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Demographics
Population
Median Income
Racial Distributions
Wellsville in Pennsylvania is characterized as a Low Diversity community. The population is predominantly White, comprising 98% in 2022. The median income in the city has shown an upward trend over the past decade, reaching $70,119 in 2022, indicating a relatively stable economic environment.
Throughout the analyzed period from 2013 to 2022, Wellsville has maintained its status as a Low Diversity community. The White population has consistently remained above 90%, with minimal representation from other racial groups. A slight increase in the Hispanic population was observed, from 0% in 2015 to 2% in 2022, but this change is not significant enough to alter the overall demographic category.
The community briefly showed potential for transitioning towards Moderate Diversity between 2015-2018, with the percentage of residents identifying as two or more races reaching 4-6%. However, this trend reversed in recent years, with the two or more races category dropping to 0% by 2021.
The median income in Wellsville has shown a generally positive trend, increasing from $53,406 in 2013 to $70,119 in 2022, representing a growth of about 31% over nine years. This economic growth has occurred alongside relatively stable racial demographics, suggesting that the economic improvements have been broadly distributed within the existing population.
The population has fluctuated over the years, with a notable increase from 736 in 2016 to 1,107 in 2019, followed by a decrease to 929 in 2022. These population changes do not appear to have significantly impacted the racial composition or economic trends of the community.
Wellsville appears to be maintaining its homogeneous racial composition, in contrast to many urban and suburban areas that have experienced significant demographic shifts over the same period. The income growth in Wellsville is positive, but without more regional context, it is difficult to determine how it compares to similar communities in Pennsylvania or nationwide.
Based on the observed trends, Wellsville is likely to remain a Low Diversity community in the near future. The slight increase in Hispanic population and the historical presence of residents identifying as two or more races suggest potential for a very gradual shift towards more diversity. However, given the current demographics and recent trends, any transition would likely be slow.
If current trends continue, a slight increase in diversity over the next decade might be observed, potentially moving Wellsville towards the lower bounds of what could be considered Moderate Diversity. This would likely be driven by gradual increases in Hispanic and multiracial populations.
Economically, if the upward trend in median income continues, it could lead to increased prosperity in the community. However, it will be important to monitor whether this economic growth attracts a more diverse population or if it primarily benefits the existing demographic makeup.
In conclusion, while Wellsville has experienced economic growth, its demographic composition has remained largely stable. The community's future will likely involve a balance between maintaining its current character and adapting to broader societal trends towards increased diversity.