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Demographic Analysis of Cedar Falls, Iowa: A Study of Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Cedar Falls, Iowa, as of 2022, is categorized as a city with Low Diversity, with a white majority comprising 90% of the population. The city's median income of $67,387 in 2022 indicates a relatively stable economic status, though it has fluctuated over the past decade.
Over the past decade, Cedar Falls has consistently maintained its status as a Low Diversity community with a strong White Majority. However, there are subtle signs of increasing diversity. The white population has decreased slightly from 92% in 2013 to 90% in 2022. Asian and Hispanic populations have shown small but steady increases, both growing from 1% in 2013 to 4% and 3% respectively in 2022. The Black population has remained relatively stable at 2-3% throughout the decade.
The median income in Cedar Falls has shown overall growth, rising from $61,871 in 2013 to $67,387 in 2022, an increase of about 8.9%. This growth has not been linear. There was a significant jump in median income between 2018 and 2019, rising from $65,586 to $69,189. The highest median income was recorded in 2021 at $71,509. A notable decrease occurred between 2021 and 2022, dropping from $71,509 to $67,387.
The slow increase in diversity in Cedar Falls aligns with broader national trends of increasing diversity in many American cities. However, the pace of change in Cedar Falls appears to be slower than in many urban areas across the country.
Based on the observed trends, Cedar Falls will likely continue to be categorized as a Low Diversity community with a White Majority for the foreseeable future. If the slow trend towards increased diversity continues, the city might transition into a Moderate Diversity category within the next few decades. This would require continued growth in the Asian, Hispanic, and Black populations.
Economically, the city seems poised for continued stability with potential for growth, barring any significant external economic shocks. The recent dip in median income from 2021 to 2022 will be important to monitor to determine if it's an anomaly or the start of a new trend.
Cedar Falls remains a predominantly white community with relatively low diversity. Subtle shifts suggest a very gradual move towards increased diversity. This change, coupled with generally positive economic indicators, points to a stable community that may be slowly evolving in its demographic makeup.
