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Demographics
Population
Median Income
Racial Distributions
The zip code 21244 in Milford Mill, Maryland, is classified as a "Black Majority" community as of 2022, with 72% of the population identifying as Black. The area exhibits "Low Diversity" with minimal representation of other racial groups. The median income of $71,969 in 2022 is slightly above the national median income, indicating a relatively stable economic status for the community.
Over the past decade, Milford Mill has maintained its status as a "Black Majority" community. The Black population has slightly decreased from 74% in 2013 to 72% in 2022. The Hispanic population has increased from 3% in 2013 to 8% in 2022. Asian and White populations have remained relatively stable, with small increases from 6% to 7% and 9% to 10%, respectively.
The increase in Hispanic residents and small growth in other minority populations indicate that while still a "Black Majority" area, Milford Mill is showing early signs of potentially becoming a "Transitional Community." The median income in the area has seen fluctuations over the years, growing from $69,030 in 2013 to $71,969 in 2022, an increase of about 4.3%.
The median income peaked in 2018 at $75,309 but has since declined slightly. There has been some income volatility in recent years, with increases and decreases alternating annually since 2018. The slight decrease in median income since 2018 coincides with the increasing Hispanic population, which might suggest that newer residents are entering at lower income levels.
The persistent Black majority in this area is notable, as many urban and suburban areas across the U.S. have been experiencing increased diversification over the past decade. The growth in the Hispanic population, while significant for this area, is reflective of broader national trends of increasing Hispanic populations in many communities across the United States.
The median income, while showing some recent volatility, has remained above the national average, suggesting that Milford Mill has maintained its economic stability better than many areas during recent economic challenges. The slight decline in median income since 2018, coupled with increasing diversity, might reflect national patterns of demographic shifts in suburban areas, where increased diversity sometimes correlates with changes in local economic profiles.
In conclusion, while Milford Mill remains a "Black Majority" community with "Low Diversity," there are early indicators of a gradual shift towards becoming a "Transitional Community." The economic picture remains relatively stable, though recent fluctuations warrant continued observation to determine if they represent a temporary adjustment or the beginning of a longer-term trend.