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Demographics
Population
Median Income
Racial Distributions
The zip code 45880 in Payne, Ohio, is classified as a "Low Diversity" community as of 2022. The population is 94% white, a characteristic that has remained consistent over the past decade. The median income of $71,041 is slightly above the national median.
From 2013 to 2022, Payne has maintained its "Low Diversity" status. The white population has consistently been above 89% during this period, with only minor fluctuations. No significant transitions between diversity categories have occurred, indicating a static racial demographic landscape.
Minor demographic shifts include a decrease in the Hispanic population from 4% to 2%, an increase in the "Two or More Races" category from 1% to 2%, and the emergence of a small Asian population (1% in 2022). These changes suggest a very slow trend towards increased diversity, although not enough to alter the community's overall categorization.
The median income in Payne has shown a positive trend over the past decade, rising from $55,367 in 2013 to $71,041 in 2022, an increase of about 28%. This economic growth has occurred alongside stable racial demographics, indicating economic improvement without significant demographic change. The population has grown modestly from 2,279 in 2013 to 2,567 in 2022, an increase of about 12.6%.
Payne's demographic stability contrasts with national trends of increasing diversity, particularly in urban and suburban settings. This stability is common in rural or small-town settings in the Midwest. The economic growth in Payne aligns with national trends of rising median incomes, though the growth rate appears slightly higher than the national average.
The modest population growth in Payne contrasts with the trend of population decline in many small Midwestern communities. This suggests that the area may have economic or quality-of-life factors that are attracting or retaining residents.
In conclusion, Payne has experienced economic improvement over the past decade while its demographic composition has remained largely unchanged. This indicates a community that is economically progressing while maintaining its traditional cultural identity, potentially due to a strong local economy and community ties preserving the existing social fabric.