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Demographic Analysis of Zip Code 45064: Predominantly White Community with Increasing Median Income
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 45064 in West Elkton, Ohio, is classified as a "Low Diversity" community as of 2022. The population is 94% white. The current median income is $87,908, which has increased significantly over the past decade.
West Elkton has maintained its "Low Diversity" status over the past decade. The white population has remained above 90% throughout this period, with minimal representation from other racial groups. There are slight indications of increasing diversity in recent years. The white population decreased from 98% in 2017 to 94% in 2022. The Hispanic population increased from 0% in 2017 to 2% in 2022. The two or more races category grew from 1% to 3% between 2017 and 2022. These changes suggest a subtle trend towards slightly increased diversity, though not enough to shift the community out of the "Low Diversity" category.
The median income in West Elkton has shown a significant upward trend over the past decade. In 2013, the median income was $58,127. By 2022, it had risen to $87,908, representing a 51% increase. This income growth occurred alongside minimal changes in racial composition, suggesting that economic improvements have been relatively evenly distributed within the predominantly white community.
Population trends have been relatively stable, with a slight decrease from 3,055 in 2013 to 2,835 in 2022. This minor population decline, coupled with rising incomes, might indicate a trend towards smaller, more affluent households in the area.
The income growth in West Elkton outpaces national averages, which typically see slower rates of increase. The area's racial homogeneity stands in contrast to national trends towards increasing diversity in many communities. The slight increase in diversity, particularly in Hispanic and multiracial categories, aligns with broader national demographic shifts, albeit on a much smaller scale in this community.
West Elkton represents a "Low Diversity," predominantly white community that has experienced significant economic growth over the past decade. While there are subtle signs of increasing diversity, these changes are minimal compared to national trends. The community's economic prosperity, coupled with its stable population and racial composition, suggests a relatively static social environment that has benefited from rising incomes without significant demographic upheaval.
