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Demographic Analysis of Zip Code 03268: Predominantly White Population in Franklin, New Hampshire
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 03268 in Franklin, New Hampshire, is classified as a "Low Diversity" community as of 2022. The population is 96% white, a characteristic that has remained consistent over the past decade with only minor fluctuations in racial composition.
Over the past decade, Franklin has maintained its "Low Diversity" status. The white population has consistently represented over 90% of the total population, increasing from 94% in 2013 to 96% in 2022. Other racial groups have maintained a minimal presence, with the "two or more races" category fluctuating but remaining below 5% throughout the period.
The community has not transitioned between different diversity categories. A slight trend towards lower diversity has been observed, with the white population percentage increasing and other racial categories remaining minimal or decreasing slightly.
The median income in Franklin has increased steadily over the past decade, rising from $65,824 in 2013 to $83,782 in 2022, representing a 27.3% increase over nine years. The population has grown moderately, from 941 in 2013 to 1,027 in 2022, an increase of about 9.1%.
A correlation between demographic stability and economic growth is evident. As the community maintained its low diversity status, it experienced consistent economic improvement. This suggests that the area's economic growth has not significantly altered its demographic composition, potentially indicating limited in-migration from diverse backgrounds.
Franklin's demographic stability contrasts with national trends towards increasing diversity in many areas of the United States. The city's economic growth aligns with broader trends of rising median incomes in many parts of the country over the past decade.
The consistent low diversity in Franklin, coupled with steady economic growth, may indicate a stable community that has experienced economic benefits without significant demographic changes. This scenario could present advantages in terms of community cohesion and challenges in terms of exposure to diverse perspectives and experiences.
The community has experienced positive economic trends, but the lack of demographic shifts might limit opportunities for cultural exchange and diverse economic inputs that often accompany more diverse communities. As the area continues to grow economically, it may be worth monitoring whether this growth eventually leads to increased diversity through new residents attracted by economic opportunities.
