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Demographics
Population
Median Income
Racial Distributions
The zip code 11020 in Lake Success, New York, exhibited a high diversity demographic profile as of 2022. No single racial group comprised more than 40% of the population, with at least three groups having significant representation over 10% each. The Asian population was 37%, White 37%, Black 15%, and Hispanic 9%. The median income was $152,889, indicating an affluent community.
Lake Success underwent a significant transformation in racial composition from 2013 to 2022. In 2013, the area had a "White Plurality" with whites comprising 49% of the population. By 2022, it transitioned to a "High Diversity" classification. This shift was primarily due to an increase in the Asian population from 24% to 37% and the Black population from 8% to 15%.
The community maintained its "Majority-Minority" status throughout the decade. The transition to "High Diversity" was gradual, passing through a phase of "Moderate Diversity" in the mid-2010s. Alongside demographic shifts, Lake Success experienced economic growth. The median income increased from $138,389 in 2013 to $152,889 in 2022, a 10.5% rise over the decade.
The population remained relatively stable, fluctuating between 5,600 and 6,100 residents throughout the decade. This stability, combined with increasing diversity and rising incomes, suggests that demographic changes were likely due to in-migration of affluent minority groups rather than significant overall population growth.
The trends in Lake Success align with patterns seen in many suburban areas near major metropolitan centers. The increase in Asian and Black populations, coupled with rising incomes, is similar to trends in other affluent suburbs across the United States, particularly those near diverse, economically vibrant cities.
The median income of $152,889 in 2022 is significantly above the national median household income, positioning Lake Success as an exceptionally affluent community. This economic status, combined with its high diversity, distinguishes it even among other wealthy suburbs.
The community's evolution from a predominantly white area to one of high diversity while maintaining and increasing its economic status is noteworthy. It suggests successful integration of various racial groups into a high-income suburban setting, potentially serving as a model for inclusive community development in similar contexts.
Lake Success presents a case study of demographic evolution leading to increased diversity without compromising economic prosperity. The area's transition from a "White Plurality" to "High Diversity" while maintaining its "Majority-Minority" status reflects broader societal trends towards multiculturalism in affluent suburban communities.