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Demographics
Population
Median Income
Racial Distributions
The zip code 43050 in Mount Vernon, Ohio, is categorized as having Low Diversity with a White Majority as of 2022. The racial composition shows 92% of the population identifies as white, with minimal representation from other racial groups. The median income for the area in 2022 was $57,490, and the population was 28,715.
Over the past decade, Mount Vernon has maintained its status as a Low Diversity area with a White Majority. There are subtle signs of a gradual shift towards increased diversity. The white population has decreased from 96% in 2013 to 92% in 2022. The Hispanic population has increased from 1% in 2013 to 3% in 2022. The category of two or more races has grown from 1% in 2013 to 3% in 2022.
The median income in Mount Vernon has shown an overall upward trend. In 2013, it was $47,750, and in 2022, it reached $57,490. This represents a 20.4% increase over nine years. The population has also grown modestly from 27,327 in 2013 to 28,715 in 2022, representing a 5.1% increase over the same period.
The gradual increase in diversity coincides with the overall rise in median income and population growth. This could suggest that economic opportunities may be attracting a slightly more diverse population to the area. The modest increase in diversity might be contributing to economic growth through new businesses or cultural attractions. The area may be becoming more attractive to young families or professionals, as indicated by the growth in the "two or more races" category and the overall population increase.
Mount Vernon remains significantly less diverse than many urban areas in Ohio and across the United States. The modest increase in Hispanic population aligns with broader national trends of growing Hispanic communities in traditionally non-Hispanic areas. The economic growth in Mount Vernon, with a 20.4% increase in median income over nine years, outpaces the national inflation rate for the same period, suggesting real economic gains for the community. However, the median income remains below the national average, which was around $70,784 in 2021.
Mount Vernon remains a Low Diversity area with a strong White Majority. There are subtle indications of a Transitional Community in its early stages. The economic growth and modest population increase suggest a slowly evolving community, potentially becoming more attractive to a slightly more diverse population. These changes are gradual and have not yet significantly altered the overall demographic makeup of the area.