Loading Content...
Demographic Analysis of Zip Code 24590: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 24590 in Scottsville, Virginia, is classified as having "Low Diversity" as of 2022. The community is predominantly white (76%) with a significant Black minority (17%). The current median income is $69,745, showing an increase over the past decade.
Over the past decade, Scottsville has maintained a "Low Diversity" classification, with the white population remaining the majority. The white population has decreased from 80% in 2013 to 76% in 2022. The Black population has fluctuated, increasing from 15% in 2013 to a peak of 22% in 2021, before settling at 17% in 2022. The Hispanic population has doubled from 2% in 2013 to 4% in 2022. The percentage of individuals identifying as two or more races has tripled from 1% to 3% between 2021 and 2022.
The median income in Scottsville has shown an upward trend, rising from $58,164 in 2013 to $69,745 in 2022, an increase of about 20%. This economic growth correlates with the subtle demographic shifts. The increase in median income coincides with a slight decrease in the white majority. The fluctuations in the Black population percentage may be related to economic factors. The steady increase in the Hispanic population aligns with the rising median income.
Population trends show a slight overall decline from 7,361 in 2013 to 6,801 in 2022. This decrease, coupled with rising incomes, might indicate a shift in the local economy, possibly towards higher-skilled or higher-paying jobs that attract a more diverse workforce but in smaller numbers.
The gradual increase in diversity aligns with broader national trends of increasing racial and ethnic diversity in many communities. The significant increase in median income (20% over a decade) suggests Scottsville may be experiencing more robust economic growth than many comparable small towns. The slight population decrease, contrasting with the income increase, might indicate a trend towards a more affluent but potentially aging or smaller household community.
In conclusion, Scottsville remains a predominantly white community with "Low Diversity." Subtle demographic shifts and significant economic growth over the past decade suggest a community in transition. These changes may be laying the groundwork for more substantial demographic and economic shifts in the coming years, potentially moving the community towards increased diversity and continued economic development.
