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Demographics
Population
Median Income
Racial Distributions
Zip code 48324 in Orchard Lake Village, Michigan, is classified as a "White Majority" community with "Low Diversity" as of 2022. The area has a predominantly white population (77%) and a high median income of $120,997, which is above the national average. This affluent suburb has maintained its status as a predominantly white, high-income area over the past decade, although some subtle shifts in demographics are observable.
Over the past decade, Orchard Lake Village has consistently remained a "White Majority" community. There is a slight trend towards increased diversity, albeit slow. The white population has decreased from 83% in 2015 to 77% in 2022, indicating a gradual shift away from "Low Diversity" status. There has been a small but steady increase in the Asian population, from 5% in 2013 to 7% in 2022. The Black population has fluctuated, but overall increased from 4% in 2017 to 7% in 2022. The percentage of people identifying as two or more races has tripled from 2% in 2013 to 6% in 2022.
The zip code has maintained its status as a high-income area throughout the decade. Median income has grown from $112,114 in 2013 to $120,997 in 2022, an increase of about 7.9%. There was a significant spike in median income to $133,839 in 2021, followed by a decrease in 2022, possibly reflecting economic volatility due to the COVID-19 pandemic. The population has remained relatively stable, with minor fluctuations, suggesting that the area maintains its attractiveness to residents despite subtle demographic shifts.
The consistently high median income correlates with the area's maintained status as a predominantly white, affluent suburb. The gradual increase in diversity has not led to any significant changes in the overall economic status of the area, suggesting that incoming diverse populations are likely of similar socioeconomic status.
Orchard Lake Village's changes are occurring at a slower pace compared to national trends showing increasing diversity in many suburban areas. Many similar affluent suburbs across the U.S. have seen more rapid diversification, particularly with increases in Asian and Hispanic populations. The slow pace of change in this zip code suggests a community that is relatively insulated from broader demographic shifts, possibly due to high property values and established community dynamics.
The area's consistently high median income, well above the national average, indicates that it remains an exclusive enclave. This economic status may be a factor in the slow pace of demographic change, as high housing costs can limit accessibility for more diverse populations.
While Orchard Lake Village shows signs of a very gradual transition towards greater diversity, it remains a predominantly white, high-income area with relatively slow demographic changes compared to national trends. The community's economic stability appears to be a significant factor in maintaining its current demographic composition, though subtle shifts suggest a potential for more significant changes in the long term if current trends continue.