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Demographic Analysis of Zip Code 04105: 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 04105 in Falmouth, Maine, is classified as having Low Diversity as of 2022. The white population comprises 91% of the total, meeting the criteria for a community dominated by one racial group. The area is characterized by high median incomes, with the 2022 figure at $121,412, which is above national averages.
Over the past decade, Falmouth has maintained its Low Diversity status. The white population has consistently remained above 90%, with minor fluctuations. Subtle signs of increasing diversity include the Asian population rising from 1% in 2013 to 3% in 2019, before declining to 1% in 2022. The Hispanic population grew from 1% in 2013 to 3% in 2022, and the Two or More Races category increased from 2% in 2013 to 4% in 2022.
The median income in Falmouth has shown significant growth over the past decade. In 2013, it was $98,336, rising to $111,969 in 2017, peaking at $134,462 in 2021, before slightly decreasing to $121,412 in 2022. This economic prosperity correlates with the stable, predominantly white demographic composition. Population growth has been steady but moderate, increasing from 11,470 in 2013 to 12,666 in 2022, a 10.4% growth over a decade.
Falmouth maintains its demographic composition more steadily compared to national trends of increasing diversity in many urban and suburban areas. The community's median income is significantly higher than the national median, which was around $70,784 in 2021. This places Falmouth in an elite economic bracket, potentially influencing its ability to maintain its demographic composition through high property values and cost of living.
The slow pace of diversification in Falmouth contrasts with national trends towards increasing diversity, especially in suburban areas. However, the gradual increases in Hispanic and multiracial populations align with broader national demographic shifts, albeit at a much slower rate.
In conclusion, Falmouth remains a Low Diversity, high-income community with subtle signs of very gradual diversification. The economic prosperity of the area appears to be a significant factor in maintaining its demographic stability, potentially creating barriers to more rapid demographic change through high costs of entry for new residents.
