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Demographics
Population
Median Income
Racial Distributions
Zip code 46356, encompassing Lowell in Indiana, is currently characterized as a Low Diversity community with a White Majority. As of 2022, the population stands at 18,169, with a median income of $78,571. The area has maintained a consistently high percentage of white residents over the past decade, indicating minimal racial diversification.
Throughout the 2013-2022 period, Lowell has consistently fallen under the Low Diversity and White Majority categories. The white population has remained above 89% throughout this timeframe, with only minor fluctuations. There has been a slight increase in Hispanic representation, from 7% in 2013 to 9% in 2022, and the emergence of a small two-or-more races population (2% in 2022). However, these changes have not been substantial enough to shift the community out of its Low Diversity classification.
The median income in Lowell has shown a generally upward trend over the past decade, increasing from $68,604 in 2013 to $78,571 in 2022. This represents a growth of approximately 14.5% over nine years. Notably, there was a significant spike in median income in 2021 to $90,685, followed by a decrease in 2022. This overall income growth has occurred alongside the maintenance of the area's racial homogeneity, suggesting that economic improvements have not led to increased diversity.
Population figures have remained relatively stable, with a slight overall increase from 17,036 in 2013 to 18,169 in 2022. This modest population growth of about 6.6% over the decade indicates a stable community with limited in-migration, which may contribute to the persistence of its demographic makeup.
While national trends have shown increasing racial diversity in many areas, particularly in urban and suburban settings, Lowell appears to be maintaining its predominantly white demographic. This stability in racial composition, coupled with income growth, suggests a community that may be attractive to its current demographic but potentially less so to diverse populations.
The slight increase in Hispanic representation, while not dramatic, does align with broader national trends of growing Hispanic populations in many areas. However, the rate of change in Lowell is slower than in many other parts of the country.
The economic growth observed in Lowell, particularly the significant income increase in 2021, may reflect broader economic trends such as post-pandemic recovery or shifts in local industry. However, without more detailed local economic data, it's challenging to pinpoint the exact causes of these income fluctuations.
In conclusion, while Lowell has experienced some economic growth and minor demographic shifts over the past decade, it remains a Low Diversity, White Majority community. The area's demographic stability, coupled with economic growth, suggests a community that has maintained its character while experiencing modest prosperity. Future trends to watch include whether the slight increases in Hispanic and multiracial populations continue or accelerate, potentially leading to a more diverse community in the long term.
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