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Demographics
Population
Median Income
Racial Distributions
Zip code 27616 in Raleigh, North Carolina, is classified as a "Majority-Minority" community with "Moderate Diversity" as of 2022. The population is 56,332 with a median household income of $69,672. No racial group forms a majority. Black residents constitute 38%, White residents 33%, and Hispanic residents 20% of the population.
Over the past decade, this zip code has undergone a demographic transition. In 2013, it had "Moderate Diversity" with equal proportions of Black and White residents at 36% each. By 2022, it had shifted to "Majority-Minority" status. This change was due to an increase in the Black population to 38%, a decrease in the White population to 33%, growth in the Hispanic population to 20%, and a slight increase in the Asian population to 7%.
The demographic shifts correlate with economic trends. Median income increased from $64,282 in 2013 to $69,672 in 2022, an 8.4% rise. There were fluctuations, with a peak of $76,824 in 2019, followed by a decline during the COVID-19 pandemic. The population grew from 46,429 in 2013 to 56,332 in 2022, a 21.3% increase.
The increasing diversity coincides with overall economic growth, suggesting the area's attractiveness to various demographic groups. The influx of diverse populations may have contributed to economic resilience, as evidenced by the recovery of median income after the pandemic-induced decrease.
The trend towards increasing diversity in this zip code aligns with broader national trends, particularly in urban and suburban areas. The growth in the Hispanic population reflects the nationwide trend of increasing Hispanic representation in many communities. The economic resilience of the area may indicate a robust local economy that has weathered national economic challenges relatively well.
Zip code 27616 in Raleigh, North Carolina, presents a picture of a dynamic, increasingly diverse community with moderate economic growth. The transition to "Majority-Minority" status, coupled with steady population growth and overall income increases, suggests a vibrant area that has successfully attracted and retained a diverse population. These demographic shifts likely bring both opportunities and challenges for community cohesion, local services, and economic development. Maintaining this diversity while ensuring economic opportunities for all residents will be key to its future success.