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Demographics
Population
Median Income
Racial Distributions
The zip code 48085 in Troy, Michigan, is classified as a "White Majority" community with moderate diversity as of 2022. The racial composition consists of a 70% white majority and a 21% Asian population, with smaller representations from other racial groups. The area is economically affluent, with a median income of $116,201 in 2022, exceeding the national average.
Over the past decade, this zip code has maintained its "White Majority" status while showing signs of increasing diversity. The white population decreased slightly from 74% in 2013 to 70% in 2022, while the Asian population grew from 18% to 21% during the same period. This trend indicates a gradual shift towards greater diversity, though not yet reaching the threshold for reclassification as a "Moderate Diversity" area.
The community has experienced small but steady increases in its Hispanic and multiracial populations, growing from 0% to 2% and 1% to 3% respectively between 2013 and 2022. This suggests a "Transitional Community" aspect, with the area slowly becoming more diverse over time.
The demographic shifts correlate with a significant increase in median income. From 2013 to 2022, the median income rose from $103,492 to $116,201, an increase of about 12%. This economic growth may have attracted more diverse, highly skilled professionals, particularly in the Asian community, which is often associated with tech and professional sectors.
There was a notable increase in median income to $129,468 in 2021, followed by a decrease to $116,201 in 2022. This fluctuation could be related to economic impacts of the COVID-19 pandemic and subsequent recovery.
Population growth has been steady, increasing from 24,278 in 2013 to 27,496 in 2022, a growth of about 13%. This population growth, combined with increasing diversity and rising incomes, suggests that the area is attracting new residents from various backgrounds, likely due to economic opportunities and quality of life factors.
The trends observed in this zip code align with broader patterns seen in many suburban areas near major cities. The gradual increase in diversity, particularly growth in Asian and Hispanic populations, reflects national demographic shifts. However, the area's high median income and continued white majority distinguish it from national averages, suggesting it remains a relatively affluent, predominantly white suburb, albeit one that is slowly diversifying.
The economic resilience of the area, as evidenced by the continued high median income even after the 2021-2022 fluctuation, indicates that this zip code may be less affected by economic downturns than many other parts of the country. This economic stability could be a factor in attracting a more diverse population over time, as economic opportunity often drives demographic changes.
The zip code 48085 in Troy, Michigan, remains a "White Majority" area, but shows clear signs of being a "Transitional Community" with increasing diversity and strong economic indicators. These trends suggest that the area is likely to continue evolving demographically in the coming years, potentially moving towards a more diverse community structure while maintaining its economic advantages.