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Demographics
Population
Median Income
Racial Distributions
The zip code 46181 in Trafalgar, Indiana, is classified as a "Low Diversity" community as of 2022. The population is 97% white, a composition that has remained stable over the past decade. The median income in 2022 was $88,313, showing significant growth from $63,359 in 2013.
From 2013 to 2022, Trafalgar maintained its status as a "Low Diversity" community with a "White Majority." The white population consistently exceeded 94% during this period. Minor increases in diversity occurred, with the Hispanic population rising from 0% to 2% and those identifying as two or more races increasing from 0% to 1%. These changes did not significantly alter the community's diversity categorization.
The median income in Trafalgar increased by approximately 39% from 2013 to 2022. This economic growth coincided with a 15% population increase, from 3,790 in 2013 to 4,363 in 2022. The parallel growth in income and population suggests improved attractiveness of the area, possibly due to enhanced economic opportunities or quality of life factors.
The stability in racial composition alongside significant income growth indicates that the existing community experienced economic improvement rather than demographic-driven economic changes. This could be attributed to local industry growth, increased job opportunities, or rising property values.
Trafalgar's demographic stability contrasts with national trends towards increasing diversity in many areas of the United States. The town's income growth over the past decade outpaces the national average, suggesting a strong local economy or attractive living conditions for higher-income residents.
The low levels of diversity in Trafalgar, despite modest increases in Hispanic and multiracial populations, may indicate limited integration of minority groups. This could be due to factors such as limited affordable housing, specific industry focus, or cultural preferences.
Trafalgar represents a stable, predominantly white community that has experienced significant economic growth over the past decade. While slight increases in diversity have occurred, these changes have not substantially altered the area's overall demographic categorization. The correlation between population growth and income increase suggests a thriving local economy, attracting new residents while benefiting existing ones. The persistent low diversity may warrant further investigation into factors limiting more significant demographic changes in the face of economic prosperity.