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Demographics
Population
Median Income
Racial Distributions
Zip code 70504 in Lafayette, Louisiana, is classified as a "Moderate Diversity" community as of 2022. The area has a population of 764 people, with Black residents comprising 48% and White residents 51% of the population. There is a small Hispanic presence of 1%. The median income in 2022 was $84,815, indicating a relatively affluent neighborhood. The zip code covers a small geographic area of 0.2 square miles.
This zip code has experienced significant demographic changes over the past decade. In 2013, it was categorized as a "White Majority" area with 76% white residents. By 2020, it had transitioned to a "Black Majority" with 55% black residents. The community has alternated between "White Majority," "Black Plurality," and "Moderate Diversity" categories throughout this period. The 2022 data shows a near-even split between Black and White residents, placing it in the "Moderate Diversity" category. These changes suggest a "Transitional Community" status.
The median income in the area has shown an upward trend, increasing from $54,820 in 2013 to $84,815 in 2022, representing a 55% increase over nine years. This economic growth has occurred alongside the demographic shifts. The highest median income of $99,589 was recorded in 2021, coinciding with a period of "Black Plurality." The population has fluctuated, with a notable increase to 1,113 residents in 2020 before decreasing to 764 in 2022.
The demographic shifts observed in this zip code are more pronounced than typical national trends. The rapid transition from a White Majority to a near-even split between White and Black residents in less than a decade is uncommon. This could indicate broader changes in Lafayette or specific local factors influencing population movement.
The increase in median income surpasses national averages, suggesting significant economic growth in this small area. This could be attributed to an influx of higher-income residents, improvements in local economic conditions, or a combination of these factors.
Zip code 70504 in Lafayette presents a case of rapid demographic transition coupled with strong economic growth. As a "Moderate Diversity" and "Transitional Community," it reflects broader national trends towards increased diversity but at an accelerated pace. The economic resilience demonstrated throughout these changes suggests a dynamic and adaptable local community.