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Demographics
Population
Median Income
Racial Distributions
Zip code 92662 in Newport Beach, California, is categorized as having "Low Diversity" as of 2022. The population is 96% white, with minimal representation from other racial groups. The median income in this zip code reached $130,160 in 2022, which is significantly above national averages.
Over the past decade, this zip code has maintained its status as a "Low Diversity" area. The white population has remained the overwhelming majority, fluctuating between 91% and 98% from 2013 to 2022. There have been no significant transitions between diversity categories during this period. The Hispanic population decreased from 5% in 2013 to 3% in 2022. The Asian population increased slightly from 1% in 2013 to 2% in 2022. Other racial groups have maintained minimal representation throughout the decade.
The zip code has experienced significant economic growth over the past decade. Median income has risen from $94,873 in 2013 to $130,160 in 2022, an increase of about 37%. This growth in income has occurred alongside a slight decrease in population, from 2,903 in 2013 to 2,346 in 2022. The inverse relationship between population decline and income growth suggests a trend of increasing affluence in the area.
The median income in this zip code is significantly higher than the national average, indicating an exceptionally affluent area. The lack of racial diversity stands in contrast to broader trends in many urban and suburban areas across the United States, which have generally been moving towards greater diversity. The population decline in this zip code goes against the trend of population growth seen in many desirable coastal areas of California, suggesting that factors such as high housing costs might be limiting population growth despite the area's apparent economic prosperity.
Zip code 92662 in Newport Beach presents a picture of a highly affluent, predominantly white community that has maintained its demographic composition over the past decade while experiencing significant economic growth. The area's resistance to diversification and its increasing affluence suggest a community that may be facing challenges related to inclusivity and affordability, despite its economic success. These trends raise questions about long-term sustainability and social equity in the face of broader societal pushes for increased diversity and inclusion.