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Demographics
Population
Median Income
Racial Distributions
The zip code 43320 in Edison, Ohio, is classified as a "Low Diversity" community as of 2022. The population is 92% white, with a median income of $51,478 and a total population of 2,795.
Over the past decade, Edison has maintained its "Low Diversity" status. The white population has consistently remained above 90%. The Hispanic population has grown from 1% in 2013 to 6% in 2022, with a peak of 9% in 2021. Native Americans were represented at 1% for the first time in 2022. The percentage of individuals identifying as two or more races decreased from 4% in 2016-2017 to 0% by 2022.
The median income in Edison has fluctuated over the past decade. From 2013 to 2016, it remained around $46,000. A significant drop to $41,742 occurred in 2017, followed by a gradual recovery. A notable increase occurred from 2020 to 2021, with median income rising from $50,437 to $59,604, before decreasing to $51,478 in 2022.
The peak in median income in 2021 coincided with the highest percentage of Hispanic population (9%) and the lowest percentage of white population (90%) in the recorded period. Population trends have been relatively stable, fluctuating between 2,400 and 2,800 residents over the decade.
The gradual increase in Hispanic population in Edison aligns with broader national trends of growing Hispanic communities in rural and small-town America. However, the pace of diversification in Edison appears slower than national averages.
The economic fluctuations may reflect broader economic trends such as recovery from the 2008 financial crisis and the economic impacts of the COVID-19 pandemic. The slight decrease in median income from 2021 to 2022 could be attributed to post-pandemic economic adjustments.
Edison remains a "Low Diversity" community, but subtle demographic shifts and economic changes over the past decade suggest a community in slow transition. The correlation between increased diversity and economic growth, particularly in recent years, may indicate positive outcomes from these gradual changes. More data over a longer period would be needed to confirm any lasting trends or significant shifts in the community's demographic and economic landscape.