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Demographic Analysis of Zip Code 19095: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 19095 in Wyncote, Pennsylvania, is classified as a "Moderate Diversity" community as of 2022. The white population comprises 54% of the total, while the Black population represents 29%. The area's racial composition includes other groups as well. The median income in 2022 was $99,947, indicating an upper-middle-class economic status.
Wyncote has maintained its "Moderate Diversity" classification over the past decade, with some notable changes. In 2013, the white population was 52% and the Black population was 35%. By 2022, the white population increased to 54%, while the Black population decreased to 29%. The Asian population grew from 5% in 2013 to 8% in 2022. The Hispanic population remained stable at 4-5% throughout the decade. The "Two or More Races" category increased from 2% in 2013 to 5% in 2022.
The median income in Wyncote increased from $84,988 in 2013 to $99,947 in 2022, a growth of 17.6%. This income growth correlates with the slight increase in the white population percentage and the growth in the Asian population. The total population grew from 8,209 in 2013 to 8,495 in 2022, an increase of 3.5%.
The demographic shifts in Wyncote differ from national trends. While many urban and suburban areas in the U.S. have experienced increasing diversity and a decreasing proportion of white residents, Wyncote has maintained a stable white majority while increasing its overall diversity through growth in Asian and multiracial populations.
Wyncote's income growth outpaces the national average, which saw median household income grow by about 10% between 2013 and 2022 when adjusted for inflation. This suggests that Wyncote is becoming more affluent relative to national averages.
The area has maintained racial diversity alongside economic growth, suggesting it has avoided some negative effects of gentrification that can lead to displacement of minority communities in economically improving areas.
Wyncote represents a moderately diverse, economically prosperous community that has maintained its diversity while experiencing significant economic growth over the past decade. The trends indicate a gradual shift towards greater diversity, particularly with the growth of Asian and multiracial populations. If these trends continue, Wyncote may transition to a "High Diversity" community in the future.
