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Demographics
Population
Median Income
Racial Distributions
The zip code 70433 in Covington, Louisiana, is categorized as having "Low Diversity" with a clear White Majority as of 2022. The area's median income of $82,911 in 2022 is above the national median. The population was 40,213 in 2022, showing steady growth over the past decade.
Throughout the period from 2013 to 2022, the zip code maintained a White Majority status, with the white population comprising over 80% of the total. This places it in the "Low Diversity" category throughout the decade. There have been subtle shifts within this racial composition.
The Black population showed slight fluctuations, increasing from 9% in 2013 to 11% in 2018-2020, before decreasing to 8% in 2022. The Hispanic population remained relatively stable at around 5%, with a slight increase to 6% in 2021. The Asian population consistently remained around 1% throughout the period. There was an increase in the "Two or More Races" category, from 0% in 2013 to 3% in 2022, potentially indicating a gradual trend towards slightly increased diversity.
The median income in the zip code showed an upward trend, from $77,051 in 2013 to $82,911 in 2022, representing a 7.6% increase over the decade. This growth in median income correlates with the steady population growth, from 32,779 in 2013 to 40,213 in 2022, a 22.7% increase.
The economic growth and population increase, coupled with the maintained White Majority, suggest that the area has remained attractive to affluent white families. The slight increases in minority populations, particularly in the "Two or More Races" category, might indicate a gradual opening up of the community to more diverse residents, possibly driven by economic opportunities.
The zip code appears to be changing at a slower rate compared to national trends of increasing diversity in many urban and suburban areas. The area's economic growth outpaces national averages, which could be a factor in maintaining its demographic stability by potentially pricing out more diverse, lower-income populations.
The gradual increase in the "Two or More Races" category aligns with national trends of growing multiracial populations, albeit at a slower pace than many other areas. This could indicate the beginning of a longer-term shift towards increased diversity, though it would likely take many more years at the current rate to significantly alter the demographic makeup of the community.
In conclusion, while the zip code 70433 in Covington, Louisiana, has experienced economic and population growth over the past decade, its racial composition has remained largely stable, maintaining its status as a predominantly white, affluent area with low diversity. Minor shifts suggest a very gradual trend towards increased diversity, but these changes are occurring at a much slower pace than national averages.