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Demographic Analysis of Zip Code 49686: Predominantly White Population with Slight Diversity Increase
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 49686 in Traverse City, Michigan, is categorized as having "Low Diversity" as of 2022. The area is predominantly white, with 92% of the population identifying as such. The current median income is $69,878, and the population has grown to 23,405 residents.
Over the past decade, this zip code has maintained its status as a "Low Diversity" area. The white population has remained above 90% throughout the period, decreasing slightly from 96% in 2013 to 92% in 2022. This minimal shift indicates a gradual trend towards increased diversity. The Hispanic population increased from 1% in 2013 to 4% in 2022, while those identifying as Two or More Races grew from less than 1% to 2% over the same period.
The area has experienced significant economic growth over the past decade. The median income has increased from $53,311 in 2013 to $69,878 in 2022, representing a 31% increase. This growth outpaces inflation for the same period, indicating real economic gains for the community. The most rapid period of income growth occurred between 2016 and 2019, when median income increased from $59,927 to $72,035, a 20% increase in three years.
The population has grown steadily, from 22,017 in 2013 to 23,405 in 2022, an increase of about 6.3%. This growth suggests that the area is attracting new residents, potentially contributing to the slight increase in diversity and economic prosperity.
The gradual increase in diversity aligns with broader national trends of increasing diversity in many communities across the United States. However, the pace of change in this zip code appears to be slower than national averages. The significant increase in median income may indicate that this area has been successful in attracting high-paying jobs or wealthy residents.
The correlation between increasing diversity and rising incomes could suggest that the area is attracting diverse, skilled professionals. However, given the still very high percentage of white residents, it is also possible that the income growth is primarily benefiting the majority white population.
In conclusion, while zip code 49686 in Traverse City, Michigan, remains a "Low Diversity" area, it has experienced notable economic growth and gradual diversification over the past decade. These changes represent significant economic progress for the community. The area appears to be slowly evolving, balancing its traditional demographic makeup with new economic opportunities and a slightly more diverse population.
