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Demographics
Population
Median Income
Racial Distributions
Zip code 19520 in Elverson, Pennsylvania, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The population identifying as white is 92%, exceeding the 75% threshold for low diversity classification. The area's population increased from 6,316 in 2010 to 6,794 in 2022. Median income rose from $77,492 in 2013 to $95,394 in 2022, indicating economic growth.
From 2013 to 2022, Elverson maintained its "White Majority" status. The white population percentage decreased from 95% in 2013 to 92% in 2022. The Hispanic population increased from 1% in 2013 to 5% in 2022. The percentage of residents identifying as two or more races doubled from 1% to 2%. These changes suggest a slow trend towards increased diversity.
The demographic shifts correlate with an upward trend in median income. Median income increased by approximately 22% from 2013 to 2022. The most significant increase occurred between 2016 and 2018, from $83,697 to $94,339. Since 2018, growth has slowed but remained positive, indicating stabilization at a higher income level.
The median household income in Elverson ($95,394 in 2022) is higher than the national median ($70,784 in 2021). The slow increase in diversity, particularly in the Hispanic population, aligns with national trends of growing diversity in suburban and rural areas. The area's consistent economic growth over the past decade suggests resilience to national economic fluctuations.
Elverson remains a predominantly white, low-diversity area. Subtle demographic shifts and economic growth indicate potential for increased diversity. The community appears to be in the early stages of transition, balancing its established demographic profile with gradual changes. The correlation between economic prosperity and increasing diversity suggests the area may continue to attract a more varied population if current trends persist.