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Demographics
Population
Median Income
Racial Distributions
Zip code 18914 in Chalfont, Pennsylvania, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a high median income of $117,559, exceeding the national average. The population of this affluent suburb has grown slightly from 20,336 in 2010 to 22,109 in 2022.
From 2010 to 2022, Chalfont has maintained its status as a "Low Diversity" community with a "White Majority." The white population decreased from 91% in 2013 to 86% in 2022. The Asian population increased from 5% to 6%, the Black population from 1% to 3%, and the Hispanic population from 1% to 3% during this period. A "two or more races" category emerged, comprising 2% of the population by 2022.
The economic status of the zip code has improved, with median income rising from $106,054 in 2013 to $117,559 in 2022, an 11% increase. A notable spike in median income occurred in 2021, reaching $136,308, followed by a decrease in 2022. The population grew modestly from 20,277 in 2013 to 22,109 in 2022, a 9% increase.
Chalfont's median income suggests it is more affluent than the average American community. The area's slow diversification trend aligns with national patterns of increasing diversity in suburban areas, although at a slower rate than many other suburbs nationwide.
The community's economic resilience is evidenced by consistently rising incomes, despite the 2022 decrease. This suggests it may be part of a larger trend of affluent suburbs maintaining their economic status while slowly becoming more diverse. However, the strong white majority indicates that this diversification is occurring more slowly here than in many other suburban areas across the United States.
In conclusion, Chalfont remains a "Low Diversity" community with a strong "White Majority." Subtle demographic shifts and consistent economic growth suggest the early stages of a transition towards greater diversity. This change, though slow, aligns with broader national trends of suburban diversification, albeit at a more gradual pace.