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Demographic Analysis of Zip Code 40356: Racial Composition and Economic Trends (2013-2022)
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 40356 in Nicholasville, Kentucky, is classified as having "Low Diversity" with a white majority as of 2022. The racial composition shows 87% white population, exceeding the 75% threshold for low diversity classification. The median income for 2022 is $70,417, and the population is 45,006.
Over the past decade, Nicholasville has maintained its status as a "Low Diversity" community with a strong white majority. The white population percentage has decreased from 91% in 2013 to 87% in 2022. The Black population has remained at 4%. The Hispanic population has increased from 3% to 4%. The Asian population has remained at 1%. The percentage of individuals identifying as two or more races has increased from 1% to 3%.
The median income in Nicholasville has grown over the past decade. In 2013, the median income was $59,656. By 2022, it had increased to $70,417, representing an 18% growth over nine years. The population has increased from 41,100 in 2013 to 45,006 in 2022, a growth of about 9.5%.
The increasing median income and population growth may be attracting a more diverse population to the area, albeit at a slow pace. This could be due to new job opportunities or improved living conditions.
Nicholasville remains significantly less diverse than many urban areas in the United States. The national trend has been moving towards increased diversity, especially in metropolitan areas. Nicholasville's slow pace of diversification suggests it may be a more traditional, established community that is only gradually experiencing demographic changes.
The economic growth in Nicholasville appears to be outpacing national averages. The U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), while Nicholasville saw an 18% increase. This above-average economic growth could be a factor in attracting new residents and slowly increasing diversity.
Nicholasville remains a "Low Diversity" community with a strong white majority, but there are subtle signs of demographic shifts and strong indicators of economic growth. If current trends continue, the community may gradually transition towards moderate diversity in the coming decades, potentially impacting local culture, services, and community dynamics.
