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Demographics
Population
Median Income
Racial Distributions
The zip code 44022 in Hunting Valley, Ohio, is classified as having Low Diversity as of 2022. The population is predominantly white, with 90% of residents identifying as such. The community has a high median income of $130,054, which is considerably above the national average.
Over the past decade, Hunting Valley has maintained its status as a Low Diversity community. The white population has consistently remained the majority, never falling below 90% throughout the observed period. However, subtle demographic shifts have occurred. The white population decreased slightly from 94% in 2018 to 90% in 2022, indicating a minor trend towards increased diversity. The Black population doubled from 2% in 2013 to 4% in 2022, while the Asian population remained relatively stable at 2-3%. The percentage of individuals identifying as two or more races doubled from 1% to 2% between 2021 and 2022.
These demographic changes correlate with significant economic trends. The median income increased from $117,034 in 2013 to $130,054 in 2022, representing growth of about 11% over nine years. Despite the overall upward trend, there were notable fluctuations, with a peak of $141,632 in 2021 before a decrease in 2022. The population remained relatively stable at around 17,000 throughout the decade.
The increasing income levels may have attracted a more diverse, albeit still small, minority population to the area. Conversely, the growing diversity might have contributed to the area's economic prosperity by bringing in new skills and perspectives.
The median income in Hunting Valley is significantly higher than the national average, placing it among the more affluent communities in the country. The pace of diversification in this zip code appears slower than national trends, which have shown more rapid increases in minority populations across many urban and suburban areas. The high median income and low diversity are characteristic of many wealthy suburban enclaves across the United States, particularly those near major metropolitan areas.
In conclusion, while Hunting Valley remains a Low Diversity, predominantly white community, there are subtle signs of increasing diversity. These demographic shifts, coupled with rising affluence, suggest a community in the early stages of transition. However, the pace of change is slow, and it remains to be seen whether these trends will accelerate in the coming years to significantly alter the community's demographic and economic landscape.