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Demographic Analysis of Zip Code 10547: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 10547 in Lake Mohegan, New York, is classified as a "White Majority" area with moderate diversity as of 2022. The white population comprises 67% of the total, with Hispanic (19%) and Black (8%) minorities. The median income of $127,511 in 2022 indicates an affluent community.
Over the past decade, Lake Mohegan has maintained its "White Majority" status, but with shifts towards increased diversity. The white population decreased from 71% in 2013 to 67% in 2022, while Asian and multiracial populations increased. By 2022, the area achieved "Moderate Diversity" status, with three racial groups each representing over 8% of the population.
The Hispanic community showed growth from 20% in 2013 to 27% in 2017, before declining to 19% in 2022. The Asian population grew from 1% in 2013 to 4% in 2022. The economic landscape of Lake Mohegan has shown robust growth. Median income rose from $102,534 in 2013 to $127,511 in 2022, a 24.4% increase.
A significant spike in median income to $143,558 in 2021, followed by a decrease to $127,511 in 2022, suggests economic volatility. The overall population remained relatively stable, increasing slightly from 8,530 in 2013 to 8,701 in 2022.
The median income of $127,511 in 2022 is likely well above both state and national averages, indicating Lake Mohegan is an affluent suburb. The gradual increase in diversity aligns with broader national trends of increasing diversity in suburban areas. The area's ability to maintain and grow its median income suggests strong economic fundamentals and resilience.
Lake Mohegan (10547) is a prosperous, predominantly white suburban community that is gradually becoming more diverse. The area has experienced significant economic growth over the past decade, which may have both contributed to and resulted from its evolving demographic composition. The community appears to be in a state of transition, moving towards greater racial and ethnic diversity while maintaining its economic strength.
