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Demographics
Population
Median Income
Racial Distributions
Zip code 36043 in Montgomery, Alabama is classified as a "Moderate Diversity" area as of 2022. The community comprises 54% White residents, 41% Black residents, and 4% Hispanic residents. The current median income is $61,597, with a population of 2,810.
Over the past decade, this zip code has maintained its "Moderate Diversity" status, with notable fluctuations. In 2013, it was a "White Majority" community (57% White, 38% Black). By 2019, it shifted to a "Majority-Minority" status, with the White population decreasing to 50% and the Black population increasing to 41%. From 2020 to 2022, the area reverted to a White plurality but remained close to the "Majority-Minority" threshold. The Hispanic population has remained relatively stable at 2-4% throughout the decade.
The median income in this zip code has shown significant volatility over the past decade. It peaked in 2014 at $62,508, sharply declined to $47,152 in 2017 coinciding with the period when the community was closest to becoming "Majority-Minority", and has since recovered to $61,597 in 2022. Periods of higher income seem to correlate with a stronger White majority or plurality, while the lowest income period coincided with a more balanced racial composition.
The population has remained relatively stable, fluctuating between about 2,600 and 2,900 residents throughout the decade.
The demographic shifts in this zip code reflect broader national trends of increasing diversity in many urban and suburban areas. The economic volatility, particularly the sharp decline and subsequent recovery in median income, may be related to local economic factors in Montgomery or broader economic events affecting similar mid-sized cities in the Southeast. The maintenance of a relatively stable population despite economic fluctuations suggests that this area has retained its appeal to residents.
In conclusion, zip code 36043 in Montgomery, Alabama, presents a case of moderate but increasing diversity, coupled with significant economic fluctuations over the past decade. The area has maintained a balance between White and Black populations, hovering near the threshold of becoming a "Majority-Minority" community. The economic fluctuations, particularly in median income, appear to correlate with these demographic shifts, suggesting a relationship between racial composition and economic prosperity in this community.