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Demographic Analysis of Zip Code 43045: Transition from Homogeneity to Increased Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 43045 in Milford Center, Ohio, is classified as having "Low Diversity" with a predominant white population as of 2022. The area has 2,235 residents and a median income of $83,006, indicative of an affluent suburban or rural community.
Milford Center has undergone a gradual transition from extreme homogeneity to slightly increased diversity over the past decade, though it remains in the "Low Diversity" category. The white population decreased from 95% in 2013 to 86% in 2022, indicating early signs of becoming a "Transitional Community" at a slow pace.
Notable demographic changes include an increase in the Black population from 0% to 4%, the emergence of a 1% Native American population, growth in the "Two or More Races" category from 0% to 4%, and a slight increase in the "Other" category to 3% by 2022. These changes, while small, represent a significant shift for a previously almost entirely white community.
The demographic shifts have occurred concurrently with substantial economic growth. The median income increased from $68,442 in 2013 to $83,006 in 2022, a 21% rise over nine years, outpacing inflation and indicating real economic gains.
The population has remained relatively stable, fluctuating between approximately 1,924 and 2,501 residents over the decade. This suggests that the increasing diversity is likely due to a combination of natural demographic changes and limited in-migration, rather than a significant influx of new residents.
Economic growth alongside increasing diversity may indicate that the area is becoming more attractive to a wider range of residents. The stable population coupled with rising incomes might also suggest improved economic conditions for existing residents.
Milford Center remains significantly less diverse than the United States as a whole. The national trend has been moving towards greater diversity and a decreasing white majority, with the 2020 Census showing the white population at about 60% of the total U.S. population.
The economic growth in Milford Center appears to be outpacing national averages. The U.S. median household income in 2021 was approximately $70,784, making Milford Center's 2022 median income of $83,006 notably higher than the national figure.
In conclusion, Milford Center remains a predominantly white, low-diversity community, but shows early signs of transitioning towards greater diversity. This demographic shift, coupled with strong economic growth, suggests a community in the early stages of change, potentially becoming more attractive to a wider range of residents while maintaining its economic advantages.
