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Demographics
Population
Median Income
Racial Distributions
Corinth, Texas, is predominantly a White Majority community with a median income of $109,253 as of 2022. The city's demographic composition indicates Low Diversity, with the white population comprising 69% of the total. The demographic makeup of Corinth has shown signs of gradual change over the past decade.
Over the past ten years, Corinth has maintained its status as a White Majority community, but with a trend towards increased diversity. The white population decreased from 74% in 2013 to 69% in 2022. This gradual decline suggests a slow transition towards a more diverse community.
The Hispanic population has shown the most significant growth, increasing from 14% in 2013 to 15% in 2022, with a peak of 18% in 2019. The Black population has also grown from 5% to 8% during this period. These changes indicate that Corinth is becoming a Transitional Community, moving slowly from Low Diversity towards Moderate Diversity.
Corinth has experienced substantial economic growth over the past decade. The median income has risen from $94,252 in 2013 to $109,253 in 2022, representing a 15.9% increase. The population has grown from 24,623 in 2013 to 27,313 in 2022, a 10.9% increase. This population growth, coupled with rising incomes and increasing diversity, indicates a dynamic and evolving community.
Corinth's trends align with broader patterns seen in many suburban areas across the United States. The gradual increase in diversity, particularly in Hispanic and Black populations, reflects national demographic shifts. The significant income growth suggests that Corinth may be outpacing national averages in economic prosperity.
Based on the observed trends, Corinth is likely to continue its trajectory towards increased diversity. If current trends persist, within the next 5-10 years, Corinth may transition from a Low Diversity, White Majority community to a Moderate Diversity community. The Hispanic and Black populations are likely to continue growing, potentially reaching or exceeding 20% and 10% respectively.
Economically, if the upward trend in median income continues, Corinth may see further increases in property values and potentially attract more high-income, diverse professionals. This could accelerate the demographic shift and potentially lead to changes in local businesses, services, and community dynamics to cater to a more diverse population.
Corinth is likely to maintain its predominantly white, affluent character for the foreseeable future, even as it becomes more diverse. The city's leadership and community will need to navigate these changes to ensure inclusive growth and maintain the city's economic prosperity while embracing its evolving demographic makeup.