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Demographic Analysis of Zip Code 27540: A Study of Racial Composition in Holly Springs, North Carolina
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 27540 in Holly Springs, North Carolina, is classified as having "Low Diversity" with a "White Majority" as of 2022. The population is predominantly white (74%) with a median household income of $111,072. The area has experienced significant growth, with the population increasing from 23,021 in 2010 to 38,455 in 2022.
From 2013 to 2022, Holly Springs maintained its "White Majority" status. The white population percentage decreased slightly from 77% in 2013 to 74% in 2022. Minor increases in diversity were observed: the Asian population increased from 2% to 4%, the Hispanic population from 4% to 7%, and the percentage of residents identifying as two or more races remained at 3-4%. These changes were not substantial enough to alter the community's "Low Diversity" classification.
The median household income in Holly Springs increased from $94,870 in 2013 to $111,072 in 2022, representing a 17% increase. A brief decline in median income occurred in 2020 ($108,397) during the COVID-19 pandemic, followed by a peak in 2021 ($117,413) and a slight decrease in 2022.
Holly Springs' demographic stability and economic growth are notable when compared to national trends. While many areas in the U.S. have experienced rapid diversification, Holly Springs has maintained its racial composition despite significant population growth. This suggests that the area may be attracting residents who align with its existing demographic profile.
The median household income in Holly Springs is substantially higher than the national median ($70,784 in 2021), indicating an affluent suburb. The combination of high income and low diversity suggests possible economic segregation, a trend observed in many growing suburban areas in the United States.
In conclusion, Holly Springs exhibits signs of slowly increasing diversity while remaining a predominantly white, affluent suburb with a stable demographic composition. The area's economic prosperity and demographic stability may present both opportunities and challenges for future community development and integration.
