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Demographics
Population
Median Income
Racial Distributions
Zip code 49306 in Cannonsburg, Michigan, is categorized as an area with Low Diversity as of 2022. The white population comprises 88% of the total, which meets the definition of Low Diversity where one racial group represents over 75% of the population. The area has experienced population growth from 8,317 in 2010 to 9,912 in 2022. The median income in 2022 was $95,835, indicating an affluent community.
Over the past decade, Cannonsburg has maintained its Low Diversity status, with the white population remaining dominant. The white population percentage has decreased from 94% in 2015 to 88% in 2022. The Hispanic population increased from 2% in 2013 to 6% in 2022. The percentage of residents identifying as two or more races increased from 1% in 2013 to 4% in 2022. Despite these changes, the area remains in the Low Diversity category.
The economic landscape of Cannonsburg has shown growth correlating with its demographic shifts. Median income increased from $88,410 in 2013 to $95,835 in 2022, representing an 8.4% increase over nine years. There was a spike in median income to $105,736 in 2021, followed by a decrease in 2022. The population increase alongside rising median incomes suggests the area is attracting affluent residents, possibly contributing to gradual diversification.
The economic growth and subtle demographic shifts appear to be mutually reinforcing. As the area becomes slightly more diverse, it continues to maintain and increase its economic prosperity, which may be attracting a more diverse, yet still predominantly affluent, population.
The median household income in Cannonsburg ($95,835 in 2022) is higher than the national median household income, which was around $70,784 in 2021. The area's slow diversification trend aligns with broader national trends of increasing diversity, although at a much slower pace than many urban areas. The combination of high income and low diversity suggests that Cannonsburg may be a suburban or exurban community, possibly near a larger urban center, attracting affluent residents who are predominantly white but with a slowly growing representation of other racial groups.
Cannonsburg remains an area of Low Diversity with a strong white majority. Subtle demographic shifts over the past decade indicate a gradual trend towards increased diversity. This trend, coupled with strong economic indicators, suggests a slowly evolving community that maintains its affluent status while becoming incrementally more diverse. The coming years will be crucial in determining whether these trends accelerate, potentially shifting the area towards Moderate Diversity, or stabilize, maintaining its current demographic composition.