Loading Content...
Demographic Analysis of Zip Code 14068: A Study of Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 14068, corresponding to the University at Buffalo in New York, is classified as a "Low Diversity" community as of 2022. This classification is based on the white population comprising 79% of the total population of 8,049 residents. The median income in this area is $108,962, indicating an affluent suburban community.
Over the past decade, the zip code has maintained its "Low Diversity" status, although subtle shifts have occurred. The white population decreased from 84% in 2013 to 79% in 2022. Concurrently, the Asian population increased from 7% to 9%, while Black and Hispanic populations remained relatively stable at 2-4% and 2-3% respectively. The multiracial category saw an increase from 2% to 5% during this period.
The area has experienced significant economic growth. The median income increased from $85,829 in 2013 to $108,962 in 2022, representing a 27% growth. The population grew by 14%, from 7,037 in 2013 to 8,049 in 2022. This economic growth appears to correlate with the subtle demographic shifts, possibly indicating that the area is attracting high-income professionals from various racial backgrounds.
The economic growth in this zip code outpaces national averages, suggesting it is a particularly desirable area. The slow diversification trend, while notable, is less pronounced than in many urban and suburban areas across the U.S. The high median income and low diversity suggest this might be an established, affluent suburb that is slowly opening up to more diverse residents, possibly due to its association with the University at Buffalo.
In conclusion, while zip code 14068 remains a "Low Diversity" community, it shows signs of gradual diversification coupled with strong economic growth. This trend suggests a slowly evolving community that is maintaining its affluent status while becoming incrementally more inclusive of diverse populations.
