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Demographics
Population
Median Income
Racial Distributions
Zip code 13480, Waterville in New York, is classified as a "Low Diversity" area. As of 2022, the white population comprises 92% of the total 4,152 residents. The median income is $64,481.
Over the past decade, Waterville has maintained its "Low Diversity" status. However, minor demographic shifts have occurred. The white population decreased from 98% in 2014 to 92% in 2022. The Hispanic population increased from 1% to 2%, and individuals of two or more races increased from 1% to 4%. These changes, while minimal, suggest the early stages of a potential "Transitional Community" classification.
The median income has shown an upward trend, increasing from $47,784 in 2013 to $64,481 in 2022, representing a 35% increase over nine years. This income growth correlates with the slight increase in diversity, potentially indicating that economic opportunities are attracting a more diverse population in small numbers.
Population figures have fluctuated, from 4,108 in 2013 to a low of 3,849 in 2020, and then increasing to 4,152 in 2022. The recent population growth, coinciding with increased diversity and rising incomes, may indicate improving economic conditions attracting new residents.
The demographic composition of Waterville contrasts with New York State's overall diversity. The income growth in Waterville is positive, potentially outpacing national averages. The area's resistance to rapid demographic change is notable, suggesting strong community ties and potentially limited economic or social factors driving significant population shifts.
In conclusion, Waterville remains a "Low Diversity" community. Subtle shifts in demographics and economic improvements over the past decade suggest potential for future changes. The community appears to be in the early stages of transition, with economic growth potentially serving as a catalyst for gradually increasing diversity. However, the pace of change remains slow, and it would likely take many years of consistent trends for the area to shift into a different diversity category.