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Demographic Analysis of Zip Code 44040: Predominantly White Population in Gates Mills, Ohio
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 44040 in Gates Mills, Ohio, is categorized as having "Low Diversity" as of 2022. The population is predominantly white, comprising 90% of the total. Other racial groups have minimal representation. The median income in 2022 was $170,599, indicating a significantly affluent community compared to national averages.
Gates Mills has maintained its "Low Diversity" status over the past decade. The white population has remained dominant, fluctuating between 88% and 92% from 2013 to 2022. No significant shifts in racial composition have occurred to warrant re-categorization. Minor changes include the Asian population peaking at 7% in 2017 but settling at 3% by 2022, the Black population increasing slightly from 1% in 2013 to 2% in 2022, and the Hispanic population growing from 1% in 2013 to 2% in 2022, with a peak of 4% in 2019-2020.
The median income in Gates Mills has increased significantly over the past decade, rising from $125,111 in 2013 to $170,599 in 2022, representing a 36% increase over nine years. A substantial jump in median income occurred between 2016 and 2017, from $131,029 to $148,617, coinciding with a slight increase in population and the highest percentage of Asian residents (7%) during this period.
The population has remained relatively stable over the decade, fluctuating between 2,960 and 3,224 residents. This stability in population, combined with the increasing median income, suggests that the area has become increasingly affluent without significant demographic turnover.
The median household income in Gates Mills ($170,599 in 2022) is significantly higher than the national median household income, which was around $70,784 in 2021. The lack of significant demographic change in Gates Mills contrasts with national trends, where many areas are experiencing increased diversity. This suggests that Gates Mills remains a relatively insulated community. The steady increase in median income, particularly the sharp rise between 2016 and 2018, may reflect broader economic trends such as the post-2008 recession recovery and the bull market of the 2010s.
Gates Mills presents a picture of a stable, affluent, and predominantly white community that has seen significant economic growth over the past decade without substantial changes in its demographic composition. While there are slight trends towards increased diversity, these changes are minimal and have not altered the overall character of the community as a "Low Diversity" area. The economic prosperity of the area may be both a cause and effect of this demographic stability, potentially limiting opportunities for significant demographic shifts.
