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Demographic Analysis of Zip Code 45005: A Low Diversity Area with 91% White Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 45005 in Franklin, Ohio, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The total population is 32,536 with a median income of $63,680. This classification is based on the white population comprising 91% of the total, which exceeds the 75% threshold for low diversity.
Over the past decade, this zip code has maintained its "Low Diversity" status with a "White Majority". There are indications of a gradual shift towards increased diversity. The white population has decreased from 95% in 2013 to 91% in 2022. The Hispanic population has increased from 1% to 3%, the Asian population from less than 1% to 2%, and those identifying as two or more races from 1% to 3% during the same period.
The median income in the area has grown overall, increasing from $56,396 in 2013 to $63,680 in 2022, a 12.9% increase over nine years. This growth has not been consistent, with a significant increase to $70,935 in 2021, followed by a decrease to $63,680 in 2022. The population has grown steadily from 30,992 in 2013 to 32,536 in 2022, a 5% increase.
The area's demographic composition, with its strong white majority, is less diverse than many urban areas in the United States. The gradual increase in Hispanic, Asian, and multiracial populations aligns with broader national trends of increasing diversity in suburban and rural areas. The median income growth appears modest compared to national averages. The recent drop in median income from 2021 to 2022 could reflect broader economic challenges faced nationally.
This zip code remains a predominantly white, low-diversity area, with early indicators of a slow transition towards greater diversity. The economic picture shows overall growth but with recent challenges. These trends suggest a community that is gradually changing but at a pace slower than many more urban or rapidly diversifying areas in the country. Continued monitoring of these trends will be crucial to understand if the area is indeed becoming a "Transitional Community" in terms of both demographics and economics.
