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Demographic Analysis of Zip Code 43754: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 43754 in Lewisville, Ohio, is classified as a "Low Diversity" community as of 2022. The population is 95% white, indicating a clear racial majority. In 2022, the median income was $53,010, and the population was 1,892, showing growth over the past decade.
Over the past decade, Lewisville has maintained its "Low Diversity" status. From 2013 to 2020, the white population comprised 97-100% of the total. Recent years show subtle signs of increasing diversity. In 2021, the Black population appeared at 3%, reducing the white majority to 97%. By 2022, "Other" and "Two or More" racial categories were introduced at 1% each, while the Black population decreased to 2%. Despite these changes, the area remains predominantly white.
The median income in Lewisville has fluctuated over the reported period. From 2013 to 2019, it oscillated between $43,482 and $53,741. A notable increase occurred from 2020 to 2021, rising from $53,365 to $57,444. However, 2022 saw a decrease to $53,010. The population has also varied, peaking in 2015 at 1,880 residents, declining to 1,412 in 2019, and rebounding to 1,892 in 2022.
There is no apparent strong correlation between the minor demographic shifts and economic trends. The recent increase in diversity (2021-2022) coincides with both the highest median income (2021) and a subsequent decrease (2022), suggesting other factors may be more influential in driving economic changes.
The persistent lack of diversity in Lewisville contrasts with national trends towards increasing diversity in many areas of the United States. The median income of $53,010 in 2022 is close to the national median household income, which was around $70,784 in 2021. This suggests that while not affluent, the community is not significantly economically disadvantaged compared to national averages.
The population growth from 1,439 in 2020 to 1,892 in 2022 represents a significant increase of about 31.5% over two years, which is notably higher than typical national growth rates. This could indicate localized factors driving rapid population growth, such as new job opportunities or housing developments.
Lewisville remains a "Low Diversity" community with a strong "White Majority," but there are hints of incremental change towards slightly increased diversity. The economic situation appears relatively stable with some positive growth in recent years, though not directly linked to demographic shifts. The rapid population growth in the last two years is particularly noteworthy and may be a key factor to watch in future demographic and economic trends for this zip code.
