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Demographic Analysis of Roscoe, Pennsylvania: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Roscoe, Pennsylvania, is classified as a Low Diversity community with a predominantly White population of 90% in 2022. The median income was $54,021 in 2022, indicating a moderate economic status for a small town. The population of Roscoe in 2022 was 617.
Over the past decade, Roscoe has maintained its classification as a Low Diversity community. The White population decreased from 99% in 2013 to 90% in 2022. The population identifying as two or more races increased from 1% in 2013 to 9% in 2022. These changes suggest a gradual transition towards increased diversity.
The median income in Roscoe increased from $43,837 in 2013 to $54,021 in 2022, representing a 23.2% growth over nine years. This income growth occurred simultaneously with the gradual increase in racial diversity. The population of Roscoe fluctuated during this period, reaching a peak of 845 in 2017 before declining to 617 by 2022.
The trend of increasing diversity in Roscoe aligns with national patterns of growing diversity in many American communities. The income growth also generally corresponds with national trends of economic recovery and growth following the 2008 recession.
Based on observed trends, Roscoe is likely to continue its slow transition towards greater diversity. The community may evolve from Low Diversity to Moderate Diversity within the next decade. The percentage of residents identifying as two or more races may increase to 15-20% by 2030. The White population may decrease to 80-85%, maintaining a Racial Majority but with a more diverse community overall.
If the positive income trend continues, median income in Roscoe could potentially reach $60,000-$65,000 by 2030. The declining population trend is a concern that could impact future economic growth and community vitality.
Roscoe remains a Low Diversity community but shows signs of gradual transition. The coming years may see it evolve into a Transitional Community, characterized by increasing racial diversity and continued economic growth, provided it can address the challenges posed by its declining population.
