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Demographic Analysis of Zip Code 23433: Race and Income Trends from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 23433 in Suffolk, Virginia, is classified as a "White Majority" community with low to moderate diversity as of 2022. The area has a median income of $115,272, which is above the national average, indicating an affluent neighborhood. The population in 2022 was 1,096 with an estimated 420 housing units, representing a small but growing community.
Over the past decade, this zip code has maintained its status as a "White Majority" area. The White population has fluctuated between 74% and 87%, showing a slight overall decrease from 84% in 2013 to 83% in 2022. The Black population has shown the most variability, ranging from 5% to 16% over the decade, reaching 13% in 2022. The Hispanic population remained relatively stable between 1% and 6% throughout the decade. The Asian population maintained a small presence, typically around 1-3%, but dropped to 0% in 2022.
The median income in this zip code has seen substantial growth over the decade. In 2013, the median income was $86,638. By 2022, it had increased to $115,272, representing a 33% growth over nine years. The most significant increase occurred between 2019 and 2021, with income rising from $96,912 to $129,635, before slightly decreasing in 2022.
This significant income growth coincides with subtle shifts in racial demographics, particularly the increase in the Black population percentage. This could suggest that the area is attracting more affluent minority families, potentially indicative of broader economic opportunities or changing neighborhood dynamics.
Population figures have remained relatively stable, fluctuating between 863 and 1,096 over the decade, with a slight overall increase. This stability, combined with rising incomes, suggests a desirable living area with limited new housing development.
The median income in this zip code ($115,272 in 2022) is higher than the national median household income, which was about $70,784 in 2021. The area's consistent "White Majority" status, despite slight increases in diversity, contrasts with national trends towards increasing diversity in many urban and suburban areas. The substantial income growth in this zip code, especially between 2019 and 2021, outpaces national averages and may reflect broader economic trends in high-skill sectors or changes in the local job market.
While this zip code maintains its status as a "White Majority" area with low to moderate diversity, subtle shifts in racial composition and significant income growth suggest a slowly evolving community. The area appears to be attracting more affluent residents, including minorities, potentially reflecting broader economic opportunities in the region. These trends warrant continued observation to see if they develop into more significant demographic shifts in the future.
