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Demographic Analysis of Zip Code 24471: Predominant White Population with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 24471 in Port Republic, Virginia, is classified as a Low Diversity area as of 2022. The white population constitutes 88% of the total, meeting the criterion for one racial group's dominance (over 75% of the population). Other racial groups have minimal representation. The current median income is $58,697, and the population stands at 1,427.
Port Republic has maintained its Low Diversity status over the past decade. However, there are indications of a gradual increase in diversity. The white population has decreased from 94% in 2013 to 88% in 2022, suggesting a slow diversification trend. The community shows early signs of potentially transitioning, with a notable increase in the Hispanic population from 3% in 2013 to 5% in 2022, and the emergence of a two or more races category (3% in 2022) that was not present in earlier years.
The median income has experienced significant fluctuations over the years. It increased from $49,743 in 2013 to a peak of $79,882 in 2018, before declining to $58,697 in 2022. This income volatility does not appear to correlate strongly with the gradual demographic shifts, indicating that other economic factors may be influencing these changes.
The population has remained relatively stable, fluctuating between approximately 1,400 and 1,500 residents over the decade. This population stability, combined with the gradual increase in diversity, suggests that the community is experiencing organic demographic change rather than significant in-migration.
The trends observed in Port Republic align with broader national patterns of increasing diversity in many communities, particularly in suburban and rural areas. However, the pace of change in this community appears slower than national averages, which have shown more rapid diversification in many areas.
The economic volatility, particularly the sharp rise and subsequent fall in median income, may reflect broader economic trends such as the recovery from the 2008 financial crisis, followed by more recent economic challenges.
Port Republic remains a Low Diversity area primarily dominated by a white majority, but there are early indicators of a gradual shift towards becoming a Transitional Community. This slow demographic evolution, coupled with fluctuating economic conditions, suggests a community in the early stages of change. Continued monitoring of these trends will be crucial to understand the long-term demographic and economic trajectory of this zip code.
