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Demographic Analysis of Zip Code 15940: Racial Composition and Income Trends from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 15940 in Loretto, Pennsylvania, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The racial composition shows 84% of the population identifying as white, a trend that has remained consistent over the past decade. The median income in 2022 was $73,058, indicating a significant increase from previous years.
Over the past decade, this zip code has maintained its status as a "Low Diversity" area with a strong "White Majority." The white population percentage has remained relatively stable, fluctuating slightly between 83% and 86% from 2013 to 2022. The black population has decreased slightly from 11% in 2013 to 8% in 2022. The Hispanic population has shown a small decrease, from 5% in 2013 to 3% in 2022. The percentage of individuals identifying as two or more races has increased from 0% in 2013 to 4% in 2022.
The economic landscape of the zip code has seen significant changes over the past decade. The median income has risen from $52,539 in 2013 to $73,058 in 2022, an increase of about 39%. The population has remained relatively stable, decreasing slightly from 3,910 in 2013 to 3,860 in 2022.
The substantial increase in median income (39% over 9 years) suggests strong local economic growth. The persistent "Low Diversity" classification, with a strong white majority, contrasts with national trends towards increasing diversity in many areas. The slight increase in multiracial identification aligns with broader national trends. The stability in population, coupled with rising incomes, might indicate a community that's becoming more affluent without significant in-migration.
In conclusion, Loretto (zip code 15940) remains a predominantly white, low-diversity area. It has experienced significant economic growth over the past decade. The subtle shifts in racial composition, particularly the growth in multiracial identification, may indicate the beginning of very gradual diversification. However, the overall stability in racial demographics suggests that any major shifts in the community's diversity are likely to be slow and gradual.
