The median income in Pharr has fluctuated significantly over the past decade. Starting at $41,556 in 2013, it decreased to a low of $32,217 in 2021 before sharply increasing to $48,631 in 2022. This volatility in income levels suggests economic instability within the community, which may be influenced by or influencing the city's demographic homogeneity.

The population has grown steadily from 73,785 in 2013 to 80,170 in 2022, indicating a modest but consistent attraction to the area despite the economic fluctuations.

Pharr's demographic profile is notably different from many other U.S. cities. The overwhelming Hispanic majority and low representation of other racial groups suggest that Pharr may be experiencing less demographic change compared to national trends towards increasing diversity in urban areas.

Based on the observed trends, it is likely that Pharr will continue to be categorized as a "Low Diversity" community in the near future. The consistent increase in the Hispanic population percentage suggests this trend will persist. However, if economic conditions continue to improve as indicated by the sharp increase in median income in 2022, it's possible that Pharr could begin to attract a more diverse population.

In the long term, if economic growth continues and attracts new residents from various backgrounds, Pharr might gradually transition towards a "Moderate Diversity" category. This would require significant changes in migration patterns and economic opportunities to attract and retain a more diverse population.

Given the strong existing demographic makeup, any such transition would likely be slow and take place over many years or even decades. In the meantime, Pharr's community and local institutions will likely continue to be shaped predominantly by Hispanic culture and interests, with potential for increased economic prosperity if the recent income trends continue.