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Demographics
Population
Median Income
Racial Distributions
Folsom, Pennsylvania, is characterized as a Low Diversity community with a White Majority. As of 2022, 90% of the population identifies as white, with a median income of $94,311. The city has maintained this demographic profile consistently over the past decade, showing minimal shifts in racial composition.
Throughout the analyzed period (2013-2022), Folsom has remained in the Low Diversity category with a strong White Majority. There have been slight increases in minority populations, particularly in the Black and Hispanic communities, but these changes have been minimal. The white population remained dominant, ranging from 86% to 90%. The Black population increased slightly from 3% to 4%. The Hispanic population grew from 2% to 3%. The population identifying as two or more races increased from 0% to 3%.
The median income in Folsom has shown an upward trend over the past decade. In 2013, it was $79,941. By 2017, it increased to $92,571, and in 2022, it reached $94,311. This represents an overall increase of about 18% in median income from 2013 to 2022. The population has remained relatively stable, fluctuating between about 9,000 and 9,700 residents.
The economic growth appears to have occurred alongside the maintenance of the existing demographic profile, suggesting that the area's economic prosperity has not significantly altered its racial composition or attracted substantial demographic changes.
Folsom appears to be maintaining its demographic status quo. This stability in racial composition, coupled with rising incomes, may indicate a community that is economically prosperous but potentially less open to or attractive for demographic change compared to national averages.
Based on the observed trends, it seems likely that Folsom will continue to be categorized as a Low Diversity community with a White Majority in the near future. However, the slight increases in minority populations, particularly in the "Two or more races" category, could potentially indicate the beginning of a very slow transition.
If current trends continue or slightly accelerate, Folsom might evolve towards a Transitional Community over the next decade or two. This would be characterized by a gradual increase in racial diversity, potentially driven by growth in multiracial families and continued small increases in Black and Hispanic populations.
Given the slow pace of change observed so far, it would likely take significant external factors to push Folsom out of the Low Diversity category in the short to medium term.
The continued economic growth, if sustained, may eventually attract more diverse populations seeking economic opportunities, which could accelerate demographic changes. However, this would depend on factors such as housing availability, community openness to change, and broader regional demographic shifts.