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Demographic Analysis of Manhattan Zip Code 10016: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 10016 in Manhattan, New York, exhibited a demographic profile categorized as "Moderate Diversity" in 2022. The white population constituted 59% of the total, falling short of a "White Majority" classification. The area's median income was $128,650 in 2022, indicating an affluent neighborhood, though this represented a decrease from the previous year.
Over the past decade, this Manhattan zip code has undergone demographic changes. In 2013, the area was classified as having "Low Diversity" with a white population of 69%. By 2022, the community transitioned to "Moderate Diversity" as the white population decreased to 59%. The Asian population increased from 14% in 2013 to 19% in 2022, while the Hispanic population grew from 8% to 12% over the same period. These shifts suggest a trend towards increased diversity.
The community also saw an increase in residents identifying as two or more races, growing from 1% in 2013 to 5% in 2022. This trend aligns with the characteristics of a "Transitional Community," indicating a gradual move towards increased diversity.
The median income in this zip code has fluctuated over the years but has generally remained high. From $138,357 in 2013, it peaked at $152,263 in 2021 before dropping to $128,650 in 2022. This recent decline could be attributed to various factors, including economic impacts or changes in the local job market.
The increase in diversity has coincided with periods of both economic growth and decline. The highest median income (2021) corresponded with one of the most diverse years in terms of racial composition. This suggests that the area's increasing diversity has not negatively impacted its overall economic status.
Population figures have remained relatively stable over the decade, hovering around 50,000 residents. This stability, combined with the changing racial demographics, indicates that the diversity shift is likely due to changing resident composition rather than significant influxes of new populations.
The trends observed in this Manhattan zip code align with broader patterns seen in many urban areas across the United States. Many cities have experienced increasing diversity, particularly with growth in Asian and Hispanic populations. The maintenance of high median incomes alongside increasing diversity is also consistent with trends in other affluent urban areas.
The recent drop in median income from 2021 to 2022 is noteworthy and may warrant further investigation. It could be part of a broader economic trend affecting Manhattan or New York City as a whole.
Zip code 10016 in Manhattan represents a moderately diverse, affluent urban area that has been gradually transitioning towards greater racial diversity over the past decade. While maintaining its economic strength, the community has seen significant increases in its Asian, Hispanic, and multiracial populations, reflecting broader urban demographic trends.
