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Demographics
Population
Median Income
Racial Distributions
Treasure Lake, Pennsylvania, is classified as a Low Diversity community with a strong White Majority. As of 2022, the white population comprises 94% of the total, surpassing the 75% threshold for Low Diversity classification. The city's median income in 2022 was $74,861, with a population of 5,140.
Throughout the past decade, Treasure Lake has maintained its status as a Low Diversity community with a White Majority. The Hispanic population has shown a gradual increase from 3% in 2013 to 5% in 2022. In 2022, the Asian population appeared for the first time at 1%. Despite these changes, the community remains within the Low Diversity category due to the white majority.
The median income in Treasure Lake has fluctuated over the past decade. From 2013 to 2022, the median income increased from $67,150 to $74,861, representing an 11.5% growth. The median income peaked in 2021 at $84,576 before declining in 2022. The population has experienced fluctuations, reaching a low of 4,637 in 2018 before rebounding to 5,140 in 2022.
Treasure Lake's demographic composition contrasts with national trends towards increasing diversity. Many urban and suburban areas across the U.S. have been experiencing more rapid diversification and transitions to Majority-Minority or High Diversity categories.
Based on observed trends, Treasure Lake is likely to remain a Low Diversity community with a White Majority in the near future. However, the gradual increase in Hispanic population and the recent emergence of an Asian population suggest a slow transition towards greater diversity. If current trends continue, a continued gradual increase in the Hispanic population, potentially reaching 7-8% within the next 5-10 years, is expected. Further growth in the Asian population, possibly to 2-3% in the same timeframe, may occur. A potential transition from Low Diversity to Moderate Diversity category in the long term (15-20 years) is possible if the growth of minority populations accelerates.
Economically, the area may continue to see income growth, but the recent decline suggests potential volatility. The community might experience further population growth if it can attract more diverse residents, potentially influencing future economic trends. While these changes are occurring, they are happening at a pace that suggests Treasure Lake will maintain its current demographic character for the foreseeable future, with only gradual moves towards greater diversity.