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Demographic Analysis of Zip Code 11024: Predominant White Population with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 11024, representing Kings Point, New York, is classified as a "White Majority" area with "Low Diversity" as of 2022. The white population constitutes 80% of the total population. The median income in the area was $134,828 in 2022, indicating a high economic status compared to the national average.
Over the past decade, Kings Point has maintained its "White Majority" status, but a trend towards increased diversity has emerged. The white population decreased from 88% in 2013 to 80% in 2022. Concurrently, the Asian population increased from 3% to 7%, and the Hispanic population grew from 4% to 10%. Despite these changes, the area remains classified as "Low Diversity". The community could be considered a "Transitional Community" due to the consistent increase in Hispanic and Asian populations.
The median income in the area has shown fluctuations but overall growth. In 2013, the median income was $132,835, which increased to $134,828 in 2022, representing a modest increase of about 1.5% over nine years. The highest median income was recorded in 2021 at $142,787, showing a slight decrease in 2022.
The population of Kings Point has grown from 7,605 in 2013 to 8,520 in 2022, an increase of about 12%. This population growth, combined with the increasing diversity, suggests that the area is attracting new residents from various backgrounds while maintaining its high economic status.
The demographic shifts in Kings Point align with broader national trends of increasing diversity in suburban areas, particularly those near major metropolitan centers like New York City. However, the pace of change is slower than in many other suburban areas, likely due to the high property values and established community character.
The persistently high median income, significantly above the national average, indicates that Kings Point remains an exclusive and affluent community. This economic status may be a factor in the slower pace of diversification compared to other suburban areas.
The gradual increase in Asian and Hispanic populations mirrors trends seen in many high-income suburbs across the United States, where these groups have seen growing representation in professional and high-earning sectors.
In conclusion, Kings Point remains a predominantly white, high-income area, but shows signs of a gradual transition towards greater diversity. This shift, though slow, reflects broader national trends of suburban diversification, albeit at a more measured pace due to the area's established character and high economic barriers to entry.
