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Racial Composition and Income Analysis of Zip Code 03031: A Study in Low Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 03031 in Amherst, New Hampshire, exhibits low diversity as of 2022. The population is 94% white, indicating a highly homogeneous racial composition. The median income in 2022 was $137,923, signifying a high-income community.
Over the past decade, this zip code has maintained its low diversity status. The white population has consistently remained above 91%. Minimal changes have occurred in other racial groups, with slight increases in Asian and Hispanic populations, reaching 2% and 3% respectively in 2022. The community has not transitioned between diversity categories, suggesting entrenched demographic patterns.
The median income in this zip code has shown an upward trend over the past decade, increasing from $121,176 in 2013 to $137,923 in 2022, a 13.8% rise. The population has grown modestly from 11,713 in 2013 to 12,130 in 2022, a 3.6% increase. This suggests the area has become increasingly attractive to new residents, likely due to high income levels.
The demographic makeup of this zip code is less diverse than the United States as a whole. As of 2021, the white alone (not Hispanic or Latino) population in the US was about 59.3%, significantly lower than the 94% in this zip code. The median household income in the United States was $69,021 in 2022, making the median income in this zip code nearly double the national average.
The stability in racial composition, coupled with rising incomes, suggests this area may be experiencing "opportunity hoarding," where high-income communities remain exclusive and limit demographic change. This could have implications for housing affordability, school funding, and overall community diversity.
In conclusion, while economically prosperous, this zip code shows little sign of increasing racial diversity over the past decade. This trend diverges from national patterns of increasing diversity in many urban and suburban areas, positioning Amherst as a homogeneous and affluent enclave within the broader demographic landscape of the United States.
