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Demographic Analysis of Zip Code 46035: Predominantly White Population with Subtle Shifts
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 46035 in Colfax, Indiana, is characterized by low diversity with a white majority as of 2022. The racial composition has remained stable over the past decade, with white residents consistently comprising over 90% of the population. The median income has increased from $58,339 in 2013 to $64,457 in 2022, indicating moderate economic improvement.
Throughout the period from 2013 to 2022, Colfax has maintained its status as a white majority community with low diversity. The white population has consistently represented between 94% and 98% of the total. Minor signs of increasing diversity include growth in the Black resident percentage from less than 2% in 2013 to 4% in 2022, fluctuation of the Hispanic population between 0% and 1%, emergence of a small Asian population, and an increase in residents identifying as two or more races to 1% in 2022.
The median income in Colfax has shown a generally positive trend. From 2013 to 2015, there was an initial decline from $58,339 to $50,138. From 2015 onwards, there has been a consistent upward trend, reaching a peak of $70,060 in 2021. Despite a slight decrease to $64,457 in 2022, the overall trend remains positive, with a 10.5% increase from 2013 to 2022.
The demographic makeup of Colfax contrasts with national trends towards increasing diversity. Many urban and suburban areas across the US have experienced more rapid diversification over the past decade. The economic growth in Colfax, particularly from 2015 onwards, aligns with the general economic recovery and growth experienced across much of the United States following the 2008 financial crisis. The town's population has grown from 1,617 in 2013 to 1,765 in 2022, a 9.15% increase.
Colfax remains a predominantly white community with low diversity, but there are subtle signs of demographic change. The positive economic trends and population growth suggest a community that is slowly evolving. If these trends continue, Colfax may gradually transition towards greater diversity in the coming years, potentially shifting from low diversity to moderate diversity over time.
