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Demographic Analysis of Zip Code 18964: A Study of Racial Composition 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 18964 in Souderton, Pennsylvania, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The white population comprises 81% of the total, significantly exceeding other racial groups. The median income of $80,688 in 2022 indicates a relatively affluent community, although this figure has fluctuated over the past decade.
Souderton has maintained its "White Majority" status over the past decade, but there are indications of a gradual transition towards increased diversity. The percentage of white residents has decreased from 89% in 2013 to 81% in 2022, suggesting a slow shift towards a more diverse community.
The area could be considered a "Transitional Community" due to the consistent increase in Hispanic and Asian populations. The Hispanic population has grown from 3% in 2013 to 9% in 2022, while the Asian population has increased from 4% to 6% in the same period. This trend suggests a slow but steady diversification of the community.
The area has not yet reached the threshold for "Moderate Diversity" as no minority group has exceeded 20% of the population. However, if current trends continue, it may transition to this category in the coming years.
The median income in the area has shown significant fluctuations over the past decade. It rose from $79,308 in 2013 to a peak of $91,656 in 2021, before declining to $80,688 in 2022. This volatility in income levels could be related to the changing demographic composition of the area.
Periods of higher diversity seem to correlate with higher median incomes. For instance, 2021 saw both the highest median income ($91,656) and one of the most diverse population compositions in the decade. This could suggest that increased diversity might be attracting higher-income residents or contributing to economic growth in the area.
The population has shown a steady increase from 15,247 in 2010 to 16,031 in 2022, with a slight dip in 2020. This growth, coupled with the increasing diversity, might indicate that the area is becoming more attractive to a wider range of residents.
Souderton is becoming more diverse, but it still lags behind national trends in terms of racial diversity. The U.S. as a whole has been moving towards a "Majority-Minority" status, with the white population dropping below 60% in recent years. In contrast, Souderton remains firmly in the "White Majority" category.
The median household income in Souderton ($80,688 in 2022) is higher than the national median (approximately $70,784 in 2021), suggesting that despite recent fluctuations, the area remains relatively affluent compared to national averages.
Souderton remains a predominantly white, affluent area, but it is showing signs of a gradual transition towards greater diversity. This slow but steady change, coupled with generally high income levels, suggests a community that is evolving while maintaining its economic stability. The coming years will be crucial in determining whether these trends continue and potentially accelerate, possibly leading to a more diverse and dynamic community profile.
