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Demographics
Population
Median Income
Racial Distributions
The zip code 93923 in Carmel-by-the-Sea, California, is classified as a "Low Diversity" community with a "Racial Majority" as of 2022. The population is predominantly white, comprising 77% of residents. The median income is $112,551, indicating an affluent area. However, demographic shifts are becoming apparent and warrant further examination.
Over the past decade, Carmel-by-the-Sea has maintained its "Low Diversity" status with a strong "White Majority." Nonetheless, subtle changes are occurring. The white population has decreased from 85% in 2013 to 77% in 2022. The Hispanic population has increased from 7% in 2013 to 11% in 2022, showing the most significant growth among minority groups. The "Two or More Races" category has risen from 1% in 2013 to 5% in 2022, indicating increasing complexity in racial identities. The Asian population has remained relatively stable, growing slightly from 3% to 5% over the decade.
These trends suggest that while Carmel-by-the-Sea remains a "Low Diversity" community, it is gradually transitioning towards a more diverse demographic composition. If these trends persist, the area may eventually be categorized as a "Transitional Community" in future years.
The median income in Carmel-by-the-Sea has fluctuated over the years but has generally remained high. It has consistently exceeded $100,000 throughout the observed period, with a peak of $125,452 in 2021. A notable decrease in median income occurred from 2021 to 2022, dropping from $125,452 to $112,551. The population has remained relatively stable, with minor fluctuations between 15,000 and 16,500 residents over the decade.
The high median income suggests that the area remains attractive to affluent residents, potentially influencing the pace of demographic change. The gradual increase in diversity has not significantly impacted the overall economic status of the community, indicating that new residents may be of similar socioeconomic backgrounds.
Carmel-by-the-Sea's demographic composition and high median income are not typical of California as a whole, which is known for its diversity and has a lower median household income. The slow pace of diversification in Carmel-by-the-Sea contrasts with broader trends in many California cities, which have experienced more rapid demographic shifts over the past decade. The area's persistent high median income and slow demographic change suggest it may be less affected by broader economic and social trends impacting other parts of California and the nation.
In conclusion, while Carmel-by-the-Sea remains a predominantly white, affluent community with "Low Diversity," subtle demographic shifts are occurring. These changes, if continued, may gradually transform the community's character over time, potentially leading to increased diversity and new socio-economic dynamics in the future.