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Demographics
Population
Median Income
Racial Distributions
Zip code 78729 in Austin, Texas, transitioned from a "White Majority" area to one of "Moderate Diversity" between 2013 and 2022. In 2013, the white population constituted 60% of the total, meeting the criteria for a "Racial Majority." By 2022, this percentage decreased to 54%, while other racial groups increased. The Asian population grew from 8% in 2013 to 13% in 2022, and the Hispanic population remained stable around 20-23%. The Black population increased from 5% to 8% over this period.
Concurrent with these demographic changes, the area experienced economic growth. The median income rose from $71,287 in 2013 to $87,971 in 2022, an increase of about 23%. The population grew from 26,426 in 2013 to 30,638 in 2022, an increase of about 16%. This population growth, combined with rising incomes and increasing diversity, indicates the area becoming increasingly attractive to a wider range of residents.
The demographic shifts in this zip code align with broader trends seen in many urban and suburban areas across the United States. Many cities, particularly in the Sun Belt region where Austin is located, have been experiencing increased diversity and economic growth over the past decade. The increase in median income in this zip code outpaces the national average, suggesting that this area of Austin may be experiencing more rapid economic development than many other parts of the country.
The growing Asian population in this zip code reflects national trends, particularly in tech-oriented cities like Austin. The stable Hispanic population percentage, despite overall population growth, indicates that the community is attracting a balanced mix of new residents from various backgrounds.
Zip code 78729 in Austin has evolved from a predominantly white area to a more diverse, economically prosperous community over the past decade. This transition reflects both local dynamics and broader national trends towards increased diversity in suburban areas, particularly those associated with growing, tech-oriented cities. The positive correlation between increasing diversity and rising incomes suggests that this demographic shift has been accompanied by, and possibly contributed to, economic growth in the area.