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Demographic Analysis of Zip Code 02461: White Majority with Growing Asian Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
As of 2022, zip code 02461 in Newton, Massachusetts, is categorized as having a "White Majority" with a significant Asian minority presence. The area has a white population of 72% and an Asian population of 18%, demonstrating moderate diversity. The zip code is characterized by high median incomes, indicating an affluent community.
Over the past decade, this zip code has maintained its "White Majority" status, with the white population ranging from 69% to 74%. The Asian population has shown a steady increase from 16% in 2013 to 18% in 2022. The Hispanic population experienced a slight increase from 5% in 2013 to a peak of 7% in 2018, before declining to 4% in 2022. The Black population has remained relatively stable and small, fluctuating between 1% and 4% throughout the decade.
The zip code has experienced significant economic growth over the past decade. The median income has risen from $137,285 in 2013 to $164,462 in 2022, an increase of about 20% over nine years. The population has shown some fluctuations, increasing from 6,369 in 2013 to a peak of 7,073 in 2018, before settling at 6,766 in 2022.
The correlation between demographic shifts and economic trends indicates that as the area has become slightly more diverse, particularly with the growth in the Asian population, it has also become more affluent. This suggests that the incoming Asian population is generally high-income.
The median income in this zip code ($164,462 in 2022) is significantly higher than the national median household income, which was around $70,784 in 2021. This places the area in a very high income bracket nationally. The gradual increase in diversity, particularly the growth of the Asian population, aligns with broader trends in many affluent suburban areas near major cities, especially those with strong tech and education sectors. The stability of the white majority, despite slight decreases, suggests that this area may be experiencing slower demographic changes compared to national trends.
In conclusion, while zip code 02461 in Newton remains a "White Majority" area with "Moderate Diversity," it shows signs of a gradual transition towards greater diversity. This demographic evolution, coupled with significant economic growth, indicates an affluent, stable community that is slowly becoming more multicultural, likely attracting high-income professionals from diverse backgrounds.
