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Demographics
Population
Median Income
Racial Distributions
New Haven, Indiana, exhibits a demographic profile categorized as "Low Diversity" as of 2022. The white population constitutes 86% of the total, dominating the city's racial composition. The median income is $57,993, indicating a moderate economic status for a small city of approximately 24,658 residents.
Over the past decade, New Haven has maintained its "Low Diversity" status. The white population has slightly decreased from 89% in 2015 to 86% in 2022, suggesting a slow trend towards increased diversity. The black population has increased from 3% in 2014 to 5% in 2022, and those identifying as two or more races have grown from 1% in 2013 to 3% in 2022. The Hispanic population has remained relatively stable between 4-6% throughout the decade.
The median income in New Haven has fluctuated over the years, showing an overall upward trend. It rose from $56,213 in 2013 to a peak of $63,451 in 2021, before declining to $57,993 in 2022. This general increase suggests a gradual improvement in economic conditions for residents. The population has grown slightly from 24,319 in 2013 to 24,658 in 2022, indicating a stable community with minimal growth.
New Haven's change in diversity appears to be occurring at a slower rate than national trends, which have shown more significant shifts towards diversity in many urban and suburban areas.
Based on observed trends, New Haven will likely continue to be categorized as a "Low Diversity" community in the near future. If the slow trend towards increased diversity continues, the city might transition into a "Moderate Diversity" category over the next 10-20 years. This transition would likely be accompanied by continued gradual increases in median income, assuming favorable economic conditions.
The slight increase in the black population and those identifying as two or more races suggests that these groups may continue to grow, potentially leading to a more diverse community in the long term. However, given the current slow pace of change, any significant shift in the demographic makeup would likely take several decades.
Economically, if the upward trend in median income continues, further improvements in the economic status of residents might be observed. This could potentially attract more diverse populations to the area, further accelerating the slow trend towards increased diversity.
In conclusion, while New Haven remains a predominantly white, low-diversity community, subtle shifts in its demographic makeup and economic indicators suggest a very gradual move towards increased diversity and economic growth. Significant changes to the city's demographic categorization are likely to occur only over an extended period, barring any major external factors that could accelerate these trends.