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Demographics
Population
Median Income
Racial Distributions
The zip code 24065 in Boones Mill, Virginia, is categorized as having "Low Diversity" as of 2022. The area is predominantly white (89%), with minimal representation of other racial groups. The current median income is $54,140, and the population is 6,111.
Over the past decade, Boones Mill has maintained its "Low Diversity" status. The white population has consistently remained above 89%. Minor shifts in demographics include an increase in the Black population from 3% in 2013 to 5% in 2022, and growth in the Hispanic population from 1% in 2013 to 4% in 2022. The Asian population decreased from 3% in 2013 to 0% in 2022.
The median income in Boones Mill has fluctuated significantly over the past decade. From 2013 to 2019, it increased steadily from $50,306 to $66,516. In 2020, it declined to $61,286, followed by a rise to $75,736 in 2021, and a substantial drop to $54,140 in 2022. These economic changes do not appear to correlate directly with the subtle demographic shifts.
Population trends have remained relatively stable, ranging between 5,945 and 6,377 residents over the decade. This stability suggests that economic changes have not significantly impacted overall population levels.
The persistent "Low Diversity" status of Boones Mill contrasts with national trends towards increasing diversity in many areas of the United States. The recent economic volatility, particularly the sharp decline in median income from 2021 to 2022, may reflect broader economic challenges faced by many small towns in the wake of the COVID-19 pandemic and subsequent economic pressures. The gradual increase in Black and Hispanic populations, though small, aligns with broader national trends of increasing diversity in previously homogeneous communities.
In conclusion, while Boones Mill remains a "Low Diversity" community, subtle demographic shifts and significant economic fluctuations over the past decade suggest a community in slow transition. The economic challenges of recent years may have implications for future demographic trends, potentially influencing migration patterns and community composition in the coming years.