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Demographics
Population
Median Income
Racial Distributions
The zip code 45371 in Tipp City, Ohio, is classified as a "Low Diversity" community as of 2022. The population is 90% white, indicating a strong "Racial Majority." Over the past decade, there has been a slight increase in diversity. The median income in 2022 was $73,106, suggesting an affluent suburban community.
From 2013 to 2022, Tipp City has shown a gradual transition from extreme homogeneity to slightly more diversity. The white population decreased from 96% in 2013 to 90% in 2022. Notable changes include an increase in the Black population from 0% to 2%, growth in the Hispanic population from 1% to 2%, and a rise in individuals identifying as two or more races from 1% to 5%. These changes indicate a slow trend towards becoming a "Transitional Community."
The median income in Tipp City has fluctuated but shown an overall upward trend, increasing from $70,500 in 2013 to $73,106 in 2022, with a peak of $80,310 in 2021. The population has grown steadily from 17,981 in 2013 to 19,547 in 2022, a nearly 9% increase. This growth, coupled with rising incomes and increasing diversity, suggests suburban expansion and attraction of new residents from various backgrounds.
Tipp City's pace of diversity change is slower than many suburban areas across the United States. Nationally, suburbs have been at the forefront of increasing diversity, with many transitioning to "Majority-Minority" status over the past decade. In comparison, Tipp City remains predominantly white, though trends suggest it may be at the early stages of a similar transition.
The economic stability and growth in Tipp City aligns with broader trends seen in prosperous suburban communities. However, the persistence of low diversity in an era of increasing suburban diversity nationwide suggests that Tipp City may face challenges in attracting or retaining a more diverse population, which could impact its long-term economic competitiveness and cultural vibrancy.
Tipp City remains a "Low Diversity" community with a strong "Racial Majority." The subtle shifts in demographics over the past decade indicate it may be in the early stages of becoming a "Transitional Community." The economic stability and growth provide a foundation for potential further diversification, but the pace of change suggests that significant shifts in the racial makeup of the community may take several more decades to materialize if current trends continue.