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Demographics
Population
Median Income
Racial Distributions
The zip code 43619 in Northwood, Ohio, is classified as a "Low Diversity" area with a "White Majority" as of 2022. Data indicates that 90% of the population identifies as white, with a median household income of $75,103. The demographic composition has remained largely stable over the past decade, with minor shifts in racial composition and economic indicators.
Throughout the 2013-2022 period, Northwood has maintained its "Low Diversity" status with a "White Majority." The white population has fluctuated between 85% and 92%, consistently remaining above the 75% threshold for diversity classification. A slight increase in diversity has been observed over the years. The Hispanic population has shown variability, reaching 9% in 2020 but decreasing to 5% by 2022. The population identifying as two or more races has increased from 1% in 2014 to 5% in 2022. Other racial groups have maintained very low or negligible percentages throughout the period.
The median household income in Northwood has demonstrated an upward trend over the past decade. In 2013, the median income was $57,346, increasing to $75,103 by 2022, with a peak of $81,705 in 2021. This represents a 31% increase over nine years, suggesting overall economic improvement for the area's residents. Concurrently, the population has slightly decreased, from a peak of 7,317 in 2014 to 6,746 in 2022, a decrease of about 7.8%.
The combination of rising incomes and declining population may indicate various scenarios, including outmigration of lower-income residents, an aging population with higher incomes but smaller household sizes, or economic development attracting higher-income residents while overall population decreases.
The increasing median income aligns with national trends of economic recovery and growth following the 2008 recession. The persistent "Low Diversity" status contrasts with many urban and suburban areas across the U.S. that have experienced increasing diversity over the same period. The slight population decline diverges from the trend of many growing suburban areas but may be consistent with trends in some Midwest cities experiencing demographic shifts.
In conclusion, Northwood remains a predominantly white, low-diversity area, with subtle signs of demographic shifts and clear indicators of economic improvement. The community appears to be in the early stages of transition, with slowly increasing diversity and rising incomes potentially setting the stage for more significant demographic changes in the future. However, the declining population suggests that these changes are occurring gradually and may be influenced by factors such as an aging population or shifts in local economic conditions.