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Demographics
Population
Median Income
Racial Distributions
The Mark Twain neighborhood in Richardson, Texas, has undergone significant demographic changes, transitioning from a moderately diverse community to a Hispanic-majority area. As of 2022, the neighborhood has a population of 3,204 and a median income of $57,860. This study examines the demographic shifts and economic trends in the Mark Twain neighborhood over the past decade.
In 2013, Mark Twain exhibited moderate diversity, with a relatively even distribution among White (32%), Hispanic (31%), and Black (24%) populations. By 2018, the neighborhood had transitioned to a White plurality, with the White population reaching 59%. A significant shift occurred between 2018 and 2019, transforming the area into a Hispanic majority. The Hispanic population increased from 30% to 60%, while the White population decreased from 59% to 33%.
From 2019 to 2022, Mark Twain has maintained its status as a majority-minority community, with the Hispanic population consistently representing over 50% of residents. This period is characterized as a transitional community, as the racial composition continues to evolve with slight fluctuations in the Hispanic and White populations.
The demographic shifts in Mark Twain correlate with changes in median income. From 2013 to 2018, the median income remained relatively stable, ranging from $50,623 to $54,814. In 2019, coinciding with the rapid increase in Hispanic population, there was a notable increase in median income to $60,200. The most significant economic change occurred in 2020 and 2021, with median incomes rising to $76,495 and $76,808 respectively. In 2022, there was a sharp decline in median income to $57,860, despite the continued Hispanic majority.
The demographic shift in Mark Twain reflects broader trends seen in many urban and suburban areas across the United States, where Hispanic populations are growing rapidly. The economic trajectory of the neighborhood, particularly the sharp increase and subsequent decrease in median income, may be indicative of broader economic volatility in the region or nation.
In conclusion, the Mark Twain neighborhood has undergone a significant transformation over the past decade, evolving from a moderately diverse community to a Hispanic-majority area. This demographic shift has been accompanied by notable fluctuations in median income, highlighting the complex interplay between racial composition and economic factors in this community.