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Demographic Analysis of Zip Code 45406: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The 45406 zip code in Dayton, Ohio, is classified as a "Racial Majority" area with a predominant Black population as of 2022. The demographic composition consists of 76% Black residents and 17% White residents. The area has a median income of $35,833 and a population of 19,705.
Over the past decade, this zip code has maintained its status as a Black Majority area. However, demographic shifts have occurred. The Black population decreased from 83% in 2013 to 76% in 2022. Conversely, the White population increased from 14% to 17% during the same period. The Hispanic population doubled from 1% to 2%, and the multiracial population grew from 2% to 4%.
Economic trends in the area have shown fluctuations. The median income increased from $27,080 in 2013 to $38,600 in 2021, representing a 42.5% growth. However, a decline was observed in 2022, with the median income dropping to $35,833. The population has stabilized and slightly increased since 2020, rising from 19,266 to 19,705 in 2022.
The gradual increase in diversity and median income could indicate early-stage gentrification, a trend observed in many urban areas across the United States. Despite national economic challenges posed by the COVID-19 pandemic, this zip code demonstrated income growth from 2020 to 2021, outpacing many areas nationally.
The high percentage of Black residents (76%) is significantly above the national average of approximately 13.4% as of 2021. This reflects historical and ongoing patterns of racial segregation in many American cities.
In conclusion, zip code 45406 in Dayton remains a predominantly Black area but shows signs of gradual diversification and economic improvement. These changes could signal the beginning of a transition towards a more diverse and economically robust community in the coming years. Monitoring these trends is important to ensure that changes benefit all residents and do not lead to displacement of the existing community.
