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Demographic Analysis of Zip Code 12463: Predominantly White Population in Palenville, New York
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 12463 in Palenville, New York, is categorized as a "Low Diversity" area with a "White Majority" as of 2022. The population is 95% white, with minimal representation from other racial groups. The median income for 2022 is $46,633, showing a significant decrease from previous years.
Over the past decade, Palenville has maintained its status as a "Low Diversity" area with a "White Majority." The percentage of white residents has fluctuated slightly, ranging from 81% in 2019 to 97% in 2021. There has been a gradual increase in other racial groups, particularly Hispanic and multiracial populations. The Hispanic population grew from 0% in 2013 to 3% in 2022, while those identifying as two or more races peaked at 13% in 2019 before declining to 1% in 2022.
The median income in Palenville has shown significant volatility over the past decade. From 2013 to 2017, there was a substantial increase in median income, rising from $54,968 to $83,483. The median income remained relatively stable between 2017 and 2021, hovering around $80,000. However, 2022 saw a dramatic decrease to $46,633, nearly a 43% drop from the previous year.
The population has fluctuated over the years, with no clear long-term trend. It peaked at 1,645 in 2019 and was at 1,394 in 2022. These fluctuations do not seem to directly correlate with changes in racial composition or median income.
The area's persistent "Low Diversity" status contrasts with national trends towards increasing diversity in many parts of the United States. The sharp decline in median income in 2022 is particularly notable and may reflect broader economic challenges. The area's demographic stability, despite some minor fluctuations, suggests it may be somewhat insulated from larger demographic shifts occurring in more urban or rapidly changing areas.
In conclusion, Palenville has remained a predominantly white, low-diversity area over the past decade, with signs of subtle demographic shifts and significant economic changes. The community has experienced both periods of economic growth and recent decline, which may impact its future demographic composition and overall development trajectory.
