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Demographic Analysis of Zip Code 11433: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 11433 in Queens, New York, is undergoing significant demographic changes. As of 2022, the area has a population of 42,330 and a median income of $66,501. The community is transitioning from a "Black Majority" status towards increased diversity. The Black population, while still the majority at 54%, has decreased from 68% in 2013. Concurrently, the Asian population has grown from 6% in 2013 to 16% in 2022.
The Hispanic population has remained relatively stable, fluctuating between 15-21% over the past decade. White and other racial groups, though still small, have shown consistent growth. These shifts indicate a trend towards a more diverse racial composition in the area.
Economic trends in the zip code show steady income growth. The median income has increased from $52,960 in 2013 to $66,501 in 2022, representing a 25.6% increase over nine years. This growth outpaces inflation, suggesting real economic improvements for residents.
Population fluctuations have been observed, with notable increases in 2014 and 2021, followed by slight decreases. Overall, the population has grown from 35,515 in 2013 to 42,330 in 2022, an increase of about 19.2%.
The increasing diversity, particularly the growth in the Asian population, correlates with rising median incomes. This suggests that the influx of new racial groups may be bringing economic opportunities or reflecting broader economic development in the area. The overall population growth, despite fluctuations, indicates that the area is becoming more attractive, possibly due to improved economic conditions or changing urban dynamics.
These trends in zip code 11433 align with broader patterns observed in many urban areas across the United States. Many U.S. cities are experiencing similar shifts towards greater racial diversity, particularly with growth in Asian and Hispanic populations. The rising incomes and changing demographics could be indicative of gentrification processes seen in many urban neighborhoods, where new residents with higher incomes move into historically lower-income areas.
The steady income growth through various national economic challenges suggests a degree of economic resilience in this community. In conclusion, zip code 11433 in Queens is undergoing a significant demographic transition, moving from a predominately Black community towards a more diverse racial composition. This shift is accompanied by notable economic improvements, as evidenced by rising median incomes and population growth.
