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Demographic Analysis of Zip Code 03741: Low Diversity and Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 03741 in Canaan, New Hampshire, is classified as a "Low Diversity" community as of 2022. The population is predominantly white, with 91% of residents identifying as such. The current median income is $76,457, which is above the national median, indicating a relatively affluent community.
Over the past decade, Canaan has maintained its "Low Diversity" status. However, there are minor indications of increasing diversity. The white population decreased from 97% in 2013 to 91% in 2022. The population identifying as two or more races increased from 1% in 2013 to 5% in 2022. The Asian population fluctuated, reaching 3% in 2019 but settling at 1% in 2022. The Black population increased from negligible levels to 2% in 2022.
The median income in Canaan has shown an upward trend, increasing from $67,919 in 2013 to $76,457 in 2022. This represents a 12.6% increase over the decade, surpassing inflation and suggesting improving economic conditions. The population has remained relatively stable, fluctuating between 4,300 and 4,500 residents.
Canaan remains significantly less diverse than the United States as a whole. The national trend shows increasing diversity in many communities, with the non-Hispanic white population dropping below 60% in recent years. In comparison, Canaan's 91% white population in 2022 indicates that it is changing more slowly than national averages.
The economic growth in Canaan aligns with broader trends of economic recovery and growth following the 2008 recession. The steady increase suggests a stable local economy that may be somewhat insulated from national economic fluctuations.
Canaan, New Hampshire (zip code 03741) remains a "Low Diversity" community but shows signs of gradual diversification and steady economic growth. These changes, though modest, may indicate broader societal shifts slowly reaching this relatively homogeneous area. The community's economic stability and growth may continue to attract a slightly more diverse population in the coming years, potentially leading to further, albeit gradual, demographic changes.
