Loading Content...
Demographic Analysis of Zip Code 18938: Predominantly White Population with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 18938 in New Hope, Pennsylvania, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The community has a predominantly white population (87%) and a high median income of $141,388, which is significantly above national averages. This demographic profile has been consistent over the past decade, from 2013 to 2022.
Throughout the observed period, New Hope has maintained its status as a "Low Diversity" area with a "White Majority." However, subtle shifts have occurred. The white population decreased slightly from 91% in 2013 to 87% in 2022. The Asian population grew from 3% to 5%, and a small Black population (1%) emerged by 2022. The Hispanic population increased from 3% to 4%, and multiracial identification grew from 0% to 2%. These changes, while minor, suggest a slow trend towards increased diversity.
The zip code has experienced significant economic growth over the decade. The median income increased from $128,460 in 2013 to $141,388 in 2022, representing a 10% growth. A notable income spike occurred in 2021, reaching $153,998, followed by a slight decrease. Despite some fluctuations, the overall population remained relatively stable, changing from 15,036 in 2013 to 14,362 in 2022.
The median income in New Hope is significantly higher than the national average, placing it among the more affluent communities in the U.S. The slow increase in diversity aligns with broader national trends towards increasing racial and ethnic diversity in suburban areas. The steady income growth, even through the COVID-19 pandemic (2020-2021), suggests a robust local economy less affected by national economic downturns.
New Hope remains a predominantly white, high-income area, but there are early signs of a gradual shift towards increased diversity. This trend, coupled with rising affluence, may indicate the beginning of a long-term transformation in the community's demographic makeup. However, the pace of change is slow, and it would likely take several more decades of similar trends for the area to transition out of its "Low Diversity" classification. The community's economic strength appears to be a defining characteristic, potentially attracting a more diverse, yet similarly affluent, population over time.
