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Demographics
Population
Median Income
Racial Distributions
Medford, New York, exhibits demographic changes from 2013 to 2022. The community is classified as having a "White Majority" with 62% of the population identifying as white in 2022. This classification, however, does not fully represent the significant shifts in racial composition and economic landscape of the area.
Over the past decade, Medford has been transitioning from a "Low Diversity" community towards "Moderate Diversity". In 2013, the white population constituted 70% of the total. By 2022, this had decreased to 62%, while the Hispanic population grew from 19% to 27%, and the Asian population increased from 2% to 3%. The black population has remained relatively stable, fluctuating between 5% and 9% over the decade.
The median income in Medford has shown overall growth, rising from $105,019 in 2013 to $104,116 in 2022, with fluctuations in between. There was a significant increase to $115,828 in 2021 before a decline in 2022. This generally upward trend in income correlates with the increasing diversity, suggesting that the influx of new residents may be contributing to economic growth in the area.
The population has remained relatively stable, with a slight decrease from 24,825 in 2013 to 24,738 in 2022. This stability, combined with increasing diversity and rising incomes, indicates a gradual transformation of the community's socio-economic fabric.
The trends observed in Medford align with broader national patterns of increasing diversity in suburban areas. The growth of the Hispanic population reflects nationwide demographic shifts.
Based on the observed trends, Medford is likely to continue its trajectory towards greater diversity. If current patterns persist, within the next decade, the community may transition from a "White Majority" to a "Majority-Minority" status. The Hispanic population could become the largest minority group and potentially approach plurality status.
Economically, the area seems poised for continued growth, assuming the correlation between increasing diversity and rising median incomes continues. However, the recent decline in median income in 2022 should be monitored to determine if it is an anomaly or the beginning of a new trend.
Medford exemplifies a "Transitional Community" moving towards greater racial and ethnic diversity. This transition appears to be accompanied by economic growth, suggesting a dynamic and evolving local landscape that may present both opportunities and challenges for community cohesion and development in the coming years.