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Demographic Analysis of Waccabuc: A Study of Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Waccabuc, a neighborhood in Lewisboro, New York, currently exhibits a Low Diversity demographic profile with a White Majority. As of 2022, the community is characterized by a predominantly white population (85%) with a median income of $178,574. Waccabuc is known for its exclusive nature, being home to several notable residents and featuring a private lake club, which contributes to its reputation as one of the wealthiest and most secluded communities in the New York metropolitan area.
Over the past decade, Waccabuc has maintained its status as a Low Diversity community with a persistent White Majority. However, there have been subtle shifts towards increased diversity. In 2013, the white population comprised 93% of the total. By 2022, this percentage decreased to 85%, suggesting a gradual trend towards greater diversity, albeit still within the Low Diversity category. The community briefly touched the cusp of Moderate Diversity around 2019-2020, with the white population dropping to 78-81%, but it did not fully transition into this category.
The economic profile of Waccabuc has remained consistently affluent throughout the observed period. Median income rose from $155,480 in 2013 to $178,574 in 2022, an increase of about 15% over nine years. The peak median income was recorded in 2021 at $187,327. The slight increase in diversity coincided with a general upward trend in median income, indicating that the incoming diverse population likely belongs to high-income brackets.
Population figures show a fluctuating trend. The population increased from 4,211 in 2013 to a peak of 4,721 in 2017. Since then, there has been a decline to 3,640 in 2022, representing a decrease of about 23% from the 2017 peak. This population decline, coupled with increasing diversity and rising incomes, might suggest a shift in the community's composition, possibly due to factors such as aging residents, changing family sizes, or evolving preferences for urban vs. suburban living among high-income households.
Waccabuc's median income far exceeds the national median (which was around $70,000 in 2021), placing it among the most affluent communities in the United States. The trend towards increased diversity, albeit slow, aligns with broader national trends of suburban diversification, though Waccabuc remains significantly less diverse than national averages. The population decline observed in recent years contrasts with the general trend of suburban growth seen in many parts of the country, especially following the COVID-19 pandemic. This could indicate unique local factors affecting Waccabuc's demographics.
In conclusion, while Waccabuc has maintained its status as a predominantly white, extremely affluent community over the past decade, subtle shifts towards increased diversity and fluctuations in population suggest a community in gradual transition. These changes, occurring within the context of sustained economic prosperity, may reflect evolving preferences among high-income households and broader societal trends towards suburban integration.
