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Demographics
Population
Median Income
Racial Distributions
Valparaiso, Indiana, as of 2022, is classified as a "Low Diversity" community. The city's population of 49,761 is predominantly white, comprising 84% of the total. The median income is $70,401, indicating a moderately affluent, mid-sized suburban area.
Over the past decade, Valparaiso has maintained its "Low Diversity" status. However, subtle shifts in demographics have occurred. The white population decreased from 88% in 2017 to 84% in 2022. Concurrently, small increases in Asian, Black, and multiracial populations have been observed. The Hispanic population has remained stable at approximately 7%.
The median income in Valparaiso has shown an overall upward trend, increasing from $62,379 in 2013 to $74,458 in 2021, before decreasing slightly to $70,401 in 2022. The city's population has grown steadily, from 44,682 in 2010 to 49,761 in 2022, representing an 11% increase.
Valparaiso's demographic composition is less diverse than the national average. The gradual increase in diversity aligns with broader national trends of increasing diversity in suburban areas.
Based on observed trends, Valparaiso is likely to continue its slow progression towards greater diversity over the next decade. However, given the current pace of change, it is unlikely to shift out of the "Low Diversity" category in the near future.
If current trends continue or accelerate, Valparaiso may transition into a "Transitional Community" category within the next 10-15 years. This would be characterized by a continued decrease in the white population, potentially dropping below 75%, and increases in Asian, Black, Hispanic, and multiracial populations.
Economically, if the upward trend in median income continues, further economic growth and increased attraction for diverse, skilled professionals may be expected.
Demographic changes often occur slowly, and Valparaiso's strong white majority suggests that any transition to a significantly more diverse community would likely take place over several decades rather than years.