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Demographics
Population
Median Income
Racial Distributions
Zip code 20776 in Mayo, Maryland, represents a community with Low Diversity, characterized by a White Majority. As of 2022, the white population constitutes 80% of the area's residents, with a median income of $121,073 and a population of 4,091.
Over the past decade, Mayo has consistently maintained its status as a White Majority community, with subtle shifts towards increased diversity. The area has not transitioned between major diversity categories but has shown small, gradual changes. The white population decreased from 85% in 2014 to 80% in 2022, indicating a slight trend towards diversification. The Black population increased from 10% in 2014 to 13% in 2022. The Hispanic population doubled from 2% in 2014 to 4% in 2022. Asian and Two or More Races populations remained relatively stable, with minor fluctuations.
The median income in Mayo has shown significant fluctuations over the decade. From 2013 to 2019, it remained relatively stable, ranging from about $109,000 to $123,000. In 2020-2021, there was a sharp increase to $136,163 in 2020 and $149,694 in 2021. In 2022, it decreased to $121,073, returning to levels similar to the mid-2010s. These economic trends do not show a clear correlation with the gradual demographic shifts. The community has maintained a high median income throughout the period, suggesting that the slow diversification has not significantly impacted overall economic prosperity.
Population trends show a general increase from 3,642 in 2014 to 4,091 in 2022, indicating steady growth in the area. This growth could be contributing to the slight increase in diversity, possibly due to new residents from various backgrounds moving into the area.
Mayo's changes have been relatively modest compared to national trends of increasing diversity in many suburban areas. The area's high median income and predominantly white population suggest it may be a more affluent suburb, which often see slower demographic changes compared to more urban or economically diverse areas.
The sharp increase in median income in 2020-2021 followed by a decrease in 2022 could reflect broader economic trends related to the COVID-19 pandemic, such as shifts in employment patterns or housing markets. However, the community's high income levels throughout suggest a degree of economic resilience.
In conclusion, while Mayo shows signs of very gradual diversification, it remains a predominantly white, affluent community with Low Diversity. The economic stability of the area, combined with steady population growth, suggests that any demographic changes are occurring within a context of overall community prosperity and expansion.