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Demographic Analysis of Zip Code 10504: A Study of Racial Composition and Income Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 10504, corresponding to Armonk, New York, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a median income of $189,807, which is substantially higher than national averages, indicating an affluent suburban area. The population in 2022 was 9,075, suggesting a small, stable community.
Over the past decade, Armonk has consistently remained in the "Low Diversity" category, with the white population maintaining a significant majority. However, there are indications of a gradual shift towards increased diversity. The white population decreased from 88% in 2013 to 78% in 2022. The Hispanic population increased from 5% in 2013 to 11% in 2022, showing the most significant growth among minority groups. The Asian population increased slightly from 3% to 4%, and the Black population increased from 1% to 2% over the decade.
These changes, while not substantial enough to shift the community out of the "Low Diversity" category, indicate a slow progression towards a more diverse demographic composition. This trend suggests Armonk may be in the early stages of becoming a "Transitional Community," particularly with the growing Hispanic population.
The median income in Armonk has remained exceptionally high throughout the observed period, fluctuating between $186,221 in 2013 and $189,807 in 2022. The income peaked at $196,566 in 2017, coinciding with a period of relative stability in racial composition. There was a minor decrease in median income from 2019 to 2022, occurring alongside the most noticeable increases in minority populations.
The consistently high median income suggests that the gradual increase in diversity has not significantly impacted the overall economic status of the community. However, the slight recent decline in median income coupled with increasing diversity may indicate a subtle shift in the community's socio-economic makeup.
Armonk's median income is likely significantly higher than both state and national averages, placing it among the most affluent communities in the country. The slow increase in diversity, particularly in the Hispanic population, aligns with broader national trends of increasing diversity in suburban areas. The community's resistance to rapid demographic change, despite its proximity to New York City, suggests it may have characteristics that have historically limited diversity, such as high property values or zoning regulations.
In conclusion, while Armonk remains a predominantly white, high-income area with low diversity, there are early indications of a gradual shift towards greater racial and ethnic diversity. This trend, if continued, may eventually lead to more significant changes in the community's demographic and possibly economic profile in the coming decades. However, the current pace of change suggests that any major shifts would likely occur over an extended period, barring any significant external factors accelerating the process.
