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Demographic Analysis of Zip Code 48064: Predominantly White Population in Richmond, Michigan
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 48064 in Richmond, Michigan, is categorized as having Low Diversity as of 2022. The area's population is 94% white. The current median income is $69,267, showing a decrease from the previous year but an overall increase over the past decade.
From 2013 to 2022, Richmond has maintained Low Diversity status, with the white population consistently over 90%. The Hispanic population increased from 4% in 2013 to 5% in 2022, peaking at 6% in 2021. The Asian population showed a 1-2% presence between 2016 and 2020 but has since declined. The population identifying as two or more races has maintained a consistent 1% presence since 2017.
The median income in Richmond has risen from $58,953 in 2013 to $69,267 in 2022, with fluctuations. A significant increase occurred from $70,177 in 2020 to $78,127 in 2021, followed by a decrease to $69,267 in 2022. The overall trend indicates economic growth over the decade. The population has slightly declined from 4,089 in 2013 to 3,997 in 2022.
The predominance of a white majority in this zip code contrasts with national trends towards increasing diversity in many urban and suburban areas. The gradual increase in the Hispanic population aligns with broader national trends of growing Hispanic communities across the United States. The overall increase in median income over the decade is consistent with national economic growth trends, though the recent decrease from 2021 to 2022 might reflect broader economic challenges. The slight population decline goes against the trend of many suburban areas experiencing growth.
Richmond (zip code 48064) remains a Low Diversity area with a strong white majority, with subtle signs of very gradual demographic shifts. The economic situation has generally improved over the decade, but recent fluctuations suggest some instability. These trends indicate a community that is slowly changing but still maintains much of its traditional demographic composition.
