Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 42232 in Gracey, Kentucky, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 861 and a median income of $96,490. The white population comprises 79% of the total, with a notable increase in racial diversity over the past decade.
From 2013 to 2022, Gracey transitioned from a "Low Diversity" to a "Moderate Diversity" community. In 2013, the white population was 92% of the total, categorized as "Low Diversity". By 2022, this percentage decreased to 79%, while other racial groups, particularly Black and Asian populations, increased significantly.
The Black population increased from 1% in 2013 to 15% in 2022, representing the most substantial change in the area's racial composition. The Asian population grew from 1% to 2% during this period. These changes indicate a trend towards a more diverse community, despite maintaining a white majority.
The demographic shifts in Gracey correlate with changes in median income. From 2013 to 2019, the median income declined from $61,494 to $56,044. In 2020, there was a significant increase to $104,142, further rising to $109,391 in 2021 before decreasing to $96,490 in 2022.
This increase in median income coincides with the period of rapid diversification in the community. The percentage of Black residents rose from 3% in 2019 to 15% by 2021. This correlation suggests that new residents may have brought higher-income households to the area, potentially altering the community's economic landscape.
Population figures fluctuated over the decade, declining from 1,081 in 2013 to 676 in 2019, then rebounding to 861 by 2022. This recent population growth aligns with increased diversity and rising median income, possibly indicating that the area has become more attractive to a wider range of residents.
The trends observed in Gracey reflect broader patterns seen in many American communities. The increase in diversity, particularly in smaller towns and rural areas, is a trend observed across the country. The substantial increase in median income, especially during the 2020-2022 period, is noteworthy.
The community's transition towards greater diversity, coupled with significant economic growth, suggests that Gracey may be experiencing a period of socio-economic change. This could be due to factors such as changing employment opportunities, shifts in housing markets, or broader demographic trends affecting the region.
Gracey has evolved from a low-diversity, predominantly white community to one with moderate diversity and significantly higher median income over the past decade. These changes suggest a dynamic period of demographic and economic transition, potentially reshaping the social and economic fabric of the community.