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Demographic Analysis of Zip Code 01930: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 01930 in Gloucester, Massachusetts, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The white population comprises 90% of the total, exceeding the 75% threshold for low diversity. The median income of $77,339 is above the national average, indicating an affluent community.
Over the past decade, Gloucester has maintained its status as a "Low Diversity" area with a "White Majority." However, there are indications of a gradual shift towards increased diversity. The white population decreased from 95% in 2013 to 90% in 2022. The Hispanic population doubled from 2% to 4%, the Asian population increased from less than 1% to 2%, and the Black population slightly increased from less than 1% to 1%. These changes suggest the early stages of a "Transitional Community."
The median income has shown an upward trend, rising from $70,544 in 2013 to $77,339 in 2022, an increase of 9.6%. This growth has occurred alongside the subtle increases in diversity, suggesting that the community's economic well-being has not been negatively impacted by these demographic shifts. The highest median income of $84,756 was recorded in 2021, coinciding with the period of greatest diversity thus far.
The population has grown steadily, from 29,156 in 2013 to 29,984 in 2022, an increase of 2.8%. This modest population growth, combined with rising incomes and increasing diversity, may indicate that the area is becoming more attractive to a wider range of residents while maintaining its economic stability.
Gloucester remains significantly less diverse than many urban areas in Massachusetts and the United States. The rate of diversification is slower than national trends, where many communities are experiencing more rapid demographic shifts. The economic growth in Gloucester appears to be keeping pace with or slightly outperforming national averages, suggesting that the area has maintained its economic appeal despite its gradual diversification.
In conclusion, Gloucester remains a predominantly white, low-diversity area, with early indications of a transition towards greater diversity. This shift has been accompanied by steady economic growth, suggesting that the community has integrated new residents without economic disruption. As this trend continues, it will be important to monitor how the community adapts to these changes and whether it can maintain its economic stability while potentially moving towards a more diverse demographic profile in the future.
