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Demographic Analysis of Zip Code 05651: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 05651 in East Montpelier, Vermont, is classified as a "Low Diversity" community as of 2022. The population is predominantly white, with 95% identifying as such. The current median income is $63,415, and the total population is 1,516.
East Montpelier has maintained its "Low Diversity" status over the past decade. The white population has consistently remained above 90% from 2013 to 2022, with minor fluctuations. There are subtle indications of increasing diversity. The Hispanic population reached 6% in 2015 but decreased to 2% by 2022. The population identifying as two or more races increased from 0% in 2013-2015 to 1-2% in recent years. The Black population was first recorded at 1% in 2022.
The median income has fluctuated over the past decade. It was $57,031 in 2013, peaked at $71,362 in 2021, and decreased to $63,415 in 2022. This trend shows a moderate increase in median income over time, with a notable peak followed by a decrease in the most recent year.
The population of East Montpelier declined from 1,565 in 2013 to 1,374 in 2019, then increased to 1,516 in 2022. This recent population growth coincides with the income peak in 2021, potentially indicating an influx of new residents during this period.
Vermont is known for being one of the least diverse states in the U.S., with a predominantly white population. The demographic composition of East Montpelier aligns with this broader state trend. The subtle increases in diversity, particularly in the Hispanic and multiracial categories, reflect national trends of increasing diversity, albeit at a much slower pace.
The income fluctuations, especially the peak in 2021 and subsequent decrease, likely reflect national economic patterns related to the COVID-19 pandemic, including stimulus payments and economic recovery efforts followed by inflationary pressures. The population rebound since 2019 could be part of a broader trend of people moving to less densely populated areas during and after the peak of the COVID-19 pandemic.
In conclusion, East Montpelier remains a "Low Diversity" community with a strong white majority, but shows small signs of increasing diversity. The economic trends suggest a community that has experienced moderate growth in income over the decade, with recent fluctuations likely tied to broader national economic events. The recent population growth, coupled with income changes, may indicate a community in transition, potentially attracting new residents and slowly diversifying, though at a pace much slower than national averages.
