Demographic Analysis of Troy, NY (12180): White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
The zip code 12180 in Troy, New York, is classified as a "White Majority" community with moderate diversity as of 2022. The white population comprises 69% of the total, with other racial groups having significant representation. The median income in 2022 was $63,468, and the population was 54,276.
Troy has maintained its "White Majority" status over the past decade, but has shown a gradual trend towards increased diversity. The white population decreased from 73% in 2013 to 69% in 2022, indicating a slow but steady shift towards a more diverse racial composition.
The community has been moving towards the "Moderate Diversity" category, with Black and Hispanic populations consistently representing significant portions of the population (approximately 12% and 8% respectively in 2022). The Asian population has seen a slight increase from 4% to 5% over the decade.
The percentage of people identifying as two or more races has increased from 3% in 2013 to 5% in 2022, suggesting a trend towards a more mixed-race population. This could potentially indicate a transition towards a "Transitional Community" if this trend continues or accelerates in the coming years.
The median income in Troy has shown an overall upward trend, increasing from $55,277 in 2013 to $63,468 in 2022. This represents a growth of about 14.8% over the decade. There have been fluctuations, with a peak of $69,675 in 2021 before a decrease in 2022.
The population has shown steady growth, increasing from 52,652 in 2013 to 54,276 in 2022, a growth of about 3.1%. This population growth, coupled with the increasing diversity and rising median income, suggests that Troy may be becoming more attractive to a wider range of residents.
The trends observed in Troy align with broader national patterns of increasing diversity in many urban areas. The gradual decrease in the white majority percentage and the increase in mixed-race identification are consistent with national demographic shifts.
The economic growth observed in Troy, with median income increasing by 14.8% over the decade, outpaces the national inflation rate for the same period, suggesting real economic gains for the community. The recent dip in median income from 2021 to 2022 may reflect broader economic challenges faced nationwide, such as the economic impacts of the COVID-19 pandemic and subsequent inflation.
Troy (zip code 12180) presents a picture of a gradually diversifying community with overall positive economic growth. While it remains a "White Majority" area, the increasing representation of other racial groups and the growing mixed-race population suggest a trajectory towards greater diversity in the coming years. This demographic evolution, coupled with economic growth, may be reshaping the local community dynamics and potentially attracting a more diverse population to the area.