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Demographic Analysis of Zip Code 43566: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 43566 in Waterville, Ohio, is classified as having "Low Diversity" as of 2022. The area is predominantly white (86%), with a Hispanic population of 7% and 5% of individuals identifying as two or more races. The median income in 2022 was $95,961, indicating a relatively affluent community.
Over the past decade, Waterville has maintained a "Low Diversity" classification, with the white population comprising over 75% of residents. The white population has decreased from 93% in 2019 to 86% in 2022. The Hispanic population has grown from 2% in 2013 to 7% in 2022. The percentage of individuals identifying as two or more races has increased from 0% in 2013 to 5% in 2022.
The demographic shifts in Waterville have occurred alongside economic trends. Median income has grown from $84,458 in 2013 to $95,961 in 2022, an increase of about 13.6% over nine years. The population has grown from 7,584 in 2013 to 8,136 in 2022, an increase of about 7.3%.
The rising median income suggests that the community has remained economically stable during this period of demographic change. This could indicate that the increased diversity has not negatively impacted the area's economic well-being, and may be associated with economic growth.
The demographic shifts in Waterville, particularly the growth in Hispanic and multiracial populations, align with broader national trends of increasing diversity in many American communities. The median income in Waterville ($95,961 in 2022) is higher than the national median household income (which was around $70,784 in 2021), indicating that this is a relatively affluent area.
Waterville remains a predominantly white, low-diversity community, but shows signs of gradual diversification. This transition is occurring in parallel with economic growth, suggesting a relatively smooth integration of new demographic groups. The community appears to be in the early stages of a transition that may lead to increased diversity in the coming years, while maintaining its economic prosperity.
