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Demographics
Population
Median Income
Racial Distributions
The zip code 46142 in Greenwood, Indiana, is classified as having "Low Diversity" with a predominant white population as of 2022. The area has a population of 35,504 and a median income of $86,894. Despite the low diversity classification, there are indications of a gradual shift towards becoming a "Transitional Community" over the past decade.
From 2013 to 2022, Greenwood has maintained a "Low Diversity" status, with the white population comprising over 75% of the total. The white population has decreased from 93% in 2013 to 84% in 2022. The Asian population has increased from 1% to 5%. The Hispanic population has grown from 2% to 5%. The Black population has risen from 1% to 3%. These changes suggest that while still predominantly white, Greenwood is slowly transitioning towards greater diversity.
The demographic shifts correlate with significant economic changes. Median income has increased from $79,484 in 2013 to $86,894 in 2022, a growth of about 9.3%. The population has grown from 30,531 in 2013 to 35,504 in 2022, an increase of approximately 16.3%. The rising median income and population growth suggest that Greenwood is experiencing economic prosperity, which may be attracting a more diverse population.
The trends observed in Greenwood align with broader patterns seen in many suburban areas across the United States. These include increasing diversity in traditionally homogeneous suburban communities, growth in median incomes, particularly in areas near major metropolitan centers, and population growth in suburban areas, often driven by both domestic migration and international immigration.
The gradual diversification of Greenwood, coupled with economic growth, suggests that the area is following national trends of suburban diversification and economic development. However, the pace of change appears to be slower than in some more rapidly diversifying suburban areas across the country.
Greenwood remains a "Low Diversity" area with a strong white majority, but it shows clear signs of evolving into a "Transitional Community." The correlation between increasing diversity, rising incomes, and population growth indicates that the area is experiencing positive economic development alongside its demographic changes. If these trends continue, Greenwood may see more significant shifts in its community dynamics and local culture in the coming years.