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Demographics
Population
Median Income
Racial Distributions
Zip code 48842 in Holt, Michigan, is classified as a "White Majority" community with moderate diversity as of 2022. The white population comprises 75% of the total, with other racial groups having significant representation. The area has a population of 20,582 and a median income of $73,340 in 2022, indicating a relatively affluent community.
Over the past decade, Holt has transitioned from "Low Diversity" to "Moderate Diversity." In 2013, the community was categorized as "Low Diversity" with an 84% white population. By 2022, this percentage decreased to 75%, placing it at the threshold between "Low Diversity" and "Moderate Diversity."
The community has shown characteristics of a "Transitional Community," particularly with the growth of Hispanic and multiracial populations. The Hispanic population increased from 4% in 2013 to 7% in 2022, while those identifying as two or more races grew from 3% to 5% during the same period. The Black population has also experienced steady growth, from 4% in 2013 to 8% in 2022, contributing to the overall diversification of the community.
The demographic shifts have occurred alongside a general upward trend in median income. From 2013 to 2022, the median income increased from $64,414 to $73,340, representing a 13.9% increase over nine years. This suggests that the community has experienced economic growth alongside its increasing diversity.
Population growth has been relatively modest, increasing from 19,715 in 2013 to 20,582 in 2022, a 4.4% increase. This moderate population growth, coupled with increasing diversity and rising incomes, may indicate that the area is attracting a mix of new residents from various backgrounds, potentially driven by economic opportunities.
The trends observed in Holt align with broader national patterns of increasing racial and ethnic diversity in suburban areas. The gradual nature of these changes, coupled with economic growth, suggests a relatively stable transition rather than rapid demographic shifts.
The increase in median income outpacing population growth could indicate that the area is becoming more attractive to higher-income residents. This trend, if continued, could potentially lead to gentrification concerns in the future, especially if it begins to price out long-term residents from minority communities.
Holt represents a community in transition, moving from low to moderate diversity while experiencing economic growth. This gradual change suggests a community that is evolving with the times, potentially offering increased opportunities for diverse populations while maintaining a stable economic base.