Loading Content...
Demographic Analysis of Zip Code 33431: Racial Composition and Diversity Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The 33431 zip code in Boca Raton, Florida, is experiencing a demographic transition from a predominantly white community to one with increasing racial diversity. As of 2022, the area has a population of 23,168 and a median household income of $94,002. The community has evolved from low diversity in 2013 to moderate diversity in 2022, with the percentage of white residents decreasing from 75% to 64%.
The area is becoming a transitional community, with significant increases in Black, Hispanic, and Asian populations. The percentage of Black residents rose from 4% in 2013 to 14% in 2022, while the Hispanic population grew from 12% to 14%, and the Asian population from 2% to 5%. If current trends continue, the area could potentially transition to high diversity in the coming years.
Economic trends in the zip code show fluctuations in median household income, with a peak of $101,447 in 2015 and a low of $92,860 in 2020. The most recent figure of $94,002 in 2022 suggests a slight recovery. The period of increasing diversity coincides with a slight overall decrease in median income, possibly related to changes in the local economic landscape.
The population in the zip code has grown steadily from 16,938 in 2010 to 23,168 in 2022, representing a 36.8% increase. This significant growth could be driving both the demographic diversification and the economic changes in the area.
The demographic shifts in this zip code align with broader national trends of increasing diversity in suburban areas. The median household income in this zip code remains well above the national average, indicating that despite some fluctuations, this area maintains its status as an affluent community.
The rapid population growth in this zip code outpaces the national average, suggesting that Boca Raton, and specifically this zip code, is an attractive area for new residents. This may be due to economic opportunities or quality of life factors.
The 33431 zip code in Boca Raton is undergoing a significant demographic transition, moving from a predominantly white, low-diversity area to a more diverse, multicultural community. While maintaining its overall affluence, the area has experienced some economic fluctuations that may be linked to these demographic shifts. As this transition continues, it will be important to monitor how these changes impact local services, community dynamics, and economic opportunities in the coming years.
