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Demographic Analysis of Zip Code 18040: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 18040 in Chestnut Hill, Pennsylvania, is classified as a "White Majority" area with "Moderate Diversity" as of 2022. The white population comprises 74% of the total, with other racial groups having significant representation. The median income of $103,987 in 2022 indicates an affluent community.
Over the past decade, Chestnut Hill has transitioned from a "Low Diversity" area to a "Moderate Diversity" community. The white population decreased from 80% in 2013 to 74% in 2022, while other racial groups gained representation. The community shows signs of becoming a "Transitional Community," with consistent increases in Hispanic, Asian, and Black populations.
The median income has shown overall growth, rising from $102,793 in 2013 to $103,987 in 2022, with some fluctuations. A significant spike to $115,219 occurred in 2021. The population has steadily increased from 16,938 in 2013 to 18,271 in 2022, a growth of about 7.9%.
The demographic shifts observed in Chestnut Hill align with broader national trends of increasing diversity in suburban areas. Many affluent suburbs across the United States have experienced similar transitions from predominantly white communities to more diverse neighborhoods over the past decade.
The maintained high income levels despite increasing diversity is noteworthy, as it suggests that the new diverse residents are likely professionals or high-income earners. This trend differs from some other areas where increased diversity has been associated with income level changes.
The steady population growth in this zip code is significant given the relatively stable nature of established suburban communities. It suggests that Chestnut Hill remains an attractive location for new residents, potentially due to its combination of economic opportunity and increasing diversity.
Chestnut Hill exemplifies a gradual, stable transition towards greater diversity while maintaining its economic strength. This pattern of change suggests a community that is evolving demographically while preserving its socio-economic characteristics.
