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Demographic Analysis of Zip Code 46162: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 46162 in Needham, Indiana, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 1,661 and a median income of $77,079. The white population constitutes 73% of the total, with Hispanic (14%) and Asian (10%) residents representing notable minorities.
Over the past decade, Needham has undergone significant demographic changes. The area transitioned from low diversity to moderate diversity between 2013 and 2022. The white population percentage fluctuated, reaching a low of 59% in 2020 before increasing to 73% in 2022. The Hispanic population showed consistent growth, from 1% in 2013 to 14% in 2022. The Asian population remained relatively stable, hovering around 16-22% for most of the decade before decreasing to 10% in 2022.
Economic trends in the area include a rising median income, increasing from $68,475 in 2013 to $77,079 in 2022, with a peak of $95,313 in 2019. The population grew steadily from 839 in 2010 to 1,661 in 2022, nearly doubling over the decade.
The increase in diversity coincided with overall economic growth, suggesting that the area may have become more attractive to a wider range of residents. The peak in median income (2019) corresponded with a period of higher diversity, potentially indicating that increased diversity contributed to economic prosperity. The slight decrease in median income from 2019 to 2022 occurred alongside a small reversal in diversity trends, with the white majority increasing from 69% to 73%.
The trends observed in Needham align with broader national patterns of increasing diversity in suburban areas. The growth in the Hispanic population mirrors national trends of Hispanic population growth in many parts of the United States. The economic growth experienced by this community, particularly the significant increase in median income, suggests that Needham may have outperformed national averages in terms of income growth over the past decade.
Needham has evolved from a low-diversity, predominantly white community to a moderately diverse area with a strong white majority and growing Hispanic presence. This demographic shift has occurred alongside substantial population growth and overall economic improvement, suggesting a dynamic and changing community landscape.
