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Demographics
Population
Median Income
Racial Distributions
The zip code 05602 in Montpelier, Vermont, is classified as a "Low Diversity" community as of 2022. The population is 91% white, with a median income of $69,106. The area covers 78.89 square miles and has a population of 12,073.
Over the past decade, this zip code has maintained its "Low Diversity" status. The percentage of white residents decreased from 95% in 2013 to 91% in 2022. Residents identifying as two or more races increased from 2% to 4%. The Asian population remained at 1-2%, while the Hispanic population increased from 1% to 2%.
The median income in this zip code has fluctuated, peaking at $76,453 in 2021 before dropping to $69,106 in 2022. Despite this recent decrease, there has been an overall 5% increase from $65,834 in 2013 to $69,106 in 2022. The population has grown slightly from 11,612 in 2013 to 12,073 in 2022, a 4% increase.
The racial composition of this area is less diverse than many urban areas in the United States, which is typical for rural New England states. The median income is likely above the national average, indicating a relatively affluent community. The slow increase in diversity aligns with broader national trends of increasing diversity in many communities across the United States.
In conclusion, zip code 05602 in Montpelier, Vermont, remains a "Low Diversity" community with a strong white majority, but shows subtle signs of increasing diversity. The area has maintained relative economic stability with a slight upward trend in median income over the past decade. These changes, while modest, may reflect broader national trends of slowly increasing diversity and economic growth in many communities. However, the pace of change in this particular zip code appears to be slower than what might be observed in more urban or rapidly changing areas of the country.