversity" category, with multiple racial groups having substantial representation. The Asian population showed the most notable growth, increasing from 13% in 2013 to 16% in 2022, with a peak of 18% in 2021.
The Hispanic population, while remaining the largest group throughout the decade, has fluctuated, reaching 40% in 2017 before settling at 35% in 2022. The White population has remained relatively stable at around 27-30%. The Black population has shown variability, ranging from 13% to 20% over the years, ending at 19% in 2022.
The demographic shifts correlate with significant economic changes. The median income increased from $66,159 in 2013 to $79,772 in 2022, representing a 20.6% increase. This growth suggests improving economic conditions in the area. The population more than doubled from 10,201 in 2010 to 22,891 in 2022, indicating rapid development and increased attractiveness of the area. Despite the overall upward trend, there were fluctuations in median income, particularly a rise to $87,785 in 2021 before a decrease in 2022.
The rapid population growth in this zip code likely outpaces the overall growth rate of Austin or Texas, suggesting it is a particularly dynamic and developing area. The increase in diversity, especially the growth of the Asian population, may reflect broader trends in tech-centric cities like Austin, which often attract diverse, skilled workers from various backgrounds. The median income growth, while significant, may align with broader trends in Austin, known for its booming tech industry and rising cost of living.
In conclusion, ZIP code 78754 has transformed over the past decade from a community with a Hispanic plurality to one of moderate diversity, accompanied by significant population growth and rising incomes. These changes likely reflect broader economic and demographic shifts in the Austin area, potentially driven by factors such as tech industry growth, urban development, and changing migration patterns.