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Demographic Analysis of Zip Code 10523: A Study of Racial Diversity and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 10523 in Elmsford, New York, is classified as a "Majority-Minority" area with "High Diversity" as of 2022. The community has a population of 8,392 and a median income of $110,191. No single racial group constitutes a majority, with Hispanic (36%), White (28%), Black (23%), and Asian (10%) populations all having significant representation.
Over the past decade, Elmsford has undergone a transformation in its racial composition. In 2013, the area was classified as having "Moderate Diversity" with a White plurality (34%). By 2022, it had evolved into a "Majority-Minority" community with "High Diversity." The Hispanic population has shown the most significant growth, increasing from 27% in 2013 to 36% in 2022. The White population has decreased from 34% to 28% during the same period. The Black population has remained relatively stable, while the Asian population has seen a slight decrease from 12% to 10%.
This shift indicates a trend towards increasing diversity and a more balanced representation of different racial groups. The transition from a White plurality to a Hispanic plurality, coupled with significant representation from other groups, suggests a dynamic and evolving community demographic.
Alongside these demographic changes, the area has experienced economic growth. The median income has risen from $103,974 in 2013 to $110,191 in 2022, representing a 6% increase. This growth has not been linear, with a notable spike in median income to $122,549 in 2021, followed by a decrease in 2022. The population has grown from 8,010 in 2013 to 8,392 in 2022, an increase of about 4.8%.
The demographic shifts observed in Elmsford align with broader national trends of increasing diversity in suburban areas. The economic growth in this zip code is noteworthy, with the median income of $110,191 in 2022 being significantly higher than the national median household income of around $70,784 in 2021.
The combination of increasing diversity and rising incomes could indicate that the area is attracting a mix of well-educated professionals from various racial backgrounds. This trend often leads to cultural enrichment and can contribute to the economic vitality of the community.
Elmsford exemplifies a suburban community in transition, moving towards greater diversity while maintaining economic strength. This evolution reflects broader national trends and presents both opportunities and challenges for community development and social integration in the coming years.
