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Demographic Analysis of Zip Code 43040: Predominantly White Population with Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 43040 in Marysville, Ohio, is classified as a community with Low Diversity as of 2022. The white population comprises 89% of the total, meeting the criteria for a racial group domination of over 75% representation. The median income in 2022 was $91,296, indicating a relatively affluent area compared to the national median income.
Over the past decade, Marysville has maintained its Low Diversity status. The white population has slightly decreased from 91% in 2013 to 89% in 2022, suggesting a slow transition towards increased diversity. The Hispanic population has shown the most growth, increasing from 1% in 2013 to 3% in 2022. The Black population has remained stable at 3%, while the Asian population has fluctuated between 1-2%. The population identifying as two or more races has increased from 2% to 3% over the decade.
The median income in Marysville has grown significantly, rising from $71,865 in 2013 to $91,296 in 2022, an increase of approximately 27% over nine years. This economic growth has coincided with a population increase from 32,746 in 2013 to 37,369 in 2022, representing a growth of about 14%. The correlation between demographic shifts and economic trends suggests that the marginal increase in diversity may be partly due to more diverse, high-income professionals moving into the area.
The small increases in Hispanic, multiracial, and other minority populations in Marysville align with broader national trends of increasing diversity in suburban areas, although at a slower pace than national averages. The significant increase in median income outpaces national trends, indicating that Marysville is becoming increasingly attractive to high-income earners. This could be attributed to factors such as job growth, improved amenities, or proximity to larger urban centers.
The consistent population growth suggests that Marysville is an attractive place to live, possibly due to its combination of economic opportunities and suburban lifestyle. However, the persistence of Low Diversity indicates that there may be factors limiting more significant demographic changes, such as housing policies, cultural factors, or the existing community makeup attracting similar residents.
In conclusion, Marysville shows signs of slow diversification and strong economic growth, but remains a predominantly white, affluent suburb. The community appears to be in the early stages of a potential transition towards greater diversity, occurring at a much slower rate compared to national trends. The correlation between increasing income and slight increases in diversity suggests that future economic growth could potentially lead to more significant demographic changes in the coming years.
