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Demographic Analysis of Zip Code 48430: Predominantly White Area with Subtle Diversity Changes
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 48430 in Lake Fenton, Michigan, is classified as having "Low Diversity" as of 2022. The population is 91% white, with a median income of $90,077. The area has 40,291 residents spread across 86.44 square miles.
Over the past decade, Lake Fenton has maintained its "Low Diversity" status. The percentage of white residents decreased from 94% in 2013 to 91% in 2022. The Hispanic population increased from 2% to 4%, and those identifying as two or more races increased from 1% to 2% during this period.
The median income in Lake Fenton increased from $72,143 in 2013 to $90,077 in 2022, a 25% increase. The population grew from 37,132 in 2013 to 40,291 in 2022, an 8.5% increase.
Lake Fenton's gradual diversification aligns with national trends of increasing diversity in suburban areas, albeit at a slower pace. The community's income growth outpaces national trends, suggesting increasing affluence relative to other areas.
The economic growth and subtle demographic shifts in Lake Fenton reflect patterns seen in many prosperous suburban areas in the United States. Economic opportunities may be attracting a more diverse population over time. However, the persistence of low diversity suggests factors such as housing costs, local culture, or geographic location may be slowing the diversification process.
Lake Fenton remains a "Low Diversity" community but shows signs of being a "Transitional Community" with gradual increases in diversity coinciding with significant economic growth. This indicates a community in the early stages of demographic change, potentially driven by increasing economic prosperity. Continued monitoring of these trends will be important to understand the community's future demographic and economic evolution.
