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Demographics
Population
Median Income
Racial Distributions
The zip code 12056 in Duane Lake, New York, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The community has a population of 2,138 and a median income of $86,638. This analysis examines the demographic composition and economic trends over the past decade.
Throughout the period from 2013 to 2022, Duane Lake has maintained its status as a "Low Diversity" area with a "White Majority." The white population has consistently remained above 75%, qualifying it for the "Low Diversity" category. There has been a slight trend towards increased diversity, with the white population decreasing from 98% in 2013 to 89% in 2022. The most significant change is the growth of the Hispanic population, which increased from 1% in 2013 to 8% in 2022. Other racial groups, including Black, Asian, and those of two or more races, have maintained minimal representation, collectively accounting for about 3% of the population by 2022.
The economic landscape of Duane Lake has shown fluctuations over the decade. The median income peaked at $98,765 in 2014 but experienced a significant drop to $75,169 in 2018. It has since rebounded, reaching $86,638 in 2022. The population has fluctuated, peaking at 2,753 in 2019 before declining to 2,138 in 2022. This recent decline might be attributed to various factors, including economic changes or shifts in housing preferences.
The gradual increase in the Hispanic population coincides with periods of income volatility. The population peaked around the same time (2018-2019) that median income hit its lowest point. This could suggest an influx of lower-income residents during this period, potentially seeking more affordable housing options in the area.
The gradual increase in diversity, particularly the growth of the Hispanic population, aligns with broader trends seen in many suburban areas across the United States, where traditionally homogeneous communities are slowly becoming more diverse. Despite fluctuations, the median income in Duane Lake has remained relatively high compared to the national average, suggesting a resilient local economy. The population decrease and income increase post-2020 might reflect broader national trends related to the COVID-19 pandemic, such as urban exodus and shifts in housing preferences favoring less densely populated areas.
In conclusion, while Duane Lake remains a "Low Diversity" area with a strong "White Majority," subtle demographic shifts, particularly the growth of the Hispanic population, suggest a slow transition towards increased diversity. These changes, coupled with income fluctuations and population dynamics, indicate a community in gradual transition, balancing its established character with emerging demographic and economic trends.