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Demographics
Population
Median Income
Racial Distributions
Zip code 15005 in Economy, Pennsylvania, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The racial composition indicates that 93% of the population identifies as white, with minimal representation from other racial groups. The median income for this area in 2022 was $87,705.
Over the past decade, this zip code has maintained its "Low Diversity" and "White Majority" status. The white population has remained above 90% from 2013 to 2022. There are slight indications of a "Transitional Community" emerging at a very slow pace. The Hispanic population has increased from 1% in 2013 to 3% in 2022, and the "Two or More Races" category has risen from 0% to 2% during the same period.
The median income in this zip code has shown an upward trend over the past decade, increasing from $76,317 in 2013 to $87,705 in 2022, representing a 15% increase over nine years. The highest median income was recorded in 2021 at $90,690, with a slight decrease in 2022. The population has grown modestly from 9,615 in 2013 to 9,811 in 2022, a growth of about 2%.
The stability in racial composition aligns with the steady economic growth observed in this zip code. The predominantly white, affluent community has maintained its character while experiencing consistent income growth. The slight increases in Hispanic and multiracial populations coincide with the period of highest median income (2020-2022).
This zip code has remained relatively unchanged in its racial composition, while national trends have shown increasing diversity in many urban and suburban areas. The economic growth in this area appears to be stronger than the national average, as median household income in the U.S. grew by about 10% between 2013 and 2022, compared to this zip code's 15% growth.
The stability and affluence of this community, combined with its proximity to Pittsburgh, may be factors in its ability to maintain both its demographic makeup and economic growth. However, the emerging signs of increased diversity, albeit small, align with broader national trends towards more diverse communities, especially in suburban areas near major cities.
Economy (zip code 15005) remains a "Low Diversity" area with a strong "White Majority." There are subtle indications of a very slow transition towards slightly increased diversity. This demographic stability, coupled with steady economic growth, indicates a prosperous, stable community that is only beginning to experience the demographic shifts seen more dramatically in other parts of the country.