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Demographics
Population
Median Income
Racial Distributions
The zip code 44216 in New Franklin, Ohio, is categorized as having Low Diversity as of 2022. The area is predominantly White, with 94% of the population identifying as such. This classification aligns with the definition of Low Diversity, where one racial group comprises over 75% of the population. The median income for this zip code in 2022 was $83,753.
The racial composition of this zip code has remained relatively stable over the past decade, consistently falling under the Low Diversity category. The White population has maintained a significant majority, ranging from 94% to 97% throughout the years where data is available. There have been minimal changes in other racial categories, with slight increases in the Hispanic population and those identifying as two or more races.
The area shows subtle signs of a very gradual increase in diversity. The percentage of residents identifying as two or more races increased from 1% in earlier years to 3% by 2022. The Hispanic population has maintained a consistent 1% representation since 2013.
The median income in this zip code has shown a general upward trend over the past decade, rising from $73,524 in 2013 to $83,753 in 2022. This represents a 13.9% increase over nine years. There was a significant spike in 2021 to $94,755, followed by a return to previous levels in 2022.
The population has remained relatively stable, fluctuating between about 9,200 and 9,700 residents throughout the decade. This stability in population, combined with the increasing median income, suggests a community that has experienced economic growth without significant demographic changes.
The demographic makeup of this zip code differs from national trends towards increasing diversity. While many urban and suburban areas across the United States have seen growing racial and ethnic diversity over the past decade, this area has maintained its predominantly White population.
The economic growth observed in this zip code aligns with broader national trends of rising incomes in the years following the 2008 financial crisis. However, the relative stability of both population and racial composition suggests that this area may not be experiencing the same level of demographic change seen in many other suburban communities across the country.
The zip code 44216 in New Franklin, Ohio, has experienced economic growth over the past decade while maintaining its status as a Low Diversity area with a stable, predominantly White population. The community shows signs of very gradual diversification, but these changes are minimal compared to national trends. The economic improvements, as evidenced by rising median incomes, have occurred within a context of demographic stability, suggesting that local factors, rather than significant demographic shifts, may be driving economic changes in this area.