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Demographics
Population
Median Income
Racial Distributions
ZIP code 98052 in Redmond, Washington, transitioned from a White Majority to a Majority-Minority community with Moderate Diversity between 2013 and 2022. The area experienced significant demographic shifts, with the white population decreasing from 61% to 48% and the Asian population increasing from 24% to 36%. This change occurred gradually over the decade, with the transition point around 2020-2021.
The community maintains a Moderate Diversity classification, with Asian and White populations as the two dominant groups. Other racial categories showed minimal changes. Redmond exhibits characteristics of a Transitional Community, particularly in the growth of its Asian population and a slight increase in those identifying as two or more races.
Economic trends in the area show a rising median income, increasing from $117,119 in 2013 to $142,020 in 2022, representing a 21.3% increase over nine years. The population grew by 28.2%, from 60,886 in 2013 to 78,045 in 2022, indicating strong economic opportunities attracting new residents.
The increasing Asian population correlates with the rising median income, suggesting that many new residents may be highly skilled professionals, possibly in the tech industry. This demographic shift has likely contributed to the area's economic growth and rising property values.
Redmond's demographic evolution aligns with broader trends seen in many tech-centric suburbs across the United States. The influx of Asian professionals, particularly in the tech industry, is a pattern observed in areas like Silicon Valley and other tech hubs. However, Redmond's transition appears to be more pronounced and rapid compared to national averages.
The economic growth in Redmond, as evidenced by the rising median income, outpaces national trends. While the U.S. median household income grew by about 10% between 2013 and 2022 (adjusting for inflation), Redmond's growth of 21.3% is significantly higher.
ZIP code 98052 has undergone a significant demographic transformation over the past decade, evolving from a White Majority to a Majority-Minority community with Moderate Diversity. This shift, primarily driven by an increasing Asian population, correlates strongly with economic growth and rising incomes. As a Transitional Community, Redmond exemplifies the changing face of American suburbs, particularly those influenced by the tech industry. These demographic and economic trends are likely to continue shaping the community's character, potentially leading to further diversification and economic development in the coming years.