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Demographics
Population
Median Income
Racial Distributions
Zip code 79423 in Lubbock, Texas, is classified as a "White Majority" community with moderate diversity as of 2022. The white population comprises 60% of the total, while the Hispanic population represents 31%. The area has experienced consistent population growth and a substantial increase in median income over the past decade, indicating a robust local economy.
The demographic composition of this zip code has evolved over the past decade. While maintaining its "White Majority" status, the area has shown a trend towards increased diversity. The white population decreased from 67% in 2013 to 60% in 2022, while the Hispanic population increased from 25% to 31% during the same period. This shift suggests a gradual transition towards a more diverse community. The Asian and Black populations have also seen slight increases, contributing to the overall diversification of the area.
The economic trends in this zip code have been positive. The median income rose from $64,660 in 2013 to $81,816 in 2022, representing a 26.5% increase over nine years. This income growth outpaces inflation and indicates improving economic conditions for residents across racial groups. The population grew from 33,232 in 2013 to 42,106 in 2022, a 26.7% increase. This population growth, combined with rising incomes, suggests that the area is attracting new residents.
The demographic trends in this zip code align with broader national patterns of increasing diversity in suburban and urban areas. The growth of the Hispanic population reflects nationwide demographic shifts. However, the area's retention of a white majority distinguishes it from many urban centers that have transitioned to "Majority-Minority" status.
The income growth in this zip code exceeds national averages, indicating that this area of Lubbock is experiencing stronger economic growth than many other parts of the country. This economic vitality may be a key factor in attracting a more diverse population while maintaining a relatively high standard of living.
Zip code 79423 in Lubbock, Texas, presents a community in transition. It is steadily moving towards greater diversity while still categorized as a "White Majority" area. This demographic shift is occurring alongside strong economic growth, as evidenced by rising incomes and population expansion. These trends suggest a dynamic community that is successfully navigating demographic changes while maintaining economic prosperity.