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Demographic Analysis of Waterford, Virginia (20197): White Majority and Racial Composition Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Waterford, Virginia (zip code 20197) is classified as a Low Diversity community with a White Majority. As of 2022, the white population constitutes 80% of the total population. The area is characterized by high affluence, with a median income of $174,628 in 2022, which is above the national average.
Over the past decade, Waterford has maintained its status as a Low Diversity community with a White Majority. However, subtle shifts indicate a slow trend towards increased diversity. The white population has decreased from 88% in 2013 to 80% in 2022. The Hispanic population has shown the most significant growth, increasing from 5% in 2013 to 9% in 2022. The Asian population has remained relatively stable, fluctuating between 2-5% over the decade. The population identifying as two or more races has increased from 3% in 2013 to 4% in 2022.
The economic profile of Waterford has remained consistently affluent throughout the decade. Median income has increased from $155,395 in 2013 to $174,628 in 2022, representing a growth of about 12.4% over nine years. The population has grown from 1,816 in 2013 to 2,381 in 2022, an increase of about 31%. The consistent high median income suggests that the area continues to attract affluent residents, potentially influencing the pace of demographic change.
The median income in Waterford is higher than the national average, placing it among the more affluent communities in the United States. The slow pace of diversification is consistent with trends seen in many affluent, predominantly white suburbs across the country, where change often occurs gradually. The growth in the Hispanic population mirrors broader national trends of increasing Hispanic representation across many communities in the U.S.
Waterford remains a Low Diversity community with a White Majority, but there are signs of a slow transition towards greater diversity. This change is occurring in the context of continued economic prosperity and population growth, suggesting that the community is gradually evolving while maintaining its high socioeconomic status. The coming years may see this trend continue, potentially leading to a recategorization as a Moderate Diversity community if current trajectories persist.
