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Demographic Analysis of Zip Code 34990: Low Diversity with White Majority in Palm City, Florida
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
As of 2022, zip code 34990 in Palm City, Florida, is classified as having "Low Diversity" with a "Racial Majority" of white residents. The area is characterized by a predominantly white population (84%) and a median income of $102,580. This affluent community has experienced subtle demographic shifts and economic changes over the past decade.
Throughout the analyzed period (2013-2022), Palm City has consistently maintained a "Low Diversity" classification with a strong "White Majority." The white population has decreased from 89% in 2013 to 84% in 2022. The Hispanic population has shown the most significant growth, increasing from 6% in 2013 to 9% in 2022. The Asian population has remained relatively stable, with a slight increase from 2% to 3%. The Black population has maintained a minimal presence, increasing slightly from less than 1% to 1%.
The economic landscape of Palm City has seen significant changes over the decade. Median income has increased from $88,581 in 2013 to $102,580 in 2022, representing a 15.8% growth. There was a notable spike in median income in 2021 ($111,396), followed by a slight decrease in 2022. The population has grown steadily from 27,697 in 2013 to 31,000 in 2022, an increase of about 12%.
The correlation between demographic shifts and economic trends suggests that the area's increasing affluence may be attracting a more diverse, yet still high-income, population. The growth in the Hispanic population coincides with the overall economic growth. The stability of the high median income, despite slight diversification, suggests that incoming residents are likely of similar socioeconomic status to existing residents.
The median household income in Palm City ($102,580 in 2022) is higher than the national median ($69,021 as of 2022), indicating an affluent community. The slow pace of diversification in Palm City contrasts with faster-changing demographics in many other parts of Florida and the United States. The steady population growth suggests that Palm City remains an attractive location, possibly due to its economic prosperity.
Palm City remains a predominantly white, affluent community with "Low Diversity." There are subtle signs of increasing diversity. The area's strong economic growth may be a factor in attracting a slightly more diverse population while maintaining its overall character as an upscale community.
