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Demographic Analysis of Zip Code 49650: Predominantly White Population in Hardwood Acres, Michigan
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 49650 in Hardwood Acres, Michigan, is classified as having "Low Diversity" as of 2022. The population is 96% white. The median income in 2022 is $81,137, which has increased significantly over the past decade.
From 2013 to 2022, Hardwood Acres has maintained its "Low Diversity" status. The white population has consistently remained above 95%. There has been a slight increase in diversity, with the percentage of residents identifying as two or more races increasing from 1% in 2013 to 2-3% in recent years. The Hispanic population has fluctuated between 0-2% over the years. In 2021-2022, a small representation (1%) of Asian and Black residents emerged.
The economic landscape of Hardwood Acres has shown positive changes. The median income increased from $62,939 in 2013 to $81,137 in 2022, a 28.9% increase over nine years. The population grew from 2,770 in 2013 to 3,018 in 2022, an increase of about 9%. This suggests a thriving local economy, with economic prosperity occurring without significant changes to the racial composition of the area.
The income growth in Hardwood Acres (28.9% over nine years) is likely higher than the national average. The persistent low diversity in this area contrasts with national trends towards increasing diversity in many parts of the United States. The steady population growth suggests that the area is attractive to new residents, possibly due to its improving economic conditions.
Hardwood Acres presents a case of economic growth within a racially homogeneous community. The area has seen significant improvements in income and modest population growth while maintaining its status as a low-diversity, predominantly white community. This stability in racial composition, combined with economic growth, may indicate a strong, established community that has successfully improved its economic standing without experiencing significant demographic changes.
