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Demographics
Population
Median Income
Racial Distributions
Zip code 95630 in Folsom, California, is categorized as a "White Majority" community with "Moderate Diversity" as of 2022. The area has a population of 81,198 and a median income of $125,541, indicating a relatively affluent suburban environment.
Over the past decade, Folsom has transitioned from a "Low Diversity" community to one with "Moderate Diversity." In 2013, the white population constituted 64% of the total, bordering on "Low Diversity." By 2022, this percentage decreased to 56%, while other racial groups, particularly Asian and Hispanic populations, saw significant increases.
The Asian population grew from 13% in 2013 to 18% in 2022, while the Hispanic population increased from 12% to 15% during the same period. This shift indicates a trend towards a more diverse community, though it still maintains a white majority. The community could be classified as a "Transitional Community" due to the consistent increase in Asian and Hispanic populations, as well as the growth in the "Two or More Races" category from 3% to 6% over the decade.
The demographic shifts correlate with a substantial increase in median income. From 2013 to 2022, the median income rose from $112,368 to $125,541, an 11.7% increase. This trend suggests that the increasing diversity may be linked to economic opportunities attracting a more varied workforce to the area.
The population growth from 72,603 in 2013 to 81,198 in 2022 (an 11.8% increase) aligns closely with the income growth, indicating a steady influx of new residents, likely drawn by economic prospects and potentially contributing to the area's increasing diversity.
The trends observed in Folsom align with broader patterns seen in many suburban areas near major metropolitan centers. The increasing diversity, coupled with rising incomes, suggests that Folsom may be experiencing: 1) Tech industry growth: The rising Asian population and increasing incomes could indicate an influx of tech workers, a trend seen in many California suburbs. 2) Suburban diversification: The gradual shift from low to moderate diversity reflects a national trend of increasing diversity in suburban areas. 3) Economic opportunity: The rising incomes and population growth suggest that Folsom is an economically attractive area, potentially drawing a more diverse workforce from surrounding regions.
Folsom (95630) is evolving from a predominantly white, low-diversity suburb to a more diverse, affluent community. This transition reflects broader socio-economic trends of suburban diversification and economic growth, likely influenced by its proximity to major California urban centers. As the community continues to evolve, it may face both opportunities and challenges associated with managing rapid growth and increasing diversity.