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Demographics
Population
Median Income
Racial Distributions
The zip code 41085 in Silver Grove, Kentucky, is classified as a "Low Diversity" community as of 2022. The population is 91% white, meeting the criteria for one racial group comprising over 75% of the population. The median income for 2022 was $39,775, lower than the previous two years, indicating recent economic challenges.
Silver Grove has maintained its "Low Diversity" status over the past decade. The white population has consistently remained above 91% from 2013 to 2022. Minor demographic shifts include a gradual increase in the Hispanic population from 1% in 2013 to 5% in 2022, the emergence of a 1% black population from 2020 onwards, and fluctuations in the multi-racial population, peaking at 6% in 2013 and declining to 2% by 2022. These changes have not altered the community's overall diversity classification.
Median income data shows significant volatility. From 2013 to 2019, there was steady growth from $39,209 to $57,282. In 2020 and 2021, an unusual spike occurred, with median incomes reaching $119,315 and $131,299 respectively. However, in 2022, the median income sharply declined to $39,775, almost reverting to 2013 levels. These economic fluctuations do not appear to strongly correlate with the minor demographic shifts observed.
The persistent lack of diversity in Silver Grove contrasts with national trends towards increasing diversity in many urban and suburban areas. The dramatic income fluctuations, particularly the spike in 2020-2021 and subsequent drop, are atypical and may reflect localized economic events or data anomalies rather than broader trends.
The population has grown modestly from 759 in 2010 to 829 in 2022, a 9.2% increase over 12 years. This stability in both population and racial composition suggests a community resistant to rapid demographic change, possibly due to its small size and rural or semi-rural nature.
In conclusion, Silver Grove has experienced economic volatility, but its demographic composition has remained largely unchanged over the past decade, maintaining its status as a low-diversity, predominantly white community. The subtle increases in Hispanic and multi-racial populations might indicate the beginnings of a very gradual diversification, but as of 2022, these changes have not been substantial enough to alter the overall demographic character of the area.