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Demographic Analysis of Zip Code 44140: Predominantly White Community with High Median Income
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 44140 in Bay Village, Ohio, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The population is 93% white, with minimal representation from other racial groups. The median household income in 2022 was $111,552, indicating an affluent community significantly above the national average.
Over the past decade, Bay Village has maintained its status as a "Low Diversity" community with a "White Majority." There are subtle indications of a slow transition towards slightly increased diversity. The white population has decreased from 97% in 2014 to 93% in 2022. The Hispanic population has shown a small but consistent increase from 1% in 2013 to 3% in 2022. The Black population has remained stable at around 1% throughout the decade. The "Two or More Races" category has increased slightly from 1% to 2% over the period.
The median household income has demonstrated a significant upward trend over the decade. In 2013, the median income was $89,206. By 2022, it had risen to $111,552, an increase of about 25% over nine years. The peak was in 2021 at $120,975, with a slight decrease in 2022. This economic growth correlates with the subtle demographic shifts, suggesting that the area's increasing affluence might be attracting a slightly more diverse, but still predominantly white and high-income population.
Population trends show a slight decline from 2013 (15,517) to 2020 (15,229), followed by a sudden increase in 2021 (16,020) that has remained stable through 2022 (16,017). This recent population growth coincides with the peak in median income, possibly indicating an influx of new, affluent residents.
Bay Village appears to be changing at a much slower rate compared to national trends of increasing diversity in many urban and suburban areas. The area's high median income and slow pace of diversification suggest it may be a highly desirable, established community that is slowly opening up to more diverse residents, but at a rate much slower than national averages.
The significant income growth in Bay Village outpaces national averages, indicating that this community is becoming increasingly affluent relative to the rest of the country. This economic strength could be a factor in both attracting new residents and potentially slowing the pace of demographic change, as high property values may limit who can afford to move into the area.
Bay Village shows signs of very gradual diversification and strong economic growth, but remains a predominantly white, affluent community with low diversity. The slow pace of change suggests that while the community may be on the cusp of transition, significant demographic shifts are likely to occur over a much longer timeframe compared to more rapidly changing urban areas across the United States.
