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Demographics
Population
Median Income
Racial Distributions
As of 2022, zip code 11755 in Lake Grove, New York, is classified as a "White Majority" area with moderate diversity. The white population comprises 73% of the total, while other racial groups, particularly Asian and Hispanic communities, have a significant presence. The median income of $118,988 in 2022 indicates an affluent community, above the national average.
Over the past decade, Lake Grove has transitioned from a "Low Diversity" area to one of "Moderate Diversity." In 2013, the white population constituted 81% of the total. By 2022, this percentage decreased to 73%, while Asian and Hispanic populations grew. The Asian population increased from 3% in 2013 to 9% in 2022, and the Hispanic population grew from 10% to 13% in the same period. This trend indicates a "Transitional Community," with increasing racial diversity over time.
The demographic shifts correlate with an upward trend in median income. From 2013 to 2022, the median income increased from $105,410 to $118,988, representing a 12.9% growth. This economic improvement coincides with the increasing diversity, suggesting that the influx of new racial groups may be linked to high-skilled job opportunities in the area. Despite the overall upward trend, there have been fluctuations in median income. The peak was reached in 2021 at $130,790, followed by a decrease in 2022.
The trends observed in Lake Grove align with patterns seen in many suburban areas near major metropolitan centers. The increasing diversity, particularly growth in Asian and Hispanic populations, is consistent with national demographic shifts. The area's high median income and the correlation between increasing diversity and economic growth are notable features.
The gradual nature of these changes suggests a stable community undergoing steady transformation rather than rapid gentrification or demographic upheaval. This pattern of change may be indicative of a community that is successfully integrating new residents while maintaining its economic prosperity.
Lake Grove presents a case of a transitional community moving towards greater diversity while maintaining high economic standards. The interconnection between demographic shifts and economic trends in this zip code provides insights into the dynamics of suburban evolution in the broader New York metropolitan area.