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Demographics
Population
Median Income
Racial Distributions
The zip code 45339 in Ludlow Falls, Ohio, is classified as a "Low Diversity" community as of 2022. The population is 98% white, exceeding the 75% threshold for this classification. The median income for the area in 2022 was $65,555, showing an increase from previous years.
Ludlow Falls has maintained its status as a "Low Diversity" community over the past decade. The white population has remained dominant, ranging between 97% and 99% from 2013 to 2022. Other racial categories have shown minimal changes, with most showing no significant presence or very slight variations year to year.
The community has not transitioned between diversity categories during this period, indicating a stable racial composition. There are subtle indications of potential future changes, such as the recent introduction of a small percentage (1%) of residents identifying as "two or more races" or "other".
The median income in Ludlow Falls has increased over the past decade, rising from $58,309 in 2013 to $65,555 in 2022, representing a growth of about 12.4% over nine years. A significant increase in median income occurred in 2021 to $72,918, followed by a decrease in 2022.
The population of the zip code has experienced a slight decline over the decade, from 1,494 in 2013 to 1,352 in 2022, a decrease of about 9.5%. This population decrease, combined with the increase in median income, may suggest improved economic conditions for remaining residents.
The demographic stability of Ludlow Falls contrasts with many areas across the United States that have experienced increasing diversity over the past decade. The economic growth in median income appears to be roughly in line with national trends. The declining population may be indicative of broader trends affecting small rural communities across the Midwest.
In conclusion, Ludlow Falls has seen some economic improvements over the past decade, but its demographic composition has remained largely unchanged, maintaining its status as a low-diversity community. This stability in racial makeup, combined with a declining population and increasing median income, indicates a community that has experienced some economic growth but has not undergone significant demographic shifts observed in many other parts of the country in recent years.