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Demographic Analysis of Zip Code 02702: Predominantly White Population and Low Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 02702 in Fall River, Massachusetts, is classified as a "Low Diversity" area with a "Racial Majority" as of 2022. The white population comprises 95% of the total, exceeding the 75% threshold for low diversity. The area has a population of 3,999 and a median income of $103,753.
Over the past decade, this zip code has maintained its status as a "Low Diversity" area with a strong "White Majority." The racial composition has shown minimal changes, with the white population remaining above 95% throughout the period. The Hispanic population has shown a slight increase, from 0% in 2013 to 3% in 2022. Other minority groups, including Asian, Black, and Two or More Races categories, have remained consistently low at 1% or less throughout the decade.
The area has experienced significant economic growth from 2013 to 2022. The median income increased from $87,814 to $103,753, representing an 18% growth. The population has remained relatively stable, with a slight decrease from 4,050 in 2013 to 3,999 in 2022.
The persistent low diversity and increasing median income suggest that the economic growth has primarily benefited the majority white population. The slow increase in Hispanic residents coincides with the income growth, which could indicate that the area is attracting a small number of more affluent Hispanic families.
The racial homogeneity of this zip code is higher than typical for many urban areas in the United States. The median income of $103,753 is significantly higher than the national median household income, which was around $67,521 in 2020. This suggests that this zip code represents a more affluent area compared to national averages.
The slow pace of diversification in this area contrasts with broader national trends of increasing racial and ethnic diversity in many communities across the United States. While this zip code has experienced notable economic growth over the past decade, it has maintained its status as a low-diversity area with a strong white majority. The community shows signs of very gradual diversification, primarily through a small increase in the Hispanic population. These trends suggest a stable, affluent community that is changing at a much slower pace than many other urban areas in terms of racial and ethnic composition.
