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Demographics
Population
Median Income
Racial Distributions
Bobtown, Pennsylvania, exhibits characteristics of Low Diversity, with a predominantly White population (94% in 2022). The city's median income in 2022 was $48,822, a decrease from previous years. With a population of 915 in 2022, Bobtown has experienced fluctuations in its demographic and economic landscape over the past decade.
Throughout the analyzed period (2013-2022), Bobtown has consistently maintained a Low Diversity categorization. The White population has remained the dominant racial group, with percentages ranging from 91% to 98%. There have been minimal changes in other racial categories, with slight increases in the Hispanic population (from 0% in 2013 to 3% in 2022) and fluctuations in the Two or More Races category (peaking at 6% in 2013 and dropping to 0% in 2021 before rising to 4% in 2022).
The median income in Bobtown has shown volatility over the years. From 2013 to 2019, there was a general upward trend, with the median income rising from $57,182 to $61,514. However, 2022 saw a decline to $48,822, representing a 20.6% decrease from the 2019 peak.
The population has experienced fluctuations, decreasing from 1,142 in 2010 to a low of 704 in 2019, before rebounding to 915 in 2022. This recent population growth coincides with the decrease in median income, suggesting an influx of lower-income residents or economic challenges affecting the entire community.
Based on the observed trends, Bobtown is likely to remain categorized as Low Diversity in the near future, given the consistently high percentage of White residents. However, the subtle increases in Hispanic and Two or More Races categories suggest a potential slow transition towards slightly more diversity.
Economically, if the recent trend continues, Bobtown might face challenges with declining incomes. This could lead to changes in the local economic landscape, potentially affecting housing markets, local businesses, and community services.
In terms of population, the recent rebound suggests a possible stabilization or slow growth trend. If this continues alongside the subtle increases in diversity, Bobtown might gradually move towards a Transitional Community category over the next decade, albeit at a slow pace.
The interplay between these demographic and economic trends will be crucial to monitor. If the Hispanic and multiracial populations continue to grow while median incomes recover, it could signal a shift towards Moderate Diversity and potentially more economic opportunities. However, if incomes continue to decline, it might lead to further demographic shifts as residents seek opportunities elsewhere.
In conclusion, while Bobtown currently remains a Low Diversity community with recent economic challenges, subtle demographic shifts and population growth suggest the potential for gradual changes in its community composition and economic landscape in the coming years.