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Demographic Analysis of Zip Code 24435: Predominantly White Population with Subtle Diversity Shifts
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 24435 in Fairfield, Virginia, is classified as having "Low Diversity" with a clear white majority as of 2022. The community's median income in 2022 was $57,608, a significant decrease from its peak of $74,182 in 2013, indicating economic challenges over the past decade.
From 2013 to 2022, Fairfield has consistently maintained a "Low Diversity" classification, with the white population consistently exceeding 90% of the total. The white population percentage has slightly decreased from 96% in 2013 to 90% in 2022. There has been a small increase in the Hispanic population, from 3% in 2013 to 2% in 2022, with a peak of 3% in 2020-2021. The "two or more races" category has shown slight growth, from 1% in 2013 to 3% in 2022.
The economic trajectory of Fairfield shows a downward trend. Median income peaked at $74,182 in 2013 and has generally declined since, reaching $57,608 in 2022 - a 22.3% decrease. The population has fluctuated, peaking at 2,192 in 2015 and dropping to 1,813 in 2022, a 17.3% decrease from the peak.
This economic decline correlates with the subtle increase in diversity, potentially indicating that economic pressures may be driving demographic changes, with some higher-income residents possibly leaving the area. The community might be experiencing challenges in maintaining its economic base, which could be influencing its demographic composition.
The trend of increasing diversity, albeit slow, aligns with broader national trends of growing diversity in many communities. The significant decline in median income over a decade is concerning and may be more severe than national averages, potentially indicating local economic challenges specific to this area. The population decline, especially in a relatively small community, could signal broader issues such as lack of economic opportunities or changing preferences among residents.
Fairfield remains a predominantly white, low-diversity community, but shows early signs of demographic shifts. These changes are occurring against a backdrop of significant economic challenges, as evidenced by declining median income and population. This suggests a community in transition, potentially struggling to maintain its economic base while slowly becoming more diverse. The interplay between these demographic and economic trends will likely shape the community's future development and may require targeted interventions to address economic decline while fostering inclusive growth.
