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Demographics
Population
Median Income
Racial Distributions
Elco in Pennsylvania exhibits a demographic profile characterized by low diversity. As of 2022, the community has a population of 77, with a white majority of 91%. This small, predominantly white community has experienced minor changes in its racial composition and economic status over the past decade.
Throughout the period from 2013 to 2022, Elco has maintained its status as a low diversity community. The white population has remained above 90% for most years, with only slight fluctuations. The white population decreased from 97% in 2013 to 91% in 2022. The Hispanic population increased from no recorded presence in 2013 to 1% in 2022, peaking at 3% in 2020-2021. The proportion of individuals identifying as two or more races increased from 2% in 2013 to 5% in 2022.
The median income in Elco has shown some variability. It increased from $40,789 in 2013 to a peak of $49,106 in 2016. After 2016, it experienced a decline, reaching a low of $44,317 in 2019. Since 2019, there has been a recovery, with the median income rising to $47,934 in 2022. The period of highest income (2014-2017) coincided with a slight decrease in the white population percentage. The population has declined slightly from 89 in 2013 to 77 in 2022.
The slow pace of diversification observed in Elco is not uncommon in small, rural communities, particularly in regions with historically low minority populations.
Based on the observed trends, Elco is likely to continue as a low diversity community in the near future. If current trends persist, the community might slowly transition towards a moderate diversity category over the next few decades. The Hispanic and multiracial populations may continue to grow incrementally. Economic fluctuations may continue, potentially influenced by broader regional trends rather than local demographic shifts due to the small population size.
In such a small community, minor changes in population can lead to significant percentage shifts. Future demographic and economic trends may be more influenced by broader regional economic factors, migration patterns, and generational changes rather than internal demographic dynamics.