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Demographics
Population
Median Income
Racial Distributions
Zip code 27863 in Pikeville, North Carolina, is classified as having a "White Majority" with 73% of the population identifying as white as of 2022. The area has experienced moderate economic growth over the past decade, with the median income increasing from $56,811 in 2013 to $72,584 in 2022, representing a 27.8% increase over a nine-year period.
From 2013 to 2022, the area has maintained its "White Majority" status, with the white population percentage fluctuating between 68% and 74%. The Black population has decreased slightly from 18% in 2013 to 15% in 2022. The Hispanic population has grown from 2% in 2013 to 9% in 2022, indicating a trend towards a more "Transitional Community." The area has maintained a small but consistent multi-racial population of around 2-3% throughout the decade.
The economic trajectory of the zip code has been generally positive, with median income showing steady growth. From 2013 to 2017, median income grew from $56,811 to $60,161, an increase of about 5.9% over four years. A more significant increase occurred between 2018 and 2019, with median income rising from $60,286 to $66,476, a 10.3% increase in one year. The growth trend continued through 2022, reaching $72,584, representing a 9.2% increase from 2019 to 2022.
This consistent income growth correlates with the gradual diversification of the community, particularly the increase in the Hispanic population. Population figures have fluctuated over the decade, with no clear long-term trend. The population was 13,281 in 2013, peaked at 14,448 in 2020, and stood at 13,994 in 2022.
The income growth in this zip code (27.8% from 2013 to 2022) likely outpaces national averages, suggesting a relatively strong local economy. The gradual increase in diversity, particularly the growth of the Hispanic population, aligns with broader national trends of increasing diversity in many communities. The maintenance of a strong "White Majority" status indicates that this area may be diversifying more slowly than some other parts of the country, particularly urban areas.
Pikeville (zip code 27863) remains predominantly white but shows signs of gradual diversification and consistent economic growth. These trends suggest a community in slow transition, balancing traditional demographics with emerging diversity and economic development. The correlation between increasing diversity and rising median incomes could indicate that the area is benefiting from a more varied workforce and potentially attracting new residents with diverse backgrounds and skills.