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Demographic Analysis of 94803 Zip Code: High Diversity and Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The 94803 zip code in Richmond, California, is categorized as a "High Diversity" area as of 2022. No single racial group comprises more than 40% of the population, and at least three groups have significant representation (over 10% each). The community consists of White (33%), Hispanic (25%), Asian (21%), and Black (13%) residents, with smaller percentages of other racial groups. This diverse composition is accompanied by a median income of $98,647.
Over the past decade, the 94803 zip code has maintained its "High Diversity" status. The White population has declined from 37% in 2013 to 33% in 2022. The Hispanic population has increased from 21% in 2013 to 25% in 2022. The Asian population has remained relatively stable between 18% and 22%. The Black population has decreased from 16% in 2013 to 13% in 2022. These changes indicate a trend towards increasing diversity, with a reduction in the White population share and increases in Hispanic and Asian populations.
The median income in the zip code has shown an upward trend, rising from $88,303 in 2013 to $98,647 in 2022, with a peak of $105,640 in 2021. This represents an overall increase of about 11.7% over the decade. The population has grown from 23,303 in 2013 to 24,439 in 2022, an increase of about 4.9%.
The correlation between demographic shifts and economic trends is notable. As the community has become slightly more diverse, with increases in Hispanic and Asian populations, the median income has also risen. This could indicate that the area is attracting affluent members of various ethnic groups.
The trends observed in this zip code align with broader patterns seen in many urban and suburban areas of California. The increasing diversity, particularly the growth in Hispanic and Asian populations, is consistent with statewide demographic shifts. The rising median income also reflects the overall economic growth experienced in many parts of the San Francisco Bay Area over the past decade.
The level of diversity and economic prosperity in this zip code appears to be higher than national averages. The median household income of $98,647 in 2022 is significantly above the national median, which was around $70,784 in 2021. This suggests that the 94803 zip code is a particularly prosperous area within the broader context of the United States.
The 94803 zip code in Richmond, California, presents a picture of a highly diverse community with strong economic indicators. The area has maintained its high diversity while experiencing subtle demographic shifts and significant economic growth over the past decade. These trends suggest a dynamic community that continues to evolve while maintaining a balanced and diverse population.
