Loading Content...
Demographic Analysis of Zip Code 48059: A Study of Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 48059 in Lakeport, Michigan, is classified as having Low Diversity as of 2022. The population is 92% white, with a median income of $65,997 and a total population of 15,115. This analysis examines the demographic and economic changes in this area over the past decade.
From 2013 to 2022, the area maintained a Low Diversity classification. The white population remained the Racial Majority, consistently above 90%. However, there are indications of a gradual shift towards increased diversity. The Hispanic population grew from 1% in 2013 to 5% in 2022, suggesting a potential transition in Hispanic representation. The population identifying as two or more races increased from 1% in 2013 to 2% in 2022, peaking at 3% in 2021. Concurrently, the white population decreased slightly from 93% in 2013 to 92% in 2022.
The median income in the area showed overall growth with fluctuations. It increased from $61,302 in 2013 to $65,997 in 2022, a 7.7% increase over the decade. The highest median income was recorded in 2021 at $70,864. However, there was a notable decrease of about 6.9% in median income from 2021 to 2022. Population trends remained relatively stable, with a slight overall increase from 14,908 in 2013 to 15,115 in 2022, representing a modest 1.4% growth over the decade.
The demographic trends in this zip code differ somewhat from national trends. While the U.S. has been moving towards greater diversity, this area has maintained its low diversity status. However, the gradual increase in Hispanic population aligns with broader national demographic shifts.
The economic growth in the area, while positive overall, has been modest compared to national averages. The recent decline in median income from 2021 to 2022 may reflect broader economic challenges faced nationwide, such as inflation and economic uncertainties post-pandemic.
Lakeport (48059) remains a Low Diversity area with a strong White Majority. Subtle shifts in demographics, particularly the growth of the Hispanic population, suggest the beginnings of a transition towards slightly increased diversity. These demographic changes, coupled with modest economic growth and recent income fluctuations, indicate a community experiencing gradual change while maintaining its core demographic characteristics. The coming years will be crucial in determining whether these trends accelerate, potentially shifting the area towards Moderate Diversity or maintaining its current Low Diversity status.
