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Demographics
Population
Median Income
Racial Distributions
Zip code 79124 in Amarillo, Texas, is classified as a "Low Diversity" area as of 2022. The population is predominantly white, comprising 79% of the total 12,871 residents. The median income is $93,710, indicating an affluent community.
Over the past decade, this zip code has maintained its "Low Diversity" status. The white population has consistently remained the dominant racial group, comprising over 75% of the total population. The Hispanic population has shown a steady increase from 11% in 2013 to 17% in 2022, suggesting a slow but consistent diversification. Other racial groups, including Black, Asian, and Native American populations, have remained relatively stable with minor fluctuations.
The economic landscape of this zip code has shown correlations with its demographic shifts. The median income has increased from $87,316 in 2013 to $93,710 in 2022, representing a 7.3% growth over the decade. There have been notable fluctuations in median income, with a peak of $99,504 in 2019 followed by a drop to $86,583 in 2020, likely due to the COVID-19 pandemic. The subsequent recovery to $93,710 in 2022 indicates resilience in the local economy.
The population has grown from 11,510 in 2013 to 12,871 in 2022, an 11.8% increase. This growth, coupled with the rising median income, suggests that the area is becoming increasingly attractive to new residents.
The median income in this zip code ($93,710 in 2022) is higher than the national median household income, which was around $70,784 in 2021. This indicates that this area is more affluent than the average American community. The low diversity of this zip code contrasts with national trends towards increasing diversity in many urban and suburban areas. However, the gradual increase in the Hispanic population aligns with broader demographic shifts seen across many parts of the United States.
The economic resilience demonstrated by the quick recovery of median income post-2020 may indicate that this community was less severely impacted by the economic downturn associated with the COVID-19 pandemic compared to many other areas in the country.
In conclusion, this zip code maintains its status as a predominantly white, affluent area with low diversity. Subtle demographic shifts and economic fluctuations over the past decade hint at gradual changes. The increasing Hispanic population and overall population growth, combined with generally rising incomes, suggest that the area is slowly evolving while maintaining its economic strength. These trends will be important to monitor in the coming years to see if they accelerate, potentially leading to more significant demographic and economic changes in the future.