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Demographics
Population
Median Income
Racial Distributions
Zip code 45240 in Forest Park, Ohio, is classified as a "Majority-Minority" community with a "Moderate Diversity" profile as of 2022. The Black population represents 55% of the residents, while the White population accounts for 27%. The area has experienced significant demographic changes over the past decade, along with fluctuations in median income and population.
The community has shifted from a "Black Majority" in 2013 (60% Black) to a "Majority-Minority" status by 2022. This change is primarily attributed to a gradual decrease in the Black population percentage and increases in other minority groups. The area has progressed from "Low Diversity" to "Moderate Diversity" over the decade, evidenced by the growth of Hispanic, Asian, and multiracial populations, while the White population has remained relatively stable around 27-32%.
The Hispanic population has demonstrated consistent growth, increasing from 4% in 2013 to 10% in 2022, indicating a "Transitional Community" in terms of Hispanic representation. The median income has shown overall growth from $56,909 in 2013 to $60,649 in 2022, with fluctuations in between. The highest median income was recorded in 2021 at $64,636. The population has varied over the decade, with a notable decrease to 25,989 in 2020 and a subsequent increase to 28,238 in 2022.
The increase in median income coincides with the growing diversity of the community, suggesting a potential link between increased diversity and economic opportunities or changing neighborhood dynamics. The steady increase in the Hispanic population aligns with the overall trend of income growth, potentially indicating that this group is contributing to the area's economic stability and growth. The recent population increase from 2020 to 2022 coincides with continued diversification, possibly suggesting that the area's growing diversity is attracting new residents.
The trends observed in this zip code align with broader national patterns of increasing diversity in suburban areas. The growth of Hispanic and Asian populations reflects nationwide demographic shifts seen in many metropolitan suburbs. The economic resilience of the area, as evidenced by the overall increase in median income despite fluctuations, suggests that this community may be navigating demographic changes more successfully than some other areas experiencing similar shifts.
Zip code 45240 in Forest Park, Ohio, presents a case study of a suburban area transitioning from a predominantly Black community to a more diverse, majority-minority area. This demographic evolution has been accompanied by modest economic growth, suggesting a complex interplay between racial composition, community dynamics, and economic opportunity. The area's ability to maintain and even increase its population while becoming more diverse indicates a potentially positive adaptation to changing demographics, which could offer insights for other communities experiencing similar transitions.