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Demographic Analysis of Zip Code 46745: A Study of Racial Composition in Hoagland, Indiana
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 46745 in Hoagland, Indiana, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 1,386 and a median income of $60,993. This small, predominantly white community has experienced some demographic and economic changes over the past decade.
Throughout the analyzed period (2013-2022), Hoagland has maintained its status as a "Low Diversity" area with a strong "White Majority." The white population has remained above 95% during this period, increasing slightly from 95% in 2013 to 99% in 2022. This indicates a stable racial composition with minimal change over time.
The Hispanic population, while very small, has shown some fluctuation. It decreased from 1% in 2013-2015 to 0% in 2016-2020, before rising back to 1% in 2021-2022. The presence of other racial groups is minimal, with data often unavailable or showing 0% representation.
The community does not show signs of becoming a "Transitional Community" as there are no significant increases in minority populations or consistent trends towards greater diversity.
The median income in Hoagland has experienced some volatility over the past decade. It peaked in 2013 at $74,966 and has generally trended downward since then, reaching $60,993 in 2022. This represents an 18.6% decrease in median income over this period.
The population has fluctuated, starting at 1,400 in 2013, dropping to a low of 1,288 in 2016, then rising to a peak of 1,592 in 2020, before settling at 1,386 in 2022. These population changes do not seem to correlate strongly with the changes in racial composition, given the minimal racial demographic shifts.
The downward trend in median income, despite the relative stability of the racial makeup, suggests that economic factors beyond racial demographics are influencing the community's financial well-being.
Hoagland appears to be an exception to the national trends that have generally shown increasing diversity in many communities across the United States. Its persistent "Low Diversity" status contrasts with many areas that have become more diverse over the past decade.
The decline in median income in Hoagland is notable, especially when compared to national trends. While the U.S. as a whole has seen some income growth over this period, Hoagland's economic trajectory appears to be moving in the opposite direction.
The stability of the racial composition in Hoagland, coupled with its economic challenges, suggests that this community may be facing unique local economic pressures that are not directly tied to demographic changes. Factors such as changes in local industries, job markets, or broader regional economic shifts might be more significant in explaining the area's economic trends than racial demographic factors.
In conclusion, while Hoagland has maintained its status as a "Low Diversity" community with a strong "White Majority," it has faced economic challenges that have resulted in a decrease in median income over the past decade. This presents a picture of a demographically stable but economically challenged small community.
