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Demographics
Population
Median Income
Racial Distributions
Pen Argyl, Pennsylvania, is categorized as a "Low Diversity" area. As of 2022, the white population comprises 87% of the total, exceeding the 75% threshold for this classification. The city's current median income is $72,020, reflecting the economic status of its 3,511 residents.
Over the past decade, Pen Argyl has maintained its "Low Diversity" status. However, gradual changes in demographics are evident. The white population decreased from 96% in 2013 to 87% in 2022. The Hispanic population experienced the most significant growth, increasing from 2% in 2013 to 9% in 2022. The black population rose slightly from 0% to 3%, and the percentage of individuals identifying as two or more races increased from 1% to 2%.
The median income in Pen Argyl has shown overall growth, increasing from $66,217 in 2013 to $72,020 in 2022, an increase of about 8.8%. This growth has not been linear. There was a significant drop in median income between 2013 and 2014, from $66,217 to $61,592. Income levels fluctuated in subsequent years but showed a general upward trend. A notable spike occurred in 2021, with median income reaching $76,909, before decreasing to $72,020 in 2022.
The economic changes appear to correlate with the gradual increase in diversity. As the community has become slightly more diverse, there has been a general upward trend in median income, suggesting that the influx of new residents may be contributing positively to the local economy.
The trends observed in Pen Argyl align with broader national patterns of increasing diversity in smaller communities and suburban areas. The gradual increase in Hispanic population, in particular, reflects wider demographic shifts seen across many parts of the United States.
Based on the observed trends, Pen Argyl is likely to continue its slow transition towards greater diversity over the coming years. While it may remain in the "Low Diversity" category in the near term, there is a possibility it could transition into a "Transitional Community" category within the next decade if current trends persist.
Economically, the area seems poised for continued modest growth, barring any significant external economic shocks. The correlation between increasing diversity and rising median incomes suggests that this demographic shift could contribute to economic resilience and growth in the community.
In conclusion, Pen Argyl remains a predominantly white, low-diversity community, but it is showing signs of gradual change. This evolution, coupled with generally positive economic indicators, points to a community in the early stages of a demographic and economic transition that could reshape its character over the coming years.