Alongside this demographic shift, Towson has experienced substantial economic growth. The median income has risen from $88,352 in 2013 to $99,488 in 2022, representing a 12.6% increase. This economic growth has occurred in tandem with the increasing diversity, suggesting that the area has remained attractive to a range of socio-economic groups.

The population has remained relatively stable over this period, with only minor fluctuations, indicating that the demographic changes are likely due to organic shifts within the existing population and gradual in-migration rather than rapid, large-scale population changes.

Towson's trends align with broader patterns seen in many suburban areas near major cities. The gradual increase in diversity and rising median incomes are often characteristic of evolving suburban communities, particularly those near educational institutions or growing economic centers.

Based on the observed trends, Towson is likely to continue its trajectory towards increased diversity. If current trends persist, Towson might transition into a High Diversity category within the next decade. The white population may fall below 65%, while Black, Asian, and Hispanic populations continue to grow.

Economically, the steady increase in median income suggests continued prosperity. However, as diversity increases, it will be important to monitor income distribution across different racial groups to ensure equitable economic growth.

Towson presents a picture of a gradually diversifying, economically strong suburban community. Its evolution from a predominantly white, low-diversity area to a moderately diverse, white-majority community with growing minority representation reflects broader demographic shifts seen in many American suburbs. The parallel economic growth suggests that this diversification has been accompanied by continued prosperity, potentially making Towson an attractive destination for a wide range of residents.