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Demographics
Population
Median Income
Racial Distributions
The zip code 43356 in Waldo, Ohio, is classified as a "Low Diversity" community as of 2022. The population is 92% white, with a median income of $76,006. The population has decreased from 1,372 in 2010 to 1,230 in 2022.
From 2013 to 2022, Waldo has maintained its "Low Diversity" classification. The white population has consistently remained above 90%. The Hispanic population fluctuated, increasing from 2% in 2013 to 6% in 2020, then decreasing to 2% in 2022. The population identifying as two or more races increased from 0% in 2013 to 3% in 2022. By 2022, small percentages of Asian (1%) and Black (1%) residents were recorded.
The median income in Waldo has fluctuated over the years. It increased from $70,020 in 2013 to $86,106 in 2021, representing a 23% increase over eight years. However, it decreased to $76,006 in 2022. The periods of highest income (2017-2021) coincided with slight increases in diversity, particularly in the Hispanic population.
The population of Waldo has gradually declined from 1,372 in 2010 to 1,230 in 2022, a decrease of about 10%. This decline has not negatively impacted median incomes, which have generally trended upward despite population loss.
The low population and high percentage of white residents are typical of many rural Midwestern communities. The median income in Waldo is likely higher than the national average, which was around $70,000 in 2021. The gradual increase in minority populations, while small, aligns with broader national trends of increasing diversity, even in traditionally homogeneous rural areas. The slight population decrease is consistent with trends seen in many rural American communities.
Waldo remains a "Low Diversity" community, with subtle signs of demographic change. The area has maintained relatively high median incomes despite a declining population, suggesting economic resilience. However, the recent drop in median income and ongoing population decline may present challenges for the community's long-term economic sustainability.