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Demographics
Population
Median Income
Racial Distributions
The zip code 05829 in Derby Center, Vermont, is classified as having "Low Diversity" as of 2022. The population is 98% white, a classification that has remained consistent over the past decade. The current median income is $59,025.
From 2013 to 2022, Derby Center has maintained a "Low Diversity" classification. The white population has consistently remained above 90%. Minor fluctuations occurred between 2015 and 2020, with the white population decreasing to 93% and small increases in Hispanic and two or more races categories. However, this trend reversed in 2021-2022, returning to 98% white.
The community shows no significant signs of transitioning to a more diverse demographic makeup, as the changes have been minimal and not sustained. The lack of significant representation from other racial groups reinforces the "Low Diversity" categorization.
The median income in Derby Center has shown an overall upward trend, increasing from $47,793 in 2013 to $59,025 in 2022, with a notable spike to $73,360 in 2021. This general increase in median income correlates with the maintained low diversity, suggesting that the economic improvements have not led to significant demographic changes.
The population has fluctuated over the years, starting at 1,268 in 2013, peaking at 1,389 in 2014, and settling at 1,354 in 2022. These fluctuations do not appear to have dramatically altered the racial composition or economic status of the area.
The demographic makeup of Derby Center contrasts with national trends towards increasing diversity. The economic growth seen in Derby Center, particularly the significant jump in median income in 2021, may reflect broader economic trends such as pandemic-related shifts in remote work or changes in local industries.
The stability in both racial composition and gradual economic improvement suggests a community that may be somewhat isolated from broader demographic shifts occurring in more urban or diverse regions of the country. The lack of significant change in diversity despite economic growth could indicate limited in-migration from diverse populations.
Derby Center presents a case of economic improvement without corresponding demographic diversification, maintaining its classification as a "Low Diversity" area throughout the analyzed period. This stability in racial composition, coupled with economic growth, may have implications for community dynamics, local policies, and future development strategies in the area.