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Demographic Analysis of Zip Code 01562: Low Diversity and White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 01562 in Spencer, Massachusetts, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 11,964 and a median income of $69,578. This classification is based on the white population comprising 90% of the total, which exceeds the 75% threshold for low diversity.
Spencer has maintained its status as a "Low Diversity" area with a "White Majority" over the past decade. There are subtle signs of increasing diversity. The white population has decreased slightly from 93% in 2013 to 90% in 2022. The Asian population has increased from 0% in 2013 to 1% in 2022. The "Two or More Races" category has grown from 1% in 2013 to 4% in 2022, indicating a trend towards more mixed-race residents.
The median income in Spencer has fluctuated over the past decade. It rose from $72,109 in 2013 to a peak of $82,122 in 2021. There was a significant drop to $69,578 in 2022, the lowest in the observed period. This recent decline in median income is noteworthy and may be related to broader economic factors or local changes in employment opportunities.
The population has shown steady, albeit slow, growth from 11,735 in 2013 to 11,964 in 2022. This modest population increase of about 2% over a decade suggests a relatively stable community with minimal in-migration or out-migration.
The persistent "Low Diversity" classification of Spencer contrasts with national trends towards increasing diversity in many areas of the United States. The recent sharp decline in median income from 2021 to 2022 may reflect broader economic challenges faced nationwide. The stable population growth suggests that Spencer has not experienced significant demographic shifts that some other areas might have seen due to urbanization or suburban expansion.
Spencer remains a predominantly white, low-diversity area, with subtle signs of increasing diversity. The economic situation, as reflected by median income, has been volatile in recent years, with a downturn in 2022. These trends suggest a community that is slowly changing but still maintains much of its traditional demographic character. The economic challenges reflected in the recent income drop may be a point of concern for local policymakers and residents.
