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Demographic Analysis of Zip Code 28423: Racial Composition and Economic Trends from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 28423 in Bolton, North Carolina, is categorized as a "Moderate Diversity" community as of 2022. The population is 3,135 with a median income of $52,327. The racial composition consists of 41% White, 31% Black, and 14% Native American, with no single group forming a clear majority.
Over the past decade, Bolton has maintained its "Moderate Diversity" status, but with notable shifts. In 2013, the area was closer to a "Majority-Minority" status, with the White population at 42% and combined minority populations at 58%. By 2022, the community saw a slight increase in the White population percentage and decreases in the Black and Native American populations.
Significant changes from 2013 to 2022 include a decrease in the Black population from 33% to 31%, a decrease in the Native American population from 17% to 14%, an increase in the Hispanic population from 5% to 6%, and a notable increase in the Two or More Races category from 2% to 7%. These shifts suggest Bolton is experiencing a "Transitional Community" trend, particularly with growth in the multiracial population and slight increases in Hispanic representation.
The median income in Bolton has fluctuated significantly over the past decade. From 2013 to 2019, there was a general downward trend, with median income decreasing from $45,033 to $42,831. However, there was a substantial increase in 2020 and 2021, reaching a peak of $58,322 in 2021, before slightly decreasing to $52,327 in 2022.
These economic shifts correlate with demographic changes. The period of economic decline (2013-2019) coincided with relative stability in racial demographics. The sharp economic improvement in 2020-2021 aligns with an increase in the White population percentage and a decrease in the Black and Native American percentages. The most recent year (2022) shows a slight economic decline along with an increase in diversity, particularly in the multiracial category.
The growth in the multiracial population aligns with national trends. The economic volatility, particularly the sharp increase in median income from 2019 to 2021, may be related to broader economic shifts during the COVID-19 pandemic. The presence of a significant Native American population (14% in 2022) is notable and likely higher than the national average.
Bolton represents a moderately diverse community undergoing gradual demographic shifts, particularly towards increased multiracial representation. These changes, coupled with recent economic volatility, suggest a community in transition, potentially influenced by broader national trends and local economic factors. The interplay between racial demographics and economic indicators presents a complex picture of a community navigating change while maintaining its diverse character.
