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Demographic Analysis of Zip Code 44262: 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 44262 in Munroe Falls, Ohio, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 4,719 and a median income of $61,971. This classification is based on the white population comprising 88% of the total, which exceeds the 75% threshold for low diversity.
Munroe Falls has maintained its status as a "Low Diversity" community with a "White Majority" over the past decade. However, there are indications of increasing diversity. The white population has decreased from 93% in 2015 to 88% in 2022. The Asian population has fluctuated between 3-7% over the years. The Hispanic population and those identifying as two or more races have shown slight increases in recent years.
The median income in Munroe Falls has experienced fluctuations over the past decade. From 2013 to 2015, the median income was relatively stable around $74,000-$75,000. There was a significant drop between 2015 and 2016, from $74,975 to $70,444. The income continued to decline, reaching a low of $61,979 in 2020. There was a brief recovery in 2021 to $67,695, but it dropped again to $61,971 in 2022.
These economic changes correlate with the subtle demographic shifts. The period of highest median income (2013-2015) coincides with the highest percentage of white population (93-94%). As the community slowly diversified, there was a general downward trend in median income. The recent uptick in diversity corresponds with the lower income levels of 2020-2022.
The trend of slowly increasing diversity in predominantly white communities is consistent with broader national trends, particularly in suburban areas. The decline in median income, especially post-2015, may reflect wider economic challenges faced by many American communities in recent years. The community's median income, even at its lowest point, remains above the national median, suggesting that Munroe Falls maintains a relatively strong economic position despite recent declines.
Munroe Falls remains a "Low Diversity" community with a strong "White Majority," but subtle demographic shifts are occurring. These changes, coupled with fluctuating economic conditions, suggest that the community may be in the early stages of transition. Continued monitoring of these trends will be crucial to understand the long-term demographic and economic trajectory of this zip code.
