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Demographics
Population
Median Income
Racial Distributions
Zip code 10566 in Peekskill, New York, is classified as a "Majority-Minority" community with "Moderate Diversity" as of 2022. The area has a population of 25,286 and a median income of $74,262. Hispanic residents form the largest group at 41%, followed by White residents at 37%, and Black residents at 18%. No single racial group constitutes a majority.
Over the past decade, Peekskill has undergone a significant demographic transition. In 2013, the community was classified as having "Moderate Diversity" with a White plurality (39%). By 2019, it had shifted to a "Majority-Minority" status, which has been maintained through 2022. This transition was driven by an increase in the Hispanic population from 31% in 2013 to 41% in 2022, a decline in the White population from 39% in 2013 to 37% in 2022, and a relatively stable Black population fluctuating between 18-22% over the decade.
The community has consistently maintained its "Moderate Diversity" classification throughout this period, with three racial groups (Hispanic, White, and Black) each representing significant portions of the population.
The demographic shifts in Peekskill have been accompanied by fluctuations in median income. From 2013 to 2017, there was a general upward trend in median income, rising from $68,504 to $75,353. A sharp decline occurred in 2018, with median income dropping to $65,758. Since then, there has been a recovery, with median income reaching $81,282 in 2021 before slightly decreasing to $74,262 in 2022.
These economic changes coincide with the demographic shifts, suggesting a possible correlation. The initial increase in median income from 2013 to 2017 occurred alongside the growing Hispanic population and declining White population. The sharp drop in 2018 might be related to economic challenges that disproportionately affected minority communities. The subsequent recovery could indicate economic resilience and adaptation within the increasingly diverse community.
The demographic trends in Peekskill align with broader national patterns of increasing diversity in suburban areas. Many suburban communities across the United States have experienced similar transitions to "Majority-Minority" status over the past decade, particularly those near major metropolitan areas like New York City.
The economic fluctuations seen in Peekskill, particularly the sharp decline in 2018 followed by recovery, may reflect broader economic trends. However, the overall increase in median income over the decade, despite demographic shifts, suggests that Peekskill has maintained its economic stability and potentially even improved its economic standing amidst increasing diversity.
Peekskill's evolution over the past decade exemplifies the demographic and economic changes occurring in many suburban communities across the United States. Its transition to a "Majority-Minority" status with maintained "Moderate Diversity" highlights the increasing multicultural nature of American suburbs. The community's ability to recover from economic setbacks while undergoing significant demographic changes demonstrates resilience and adaptability, which could serve as a model for other communities experiencing similar transitions.