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Demographic Analysis of Cape Neddick, Maine (03902): A Study of Racial Composition from 2013-2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Cape Neddick, Maine (zip code 03902) is classified as a "Low Diversity" community. As of 2022, the area has a white majority of 95% and a Black population of 5%. The community's median income in 2022 was $98,474.
Cape Neddick has maintained its status as a "Low Diversity" community over the past decade. The white population has consistently remained above 95% from 2013 to 2022. A small Black population (5%) emerged in the data for the first time in 2022.
The median income in Cape Neddick increased from $88,306 in 2013 to $98,474 in 2022, representing an overall growth of about 11.5%. There was a significant increase in median income from 2019 ($97,132) to 2021 ($129,263), followed by a decrease in 2022.
The population of Cape Neddick increased from 2,142 in 2010 to 2,779 in 2022, representing about a 30% increase over the decade.
Cape Neddick's lack of racial diversity contrasts with national trends showing increasing diversity in many parts of the United States. The area's high median income and its growth over the past decade likely outpace national averages. The stability in racial composition, despite economic growth and population increase, may indicate barriers to entry that limit demographic changes.
Cape Neddick is a stable, affluent, predominantly white community that has seen economic growth and population increase over the past decade, with minimal signs of racial diversification. This stability in both racial composition and economic status suggests that the community has been relatively insulated from broader national trends towards increasing diversity.
