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Demographic Analysis of Zip Code 45894: Racial Composition and Income Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 45894 in Elgin, Ohio, is categorized as a "Low Diversity" community as of 2022. The population is 96% white, demonstrating strong racial homogeneity. The median income is $64,985, and the population is 813, indicating a small, predominantly white rural or suburban community.
Over the past decade, Elgin has maintained its "Low Diversity" status. The white population has remained above 95% throughout the observed period, with minimal changes. A slight trend towards increased diversity is noted, though still within the "Low Diversity" category. From 2013 to 2016, the community was 99-100% white. From 2017 to 2020, the white population decreased to 98-99%. In 2021 and 2022, the white population further decreased to 96%, while the "two or more races" category increased to 3%.
The median income in Elgin has shown an overall upward trend, correlating with the slight increase in diversity. In 2013, the median income was $49,457. By 2019, it had risen to $66,845, an increase of about 35% over six years. After a slight dip in 2020, it reached a peak of $71,569 in 2021, coinciding with the highest level of diversity observed. In 2022, there was a decrease to $64,985, which still represents a 31% increase from 2013.
The population has remained relatively stable, fluctuating between 730 and 832 residents over the decade. The slight increase in diversity appears to correlate with periods of higher median income, suggesting that economic growth may be attracting a marginally more diverse population.
The demographic composition of Elgin contrasts with national trends towards increasing diversity. Many urban and suburban areas across the U.S. have seen significant increases in racial diversity over the past decade. The income growth in Elgin outpaces the national average. The U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), while Elgin saw a 31% increase in the same period. The stability of the population suggests that Elgin hasn't experienced the rapid growth or decline seen in many rural communities across the Midwest.
Elgin remains a "Low Diversity" community, but there are subtle signs of demographic change correlating with economic growth. If these trends continue, the community may gradually transition towards increased diversity, potentially impacting local culture, services, and economic dynamics in the coming years. However, any such changes are likely to be gradual given the current demographic composition and the slow pace of change observed over the past decade.
