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Demographics
Population
Median Income
Racial Distributions
Searsboro, Iowa (zip code 50242) is categorized as a Low Diversity community with a White Majority. As of 2022, the white population constitutes 95% of the total, with a Hispanic presence of 3% and individuals of two or more races at 2%. The median income for 2022 was $76,038, and the population was 469, showing a decline from previous years.
Over the past decade, Searsboro has maintained its status as a Low Diversity community with a strong White Majority. The white population percentage has remained relatively stable, fluctuating between 92% and 96% from 2013 to 2022. There has been a small increase in the Hispanic population, from 0% in 2018 to 3% in 2022, indicating a slight trend towards a Transitional Community. The percentage of individuals identifying as two or more races has remained consistent at around 1-3% throughout the decade.
The median income in Searsboro has shown fluctuation over the past decade. There was an increase from $67,559 in 2013 to $78,179 in 2019, representing a peak in economic prosperity. Following 2019, there was a slight decline, with the median income settling at $76,038 in 2022. Despite fluctuations, the overall trend shows an increase in median income over the decade, suggesting improved economic conditions for residents.
The population has shown a general declining trend, from 638 in 2010 to 469 in 2022. This population decrease, coupled with the overall increase in median income, might suggest that while some residents may have left the area, those who remained have experienced economic growth.
The persistent Low Diversity status of Searsboro contrasts with national trends towards increasing diversity in many urban and suburban areas. The gradual increase in median income aligns with broader economic recovery trends following the 2008 recession, though the recent slight decline might reflect economic challenges faced nationwide in the wake of the COVID-19 pandemic. The declining population trend might be indicative of broader rural-to-urban migration patterns seen in many parts of the United States, where smaller towns often experience population loss as residents move to larger urban centers for economic opportunities.
In conclusion, while Searsboro has maintained its status as a Low Diversity, White Majority community over the past decade, subtle shifts in demographics and more pronounced changes in economic indicators suggest a community in slow transition. The interplay between declining population and increasing median income presents a dynamic that could shape the future socio-economic landscape of this small Iowa city.