The Cascade Team Blog

Diversity can be a good thing for the housing market in keeping housing prices strong, HousingWire reports.

What are the most diverse neighborhoods in the country? The most diverse city is in Irving, Texas, where the racial make up is 26 percent Asian, 25 percent black, 23 percent Hispanic, and 23 percent white, according to a trend report by Trulia. 

The following are the most diverse neighborhoods in the country, according to the report: 

1. Irving/Dallas (ZIP: 75038)
2. Queens Village/New York (ZIP: 11428)
3. Treasure Island/San Francisco (ZIP: 94130)
4. Lakemont/Houston (ZIP: 77407)
5. Wahiawa/Honolulu (ZIP: 96786)
6. Kahuku/Honolulu (ZIP: 96731)

7. Rainer View/Seattle (ZIP: 98178)

8. Dorchester/Boston (ZIP: 02125)

According to HousingWire, diversity can be good for housing markets. “When comparing diverse neighborhoods – no racial or ethic group accounts for more than 50 percent of the population – the more diverse, the higher the population growth and stronger housing price growth,” reports Christina Mlynski.

Source: “The Most Diverse American Neighborhood Is in North Texas,” HousingWire (Nov. 13, 2012)