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Demographics
Population
Median Income
Racial Distributions
Zip code 35243 in Vestavia Hills, Alabama, is classified as a Low Diversity area as of 2022. The white population comprises 86% of the total, meeting the criterion for one racial group dominating with over 75% of the population. The median income is $108,257, indicating an affluent community. The population has grown to 18,837 in 2022, showing modest growth over the past decade.
Over the past decade, this zip code has maintained its Low Diversity status. The percentage of white residents has decreased from 91% in 2013 to 86% in 2022. The black population has increased from 5% to 6%, the Asian population from 2% to 3%, and the Hispanic population from 1% to 3% during this period. The "two or more races" category emerged to represent 1% of the population by 2022, having been unreported or 0% until 2019.
These changes indicate a Transitional Community, albeit at a slow pace. The community is gradually becoming more diverse, with minority groups slowly gaining representation. The economic status of the zip code has remained consistently high throughout the decade. The median income has grown from $98,981 in 2013 to $108,257 in 2022, an increase of about 9.4% over nine years.
There were notable peaks in median income, such as $118,767 in 2021 and $114,595 in 2019, suggesting some economic volatility despite the overall upward trend. The population has grown by about 4.4% from 2013 to 2022, while median income has increased by 9.4% in the same period. This suggests that the area is attracting higher-income residents, potentially contributing to the slow diversification.
The zip code's median income is significantly higher than the national median, indicating that this is a particularly affluent area. The slow diversification trend aligns with broader national trends of increasing diversity in suburban areas, although the pace of change in this zip code appears to be slower than in many other suburban communities across the US. The high income levels and slow pace of diversification suggest that this area may have high housing costs or other barriers to entry that limit rapid demographic changes.
In conclusion, zip code 35243 in Vestavia Hills, Alabama, remains a Low Diversity area with a strong white majority, but shows signs of being a Transitional Community. The gradual increase in minority populations, coupled with consistent economic growth, suggests a slow but steady shift towards greater diversity. However, the pace of this transition is notably slow compared to national trends, potentially due to the area's high affluence and possible socio-economic barriers to entry.