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Demographic Analysis of Zip Code 88318: White Majority and Racial Composition in Corona, New Mexico
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 88318 in Corona, New Mexico, is classified as a "White Majority" community with "Low Diversity" as of 2022. The population is predominantly white (81%) with a Hispanic minority (14%). The median income is $62,856, and the population is 388, indicating a small, rural community.
Over the past decade, Corona has maintained its status as a "White Majority" community. From 2013 to 2015, there was an increase in the Hispanic population from 6% to 18%. After 2015, the Hispanic population fluctuated between 7% and 18%. From 2018 onwards, a small but consistent Native American population (1-4%) emerged. The "Two or More Races" category gradually increased from 0% in 2015 to 3% in 2022.
The median income in Corona has shown significant volatility. It peaked at $78,248 in 2014 but declined to $34,998 by 2016. After 2016, the median income recovered and stabilized between $50,000 and $70,000. The population has varied from a high of 448 in 2010 to a low of 285 in 2020.
The persistent White majority and low population density are typical of many rural American communities, especially in the Southwest. The fluctuating but generally increasing Hispanic population aligns with broader trends in New Mexico and the Southwest. The significant income fluctuations might reflect broader economic trends such as the recovery from the 2008 recession or changes in local industries. The gradual increase in racial diversity, albeit small, mirrors national trends towards increasing diversity, even in traditionally homogeneous rural areas.
Corona remains a White majority community with low diversity, but there are subtle signs of demographic change. The economic volatility experienced over the past decade appears to be stabilizing, potentially providing a more solid foundation for future community development and possible further diversification.
