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Demographic Analysis of Zip Code 27040: Transition from Low to Increasing Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 27040 in Winston-Salem, North Carolina, is classified as a "Low Diversity" community with a "Racial Majority" as of 2022. The area has a population of 11,407, is predominantly white (76%), and has a median income of $80,520. Over the past decade, this zip code has shown signs of gradual diversification.
From 2013 to 2022, the white population decreased from 86% to 76%, while the Black population increased from 8% to 14%, and the Hispanic population grew from 1% to 5%. These changes indicate a slow but steady transition towards increased racial diversity, though the area has not yet reached the "Moderate Diversity" threshold.
The demographic shifts have occurred alongside economic growth. The median income rose from $68,613 in 2013 to $80,520 in 2022, representing a 17.4% increase. The population also grew by 15.9% from 2010 to 2022, increasing from 9,842 to 11,407 residents.
The most significant increase in median income occurred between 2020 and 2021, rising from $79,711 to $87,098, before slightly decreasing in 2022. This spike may be related to broader economic trends or local developments that attracted higher-income residents, potentially contributing to the area's growing diversity.
The trends observed in this zip code align with patterns seen in many suburban areas across the United States, where formerly homogeneous suburbs have been experiencing gradual diversification often accompanied by economic growth. The increase in median income in this zip code outpaces the national average over a similar period, suggesting more rapid economic growth than many other parts of the country.
In conclusion, while zip code 27040 remains categorized as a "Low Diversity" area with a white majority, it shows clear signs of transitioning towards greater diversity. This demographic shift, coupled with steady economic growth, suggests that the community is evolving. If these trends continue, the area may soon transition to a "Moderate Diversity" classification, potentially bringing new cultural dynamics and economic opportunities to the community.
