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Demographics
Population
Median Income
Racial Distributions
The zip code 14873 in Prattsburgh, New York, is classified as having "Low Diversity" as of 2022. The population is 94% white. The median income is $52,499, and the population has decreased to 2,348 residents.
This zip code has maintained its "Low Diversity" status over the past decade. The white population has remained above 90% throughout this period. There are minor indications of increasing diversity. The Asian population has grown from 0% in 2014 to 1% in 2022. The percentage of residents identifying as two or more races increased from 1% in 2013 to 3% in 2022.
The median income in the area has increased over the past decade, rising from $45,653 in 2013 to $52,499 in 2022, a growth of about 15%. This increase has occurred alongside a decrease in population, from 3,025 in 2013 to 2,348 in 2022, a decline of about 22%.
The inverse relationship between population decline and income growth could suggest outmigration of lower-income residents, economic improvements benefiting those who remained, or a potential influx of higher-income individuals in smaller numbers than those leaving.
The persistent lack of diversity in this zip code contrasts with national trends towards increasing diversity in many areas of the United States. The population decline observed here is consistent with trends seen in many rural and small-town areas across the country, particularly in the Northeast and Midwest. The steady increase in median income, despite population decline, suggests that this area may be faring better economically than some other rural areas experiencing population loss.
This zip code remains a predominantly white, low-diversity area, with subtle indications of very gradual demographic changes. The economic picture shows improvement in terms of median income, but this is occurring alongside significant population decline. These trends suggest a community that is slowly evolving, but at a pace much slower than many other parts of the country in terms of racial diversity. The economic resilience in the face of population loss could be a point of interest for further investigation into the local economy and community dynamics.