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Demographics
Population
Median Income
Racial Distributions
Zip code 75070 in McKinney, Texas, is classified as a "Moderate Diversity" community as of 2022. The population is 57,563 with a median income of $107,030. The racial composition consists of 51% white, 19% Asian, 13% Black, and 13% Hispanic residents.
This zip code has transitioned from a "White Majority" community to one of "Moderate Diversity" over the past decade. In 2013, the white population was 62%, decreasing to 51% by 2022. The Asian population increased from 7% in 2013 to 19% in 2022. Black and Hispanic populations also experienced modest increases.
The area has undergone economic growth alongside demographic changes. The median income increased from $94,850 in 2013 to $107,030 in 2022, a 13% rise over nine years. The population grew from 36,399 in 2013 to 57,563 in 2022, a 58% increase.
The correlation between increasing diversity and rising median income suggests the area is attracting a diverse, affluent population. This may indicate that the area is becoming desirable for highly skilled professionals from various backgrounds.
The demographic shifts in this zip code align with trends seen in many suburban areas near major metropolitan centers in the United States. The growing Asian population mirrors national trends of Asian communities expanding in suburban areas, often associated with technology and professional sectors.
The zip code's median income of $107,030 is significantly higher than the U.S. median household income of $70,784 in 2022, indicating an affluent area. The population growth and income increase suggest this zip code is outperforming many areas nationally.
This zip code represents a "Transitional Community." If current trends continue, it may evolve into a "High Diversity" area. This demographic evolution, coupled with strong economic growth, suggests a community in transition, likely influenced by broader regional economic factors and changing patterns of suburban settlement in the United States.