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Demographics
Population
Median Income
Racial Distributions
Zip code 80442 in Fraser, Colorado, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The racial composition shows 83% white population, exceeding the 75% threshold for low diversity. The median income in 2022 was $52,752, and the population was 1,761.
Fraser has maintained its status as a "White Majority" community over the past decade, but has shown signs of slowly transitioning towards increased diversity. In 2013, the white population constituted 94% of the total, indicating extremely low diversity. By 2022, this percentage had decreased to 83%, suggesting a gradual shift towards more diversity, though still within the "Low Diversity" category.
The Hispanic population has shown the most significant growth, increasing from 5% in 2013 to 11% in 2022. This trend, along with the emergence of other racial groups, indicates that Fraser may be evolving into a "Transitional Community." The appearance and growth of Asian, Black, and multiracial populations, albeit in small percentages, further support this categorization.
The median income in Fraser has fluctuated considerably over the past decade. It peaked in 2013 at $71,664, then declined to a low of $53,838 in 2018, before rebounding to $77,118 in 2021. 2022 saw a sharp decline to $52,752. These economic fluctuations appear to correlate with the gradual increase in diversity.
As the community became slightly more diverse from 2013 to 2022, there was an overall downward trend in median income, despite some year-to-year variations. This could suggest that the influx of diverse populations may be associated with changes in the local economy, possibly due to shifts in employment opportunities or housing affordability.
The population has grown from 1,447 in 2013 to 1,761 in 2022, an increase of about 22%. This growth, coupled with the increasing diversity, might indicate that Fraser is becoming more attractive to a wider range of residents, possibly due to changes in local industries or housing markets.
Fraser is becoming more diverse, but it still lags behind national averages in terms of racial diversity. The U.S. as a whole has been experiencing a trend towards greater diversity, with many urban and suburban areas transitioning to "Majority-Minority" or "High Diversity" status. Fraser is still in the early stages of this transition, moving slowly from "Low Diversity" towards potentially "Moderate Diversity" in the future.
The economic fluctuations observed in Fraser may reflect broader trends in rural or mountain town economies, which can be more volatile due to factors such as tourism, seasonal employment, or changes in dominant industries. The sharp decline in median income from 2021 to 2022 could be related to broader economic challenges faced by many communities in the wake of the COVID-19 pandemic.
Fraser remains a predominantly white, low-diversity community, but it shows signs of gradual demographic change. These shifts, coupled with economic fluctuations, suggest a community in transition, potentially moving towards greater diversity and economic complexity in the coming years. Continued monitoring of these trends will be crucial to understanding the long-term demographic and economic trajectory of this Colorado mountain town.