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Demographics
Population
Median Income
Racial Distributions
Zip code 19301 in Paoli, Pennsylvania, was categorized as a "White Majority" community with a median income of $118,692 in 2022. This area has experienced significant demographic changes over the past decade, moving towards increased diversity and potentially transitioning to a "Moderate Diversity" classification in the near future.
The white population in the area decreased from 84% in 2013 to 69% in 2022, indicating a trend towards increased diversity. The most notable demographic change is the significant increase in the Asian population, from 7% in 2013 to 22% in 2022. This growth suggests a transition towards "Moderate Diversity," with two racial groups now having significant representation.
Black and Hispanic populations have remained relatively stable, ranging from 2-5% throughout the decade, contributing to the overall diversity but not significantly altering the community's demographic makeup.
The median income has shown an overall upward trend, increasing from $117,045 in 2013 to $118,692 in 2022, with a peak of $134,796 in 2021. This suggests an affluent and economically stable community.
The population has grown from 6,674 in 2013 to 7,953 in 2022, an increase of about 19%. This growth coincides with the increase in diversity, potentially indicating that the area is attracting new residents from diverse backgrounds.
The simultaneous increase in Asian population and median income suggests that the influx of Asian residents may be tied to high-skilled job opportunities in the area, potentially in tech or professional sectors.
The trends observed in Paoli align with broader patterns seen in many suburban areas near major cities. Many suburbs are experiencing increased racial and ethnic diversity, often driven by Asian and Hispanic population growth.
The high median income and its steady growth suggest that Paoli remains an attractive location for affluent professionals, potentially drawing diverse, highly educated residents from nearby urban centers.
If current trends continue, Paoli may transition from a "White Majority" to a "Majority-Minority" community, reflecting broader demographic shifts occurring across the United States.
Paoli (19301) is undergoing a significant demographic transition, moving from a predominantly white, low-diversity area to one of increasing racial diversity, particularly driven by growth in the Asian population. This shift is occurring in tandem with economic stability and growth, suggesting a dynamic and evolving community that may continue to attract diverse, affluent residents in the coming years.