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Demographics
Population
Median Income
Racial Distributions
The 94518 zip code in Concord, California is classified as a "Moderate Diversity" community as of 2022. The white population comprises 49% of the total, while the Hispanic population accounts for 28%. No single racial group holds a majority in this area. The community has experienced significant economic growth, with the median income increasing from $85,712 in 2013 to $105,587 in 2022, indicating a prosperous and evolving community.
Over the past decade, this zip code has transitioned from a "White Majority" community to one of "Moderate Diversity." In 2013, the white population constituted 54% of the total, qualifying as a "Racial Majority." By 2022, this percentage decreased to 49%, while the Hispanic population increased from 26% to 28%, and the Asian population grew from 12% to 13%. The community has also shown characteristics of a "Transitional Community," particularly with the growth in the "Two or More Races" category, which increased from 3% in 2013 to 7% in 2022. This trend suggests an increasing acceptance of multiracial identities and intercultural relationships.
The demographic shifts have occurred alongside significant economic growth. The median income has increased by approximately 23% from 2013 to 2022, rising from $85,712 to $105,587. This growth outpaces inflation for the same period, indicating real economic gains for the community. The increasing diversity coincides with rising incomes, challenging any notion that increased diversity might lead to economic decline. Instead, it suggests that the area has likely attracted a diverse range of skilled professionals, possibly due to its proximity to the San Francisco Bay Area's tech industry.
The population has grown steadily, from 27,009 in 2013 to 29,041 in 2022, a 7.5% increase. This growth, combined with rising incomes, suggests that the area has become increasingly attractive to new residents from various backgrounds.
The demographic shifts in this Concord zip code mirror broader trends seen across California and many urban areas in the United States. The decrease in the white majority and increase in Hispanic and Asian populations align with statewide demographic changes. The economic growth in this area has been particularly strong compared to national averages. While the U.S. median household income grew from about $52,000 in 2013 to $70,000 in 2022 (a 34% increase), this zip code's median income grew by 23% but started and ended at a much higher level, indicating it's an affluent area even within the context of California's high-income regions.
The combination of increasing diversity and strong economic growth suggests that this Concord community has successfully navigated demographic changes while maintaining and enhancing its economic prosperity. This could serve as a model for other communities facing similar transitions, demonstrating that diversity and economic success can coexist.