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Demographics
Population
Median Income
Racial Distributions
The zip code 78947 in Lexington, Texas, is classified as having Low Diversity as of 2022. The population is predominantly white, with 83% identifying as such. The current median income is $69,644, which has decreased slightly from the previous year but remains higher than a decade ago.
Over the past decade, this zip code has maintained its Low Diversity status. The white population has consistently comprised over 80% of the total population. The Hispanic population has increased gradually from 7% in 2013 to 11% in 2022. The Black population has decreased slightly from 5% in 2013 to 3% in 2022. The "Two or More Races" category has emerged and grown to 3% by 2022.
The median income in this zip code has shown overall growth over the past decade, with fluctuations. From 2013 to 2022, it decreased slightly from $72,144 to $69,644, with a peak of $79,602 in 2021. The population has remained relatively stable, growing from 4,596 in 2013 to 4,666 in 2022, a modest increase of about 1.5%.
The economic trends do not appear to have a strong correlation with the subtle demographic shifts. The area has maintained a relatively high median income throughout the decade, which may be a factor in the stability of its demographic composition.
The persistent Low Diversity classification of this zip code contrasts with the broader national trend towards increasing diversity in many areas of the United States. The gradual increase in the Hispanic population aligns with broader trends seen in many parts of Texas and the nation. The emergence and growth of the multiracial category reflect a national trend of increasing multiracial identification. The median income in this zip code appears to be above the national median, which was around $70,784 in 2021.
The zip code 78947 in Lexington, Texas, remains categorized as Low Diversity. Subtle demographic shifts and economic fluctuations over the past decade suggest the potential for gradual change. The community appears to be slowly diversifying, particularly with growth in the Hispanic and multiracial populations, while maintaining relatively high median incomes. These trends, if continued, could potentially lead to a more diverse community in the future, though significant changes would likely occur over a longer time frame than the decade analyzed here.