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Demographics
Population
Median Income
Racial Distributions
The zip code 18940 in Newtown Grant, Pennsylvania, is classified as having Low Diversity with a White Majority as of 2022. The area has a population of 30,764 and a median income of $132,634, indicating an affluent suburban community.
Over the past decade, this zip code has maintained its status as a White Majority area. The percentage of white residents has decreased from 89% in 2013 to 81% in 2022, showing a slow transition towards greater diversity. The Asian population has grown from 6% in 2013 to 8% in 2022, and residents identifying as two or more races have increased from 1% in 2013 to 5% in 2022.
The area remains in the Low Diversity category, as the white population is over 75%. The median income has fluctuated but remained high, with a significant increase from $134,908 in 2020 to $149,056 in 2021, followed by a decrease to $132,634 in 2022.
Increasing diversity appears to correlate with periods of higher median income. The peak median income in 2021 coincides with one of the most diverse years in terms of racial composition, suggesting the area may be attracting high-income individuals from diverse backgrounds.
The zip code's demographic composition and economic status differ from national averages. The median household income in the United States was around $70,784 in 2021, making this area nearly twice as affluent. The racial composition also differs from national trends, with this zip code remaining predominantly white at 81% compared to the national average of about 60% non-Hispanic whites.
In conclusion, the 18940 zip code in Newtown Grant, Pennsylvania, remains a predominantly white, affluent area with Low Diversity. There are signs of a slow transition towards greater racial diversity. This gradual shift, coupled with high median incomes, suggests a community that may be slowly evolving while maintaining its economic prosperity. If current trends continue, the area may transition from Low Diversity to Moderate Diversity in the coming years.