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Demographics
Population
Median Income
Racial Distributions
The zip code 27807 in Bailey, North Carolina, is classified as a "White Majority" community as of 2022. The white population comprises 59% of the total population, meeting the criteria for a racial group constituting more than 50% of the population. The area has a median income of $54,516 and a population of 5,771.
Bailey has experienced a demographic transformation over the past decade. In 2013, the community was classified as having "Moderate Diversity" with no single racial group exceeding 50% of the population. The white population was 47%, Hispanic 28%, and black 19%. By 2015, the area transitioned to a "White Majority" status, with the white population reaching 53%. This status has persisted through 2022, with the white population percentage fluctuating between 53% and 61% over the years.
The Hispanic population has decreased from 28% in 2013 to 20% in 2022, while the black population has decreased from 19% to 15% over the same period. The percentage of individuals identifying as two or more races has increased from 1% in 2013 to 5% in 2022, indicating a trend towards increasing multiracial identification.
The median income in Bailey has shown overall growth, increasing from $43,809 in 2013 to $54,516 in 2022, a rise of approximately 24.4%. This growth has not been steady, with notable fluctuations including a peak of $62,345 in 2021 before decreasing in 2022.
The population has remained relatively stable, starting at 5,834 in 2013, decreasing to a low of 5,272 in 2018, and then increasing to 5,771 in 2022. The stability in population, combined with the increase in median income, suggests gradual economic improvement in the area.
The demographic shifts observed in Bailey align with broader trends seen in many rural and suburban areas across the United States. The increase in the white majority, coupled with a decline in Hispanic and black populations, could indicate changing migration patterns or economic factors influencing residential choices.
The growth in median income suggests moderate economic growth without the intense demographic changes often associated with rapid gentrification. The increase in individuals identifying as two or more races reflects a national trend, as the multiracial population in the United States has been one of the fastest-growing demographic groups in recent years.
Bailey presents a community undergoing gradual demographic and economic changes. It has transitioned to and maintained a "White Majority" status, with signs of increasing diversity, particularly in the growth of the multiracial population. The economic improvements, as evidenced by the rising median income, suggest a community that is slowly but steadily advancing economically, while navigating shifts in its racial composition.