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Demographic Analysis of Zip Code 05773: Predominantly White Population with Subtle Diversity Shifts
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 05773 in Wallingford, Vermont, is classified as a "Low Diversity" community as of 2022. The area's population is 94% white, with minimal representation from other racial groups. The current median income is $67,931, and the population has reached 2,225 residents.
Over the past decade, Wallingford has maintained its "Low Diversity" status. The white population has remained above 94% throughout this period, with only slight fluctuations. There are subtle indications of increasing diversity, with the Asian population increasing from 1% in 2013 to 2% in 2022, and the Hispanic population growing from 1% in 2013 to 3% in 2022. The percentage of residents identifying as two or more races has remained stable at around 1%. These changes suggest a slow trend towards slightly increased diversity, though not enough to alter the community's "Low Diversity" classification.
The median income in Wallingford has shown a generally positive trend over the past decade. In 2013, the median income was $48,365. By 2021, it peaked at $72,864, representing a significant increase of about 50.7% over eight years. There was a slight decrease to $67,931 in 2022, but this still represents a substantial improvement from 2013 levels. This economic growth has occurred alongside minor increases in diversity, suggesting that the area has experienced economic improvement while maintaining its demographic composition.
Population trends have been relatively stable, with some fluctuations. The population was 1,858 in 2013. It reached a low of 1,790 in 2015 before gradually increasing. By 2022, the population grew to 2,225, representing an overall increase of about 19.8% since 2013. This population growth, coupled with rising median incomes, indicates a generally positive economic trajectory for the area.
The racial composition of Wallingford is less diverse than the national average. The United States as a whole has been trending towards greater diversity, with non-Hispanic whites making up about 60% of the population nationally. The median household income in Wallingford ($67,931 in 2022) is close to the national median, which was around $70,784 in 2021. This suggests that despite its rural location, the area maintains relatively strong economic standing. The population growth in Wallingford (19.8% over a decade) is higher than the national average, which typically hovers around 7-8% per decade. This could indicate that the area is attractive to new residents, possibly due to its economic opportunities or quality of life factors.
Wallingford remains a "Low Diversity" community, but it has experienced positive economic growth and subtle demographic shifts over the past decade. The area's ability to maintain stable population growth and income levels, while slowly increasing its diversity, suggests a resilient local economy and a gradually evolving social landscape.
