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Demographic Analysis of Zip Code 16440: Predominantly White Population in Venango, Pennsylvania
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 16440 in Venango, Pennsylvania, is categorized as a "Low Diversity" community as of 2022. The population is 95% white, with a median income of $65,671 and a total population of 651. This indicates a small, homogeneous community.
Over the past decade, Venango has maintained its "Low Diversity" status. The white population has consistently remained above 95%. Minor changes in diversity include an increase in residents identifying as two or more races from 1% in 2013 to 3% in 2022, the emergence of a small Hispanic population (1%) in 2020, and a decrease in the black population from 1% to 0% in recent years.
The median income in Venango has shown a positive trend, increasing from $50,814 in 2013 to $65,671 in 2022, a rise of about 29%. A notable increase occurred from 2020 to 2021, with median income rising from $65,679 to $71,660, before slightly decreasing in 2022.
The population has been steadily declining, from 731 in 2013 to 651 in 2022, a decrease of about 11%. The inverse relationship between rising incomes and declining population could indicate outmigration of lower-income residents, economic improvements for remaining residents, or a small influx of higher-income individuals.
The persistent lack of diversity in Venango contrasts with national trends towards increasing diversity. The rise in median income aligns with broader economic recovery trends post-2008 recession. The declining population goes against the trend of overall population growth in many urban and suburban areas, suggesting Venango may be facing challenges typical of rural or small-town America.
In conclusion, Venango remains a "Low Diversity" community with a predominantly white population. Subtle demographic shifts and significant income improvements over the past decade suggest a community in slow transition. Local leaders may need to leverage improving economic conditions to attract a more diverse population and reverse population decline, potentially moving the community towards greater diversity and economic resilience.
