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Demographics
Population
Median Income
Racial Distributions
The zip code 46151 in Martinsville, Indiana, is classified as a "Low Diversity" area as of 2022. The population is 96% white, with a median income of $70,039 and a total population of 32,929.
From 2013 to 2022, this zip code has maintained its "Low Diversity" status. The white population has consistently remained above 95%. A minor increase in diversity occurred, with the percentage of residents identifying as two or more races growing from 0% in 2013 to 2% in 2022. This change is not substantial enough to alter the area's overall diversity classification.
The Hispanic population has remained at approximately 1% throughout the decade. Other racial groups, including Asian, Black, and Native American, have maintained minimal representation, typically at or below 1% each.
The area's median income has shown an upward trend over the past decade, increasing from $60,437 in 2013 to $70,039 in 2022, representing a growth of about 16% over nine years. A significant increase in median income to $76,276 occurred in 2021, followed by a decrease to $70,039 in 2022.
The population has grown gradually, increasing from 31,276 in 2013 to 32,929 in 2022, a growth of about 5.3%. This indicates a slowly growing community with improving economic conditions.
The demographic composition of this zip code differs significantly from national averages. While the United States has become more diverse, with non-Hispanic whites comprising about 60% of the population as of 2020, this zip code has maintained a white population exceeding 95%. This suggests that the area has not experienced the same level of demographic change observed in many other parts of the country.
The income growth in the area generally aligns with national trends, as median household income in the U.S. has also increased over the past decade. The sudden increase in 2021 followed by a decrease in 2022 may be related to broader economic factors such as the COVID-19 pandemic and its aftermath.
This zip code has experienced some economic growth and a slight increase in diversity over the past decade, but remains a predominantly white, low-diversity area. The community has not undergone significant demographic transitions, maintaining its racial composition despite broader national trends towards increased diversity. The economic improvements, as evidenced by rising median incomes, suggest a relatively stable local economy, though recent fluctuations may indicate economic challenges or adjustments in the most recent years.