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Demographics
Population
Median Income
Racial Distributions
The zip code 04539 in Damariscotta, Maine, is classified as having Low Diversity as of 2022, with a predominantly White population (85%). The median income in 2022 was $69,018, and the population was 1,645. This area has experienced some demographic changes over the past decade.
From 2013 to 2019, the area maintained a high level of Low Diversity, with the White population comprising 94-99% of the total. In 2020, a shift towards increased diversity began. The percentage of individuals identifying as two or more races increased from 1% in 2019 to 14% in 2020, and remained at 15% in 2022. Despite this increase, the community still falls under the Low Diversity category due to the White population remaining the dominant majority at 85% in 2022.
The demographic shifts correlate with economic changes. The median income increased from $59,279 in 2013 to $69,018 in 2022, a 16.4% increase over the decade. The population grew from 1,436 in 2013 to 1,645 in 2022, a 14.6% increase. The period of increased racial diversity (2020-2022) coincides with a slight decrease in median income from its peak of $69,932 in 2020 to $69,018 in 2022, though this level remains higher than pre-2020 figures.
The increase in racial diversity is notable for a rural area in Maine, which is historically one of the least diverse states in the US. The overall increase in median income over the decade aligns with national trends of economic recovery and growth following the 2008 recession. The 14.6% population growth over the decade is significant, potentially indicating the area's growing attractiveness to new residents or natural population increase.
In conclusion, Damariscotta remains a Low Diversity area but shows early signs of transitioning towards increased racial diversity. This demographic shift coincides with overall positive economic trends, including population and income growth. The subtle income decrease in the most recent years as diversity increased warrants further monitoring to understand if it is a temporary fluctuation or the beginning of a new trend. These changes may be indicative of broader socio-economic shifts in rural Maine communities.