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Demographic Analysis of Zip Code 02494: Low Diversity and White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 02494 in Needham, Massachusetts, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a median income of $148,926 and a population of 9,959. The demographic composition is predominantly white, with 77% of residents identifying as such.
Over the past decade, Needham has experienced a gradual transition from extremely low diversity to low diversity. The white population decreased from 84% in 2013 to 77% in 2022. Notable changes in racial composition include an increase in the Asian population from 10% to 12%, growth in the Black population from 1% to 4%, and a rise in the Hispanic population from 2% to 5%.
The demographic shifts have occurred alongside economic changes. The median income increased from $140,480 in 2013 to $148,926 in 2022, representing a 6% growth over nine years. The population grew from 8,755 in 2013 to 9,959 in 2022, an increase of about 13.8%.
Needham's rate of diversification is slower than many other suburbs of major metropolitan areas in the United States. The high median income and slow pace of diversification suggest high barriers to entry, such as expensive housing, which could be limiting more rapid demographic changes.
The community remains categorized as "Low Diversity" with a strong "White Majority," but shows signs of gradual transition. The correlation between increasing diversity, population growth, and rising incomes suggests the area is attracting diverse high-earning professionals. If these trends continue, Needham may evolve into a more diverse community in the coming decades, potentially transitioning to "Moderate Diversity" status. However, the pace of change is relatively slow compared to national trends, likely due to the area's high cost of living and other socioeconomic factors.
