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Demographics
Population
Median Income
Racial Distributions
The zip code 47120 in Fredericksburg, Indiana, is classified as a "Low Diversity" community as of 2022. The white population comprises 99% of the total, surpassing the 75% threshold for this classification. The area has a population of 850 and a median income of $59,672 as of 2022.
Fredericksburg has maintained its "Low Diversity" status over the past decade. The white population has consistently been dominant, with percentages ranging from 92% to 99%. No significant transitions between diversity categories have occurred during this period.
Minor demographic shifts have been observed. From 2016 to 2020, a small Hispanic presence was noted, peaking at 7% in 2017 before declining to 5% in 2020 and subsequently disappearing from the data. The category of Two or More Races appeared in the data from 2020 onwards, representing 3% of the population in 2020 and 1% in 2021 and 2022.
The median income in Fredericksburg has fluctuated over the past decade. It increased from $54,576 in 2013 to a peak of $70,611 in 2021, before decreasing to $59,672 in 2022. The population has grown overall, from 660 in 2013 to 850 in 2022, with some variations in between. The economic trends do not appear to strongly correlate with the minor demographic shifts observed.
Fredericksburg's lack of diversity contrasts with national trends towards increasing diversity in many areas of the United States. The median income of $59,672 in 2022 is close to the national median household income, which was approximately $70,784 in 2021. The community's resistance to diversification over the decade, despite some economic growth and population increase, suggests it may be a relatively isolated or rural area with limited in-migration from diverse populations.
In conclusion, Fredericksburg has experienced economic fluctuations and population growth over the past decade, but its racial composition has remained stable, maintaining its status as a "Low Diversity" community. The brief appearance of a small Hispanic population and the recent emergence of a multi-racial category suggest potential future changes, but as of 2022, these shifts have not significantly altered the community's demographic profile.