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Demographic Analysis of 94061 Zip Code: Transition to Moderate Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The 94061 zip code in Redwood City, California, demonstrates a Moderate Diversity profile as of 2022. The population is 37,070 with a median income of $120,936, indicating an affluent and diverse community within the San Francisco Bay Area.
Over the past decade, this zip code transitioned from a White Plurality community to one of Moderate Diversity. In 2013, the White population constituted 47%, followed by Hispanic at 40%. By 2022, no single racial group held a majority or plurality, with White (42%), Hispanic (38%), and Asian (13%) forming the largest groups.
The most significant changes include a decrease in the White population from 47% to 42%, an increase in the Asian population from 7% to 13%, a slight decrease in the Hispanic population from 40% to 38%, and small increases in Black, Pacific Islander, and multiracial populations. This shift suggests a trend towards increasing diversity, potentially categorizing the area as a Transitional Community.
The demographic shifts correlate with economic changes. The median income increased from $102,066 in 2013 to $120,936 in 2022, an 18.5% increase. This growth suggests the area has attracted more affluent residents, particularly in the growing Asian demographic. The population decreased slightly from 38,563 in 2020 to 37,070 in 2022, potentially indicating a trend of smaller, wealthier households replacing larger families.
The trends in this zip code align with broader patterns in the San Francisco Bay Area. The increase in Asian population and rising income levels are consistent with the growth of the tech industry in Silicon Valley. The slight decrease in the Hispanic population may reflect gentrification pressures common in many Bay Area communities.
The transition towards greater diversity in this zip code mirrors national trends towards increasing multiculturalism, particularly in urban and suburban areas. However, the high median income sets this area apart from many other diverse communities nationally, reflecting the unique economic dynamics of the Bay Area.
The 94061 zip code in Redwood City represents a Moderately Diverse, affluent community that has undergone significant demographic and economic changes over the past decade. These shifts reflect broader regional trends related to the tech industry's growth and the increasing diversity of the Bay Area, while also highlighting potential challenges related to affordability and community change.
