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Demographic Analysis of Cave Springs, Arkansas (ZIP 72718): A Study of Racial Composition from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Cave Springs, Arkansas (ZIP code 72718) exhibits a specific demographic profile as of 2022. The population is 5,429 with a median income of $126,960. It is classified as a "Low Diversity" community. The area is predominantly white, comprising 76% of the population. Evidence suggests increasing diversity over the past decade.
The demographic composition of Cave Springs has maintained its "Low Diversity" status over the past decade, with the white population consistently representing over 75% of the total. Data indicates a gradual transition towards greater diversity. The white population decreased from 86% in 2013 to 76% in 2022. The Hispanic population increased from 5% in 2013 to 9% in 2022. The "Two or More Races" category experienced significant growth, from 0% in 2013 to 10% in 2022.
These demographic shifts correlate with substantial economic growth in Cave Springs. The median income increased from $98,706 in 2013 to $126,960 in 2022, a 28.6% increase. The population more than doubled from 2,344 in 2013 to 5,429 in 2022.
Cave Springs' demographic evolution reflects broader national trends of increasing diversity in suburban areas. The rapid population growth and high median income suggest that Cave Springs may be experiencing suburbanization and possibly gentrification. These are common phenomena in growing metropolitan areas across the United States.
The median household income in Cave Springs ($126,960) is higher than the national median ($70,784 as of 2021), indicating an affluent community. This high income level, combined with the increasing diversity, suggests that Cave Springs may be attracting educated, high-earning professionals from various backgrounds.
Cave Springs remains a "Low Diversity" community predominantly white, but shows signs of evolving into a more diverse, affluent suburb. The correlation between increasing diversity and rising incomes suggests a positive economic impact from these demographic shifts. If this trend continues, Cave Springs may transition from a "Low Diversity" to a "Moderate Diversity" community, reflecting broader national patterns of suburban diversification and economic growth.
