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Demographics
Population
Median Income
Racial Distributions
The zip code 44406 in Canfield, Ohio, is classified as a "Low Diversity" community as of 2022. The area's population is 89% white, with a median household income of $87,010. Over the past decade, this affluent suburb has experienced minor demographic changes and significant economic growth.
From 2013 to 2022, Canfield maintained its "Low Diversity" status. However, gradual shifts in racial composition were observed. The white population decreased from 94% to 89%. The Asian population increased from 2% to 3%. The Black population grew from 1% to 2%. The Hispanic population remained stable at approximately 2%. The population identifying as two or more races increased from 1% to 4%.
Economically, Canfield demonstrated positive growth. The median income rose from $74,801 in 2013 to $87,010 in 2022, an increase of 16.3%. The population grew from 21,708 to 22,900, a 5.5% increase. These trends suggest a correlation between increasing diversity and rising affluence in the area.
The demographic shifts in Canfield align with national trends of increasing diversity in suburban areas. The increase in median income surpasses national averages, indicating that Canfield is becoming more affluent relative to other areas. The slow pace of diversification compared to rapid economic growth suggests that the area is primarily attracting high-income residents across all racial groups.
Canfield remains a predominantly white, low-diversity community with early indications of transitioning towards greater diversity. This demographic shift is occurring alongside substantial economic growth. The community is evolving into a more diverse, affluent suburb, albeit at a slower pace than many other changing American communities. Future data will determine whether these trends accelerate, potentially moving Canfield towards a "Moderate Diversity" classification, or stabilize, maintaining its current "Low Diversity" status.