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Demographic Analysis of Zip Code 12047: Transition from Low to Moderate Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 12047 in Cohoes, New York, transitioned from a low diversity to a moderate diversity area between 2013 and 2022. The white population decreased from 88% to 73%, while other racial groups increased. The Asian population grew from 1% to 7%, the Black population from 3% to 6%, and those identifying as two or more races from 1% to 8%.
The area experienced economic growth during this period. The median income increased from $62,847 in 2013 to $70,533 in 2022, representing a 12.2% increase. This growth outpaced inflation for the same period. The population grew from 20,264 in 2013 to 23,577 in 2022, a 16.3% increase.
The trends observed in this zip code align with broader patterns seen in many suburban areas across the United States. The increasing diversity, particularly the growth in Asian and multiracial populations, reflects national demographic shifts. The economic growth is consistent with general trends in many areas recovering from the 2008 financial crisis and experiencing subsequent economic expansion.
The rapid increase in diversity over a relatively short period suggests that this area may be experiencing faster demographic changes than the national average. This could be due to factors such as proximity to urban centers, changes in local industry, or shifts in housing affordability that are attracting a more diverse population.
Zip code 12047 in Cohoes, New York, has undergone a significant transformation over the past decade. It has evolved from a predominantly white, low-diversity area to a more moderately diverse community with a still-significant white majority. This demographic shift has been accompanied by steady economic growth and population increase. As this transition continues, it will be important to monitor how these changes affect local community dynamics, economic opportunities, and social integration.
