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Demographic Shifts in Mcoy Estates: From Majority-Minority to White Majority (2013-2022)
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Mcoy Estates neighborhood in Carrollton, Texas, has undergone significant demographic changes from 2013 to 2022. As of 2022, it is categorized as a "White Majority" community with a median income of $92,414. The neighborhood has transitioned from a more diverse composition to its current status over the past decade. The population of Mcoy Estates has decreased from 816 residents in 2017 to 423 in 2022.
From 2013 to 2017, Mcoy Estates was classified as a "Majority-Minority" community. The Hispanic population was the largest group, comprising over 35% of the population, with White residents as the second-largest group. In 2018-2019, the neighborhood transitioned to a "Moderate Diversity" classification. The White population increased to become the largest group, while the Hispanic population decreased significantly.
From 2020 to 2022, Mcoy Estates shifted to a "White Majority" status, with the White population consistently exceeding 50% and reaching 65% by 2022. This period also saw a notable increase in the Asian population and a continued decrease in the Hispanic population. These shifts suggest a significant demographic transformation, potentially driven by factors such as gentrification, changes in local economic opportunities, or broader migration patterns.
The median income in Mcoy Estates has shown an overall upward trend, increasing from $86,598 in 2013 to $92,414 in 2022. This rise in median income correlates with the increase in the White and Asian populations. The most substantial income jump occurred between 2015 and 2016, coinciding with a significant increase in the Asian population and a decrease in the Hispanic population. Despite the overall population decrease, the median income has remained relatively stable in recent years.
The demographic shifts observed in Mcoy Estates align with broader trends seen in many suburban areas across the United States. The significant decrease in the Hispanic population, from 46% in 2015 to 14% in 2022, is particularly noteworthy. The neighborhood's median income of $92,414 in 2022 is higher than the national median household income, suggesting that Mcoy Estates is an affluent area within the broader context of Carrollton and the United States.
The population decrease from 816 in 2017 to 423 in 2022 is unusual and could be the result of factors such as housing redevelopment, changes in zoning laws, or shifts in the local economy. In conclusion, Mcoy Estates has evolved from a diverse, majority-minority community to a predominantly White, affluent neighborhood. These changes reflect complex interplays between demographic shifts, economic factors, and possibly local policy decisions, illustrating the dynamic nature of suburban communities in the face of broader societal trends.
