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Demographic Analysis of Zip Code 45434: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 45434 in Beavercreek, Ohio, is categorized as having Low Diversity as of 2022. The population is 86% white, indicating a strong Racial Majority. The median household income in 2022 was $124,350, suggesting an affluent community.
Over the past decade, this zip code has transitioned from extremely Low Diversity to showing signs of increased racial representation, while remaining in the Low Diversity category. The white population decreased from 92% in 2013 to 86% in 2022, representing a Transitional Community trend.
The most significant changes include an increase in the Asian population from 2% to 3%, growth in the Black population from 1% to 4%, a rise in the Hispanic population from 2% to 4%, and an increase in individuals identifying as two or more races from 1% to 3%. These changes indicate a trend towards increasing diversity at a slow pace.
The median household income increased from $105,594 in 2013 to $124,350 in 2022, an 18% growth. This trend suggests increasing affluence in the area. The population grew from 11,752 in 2013 to 13,168 in 2022, a 12% increase.
Compared to national trends of increasing diversity in urban and suburban areas, this zip code's changes are relatively modest. The high median income and steady population growth follow a pattern seen in other affluent suburbs, where increased economic opportunities gradually lead to greater diversity.
The economic growth in this zip code outpaces many national averages, indicating its desirability for high-income households. This economic strength may contribute to the slow pace of diversification, as high housing costs may limit accessibility for some groups.
In conclusion, zip code 45434 in Beavercreek, Ohio, remains categorized as Low Diversity with a strong White Majority, but shows signs of being a Transitional Community. The gradual increase in racial diversity and significant economic growth suggest a community in the early stages of demographic change. If these trends continue, the area may move towards Moderate Diversity in the coming decades, though this transition is likely to be gradual given the current demographic composition and high economic barriers to entry.
