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Demographic Analysis of Zip Code 95623: Predominantly White with Gradual Diversity Increase
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 95623 in Diamond Springs, California, is classified as having Low Diversity as of 2022. The area's population is 83% white, meeting the criteria for Low Diversity where one racial group comprises over 75% of the population. Over the past decade, this zip code has maintained its Low Diversity status, but subtle demographic shifts have occurred.
The white population has decreased slightly from 89% in 2017 to 83% in 2022. The Hispanic population has fluctuated between 6% and 11%, currently at 9% in 2022. Notably, individuals identifying as two or more races have increased from 1% in 2013 to 5% in 2022. The Asian population has remained relatively stable at 1-3% throughout the decade. These changes suggest a gradual trend towards increased racial diversity, although not sufficient to change the area's diversity classification.
Economic trends in the zip code show significant fluctuations in median income over the past decade. In 2013, the median income was $64,878. It decreased to $61,688 in 2014 but then showed a general upward trend. A substantial increase to $79,523 occurred in 2019. The most recent data for 2022 indicates a median income of $76,079. The highest median income of $87,489 was recorded in 2021, coinciding with a slight increase in population diversity.
Population figures have remained relatively stable, fluctuating between approximately 4,250 and 4,850 residents over the decade. The most recent data for 2022 shows a population of 4,496.
While national trends have shown increasing diversity in many areas, this zip code has maintained its status as a predominantly white area. However, the gradual increase in diversity, particularly in the "two or more races" category, aligns with broader national trends of increasing multiracial populations.
The economic growth seen in this zip code, with median income rising from around $65,000 to over $76,000 in a decade, outpaces national averages. This suggests that despite its low diversity, the area has experienced significant economic development.
In conclusion, zip code 95623 remains categorized as Low Diversity, but subtle demographic shifts and significant economic growth over the past decade indicate a community in slow transition. The correlation between increasing diversity and rising median income suggests potential benefits of this gradual demographic change, though further analysis would be needed to establish causation.
