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Demographic Analysis of Zip Code 47358: Low Diversity and Predominant White Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 47358 in Modoc, Indiana, is classified as having "Low Diversity" as of 2022. The area is predominantly white, with 95% of the population identifying as white. This classification aligns with the definition of Low Diversity, where one racial group comprises over 75% of the population. The median income in 2022 was $54,584, and the population was 974 residents.
Over the past decade, Modoc has maintained its status as a Low Diversity community. The white population has remained above 90% from 2013 to 2022. There has been a small increase in diversity, with the percentage of residents identifying as two or more races increasing from 0% in 2013 to 3% in 2022. The black population has fluctuated between 0% and 2%, while the Hispanic population has remained consistently low, never exceeding 1%.
The economic landscape of Modoc has shown a general upward trend. The median income has increased from $45,007 in 2013 to $54,584 in 2022, representing a 21.3% increase over nine years. Despite the income growth, the population has decreased from 1,105 in 2013 to 974 in 2022, a decline of about 11.9%. There was a significant spike in median income in 2021 to $61,396, followed by a correction in 2022.
While the community has remained predominantly white with low diversity, there has been a modest increase in economic prosperity as evidenced by rising median incomes. However, this has not translated into population growth. The slight increase in diversity coincides with the overall income growth, but it's difficult to establish a causal relationship given the small scale of demographic change.
The persistent low diversity in Modoc contrasts with national trends towards increasing diversity in many areas of the United States. The income growth observed in Modoc aligns with general economic recovery and growth trends seen across much of the country in the post-2008 recession era. The population decline, despite income growth, might suggest factors such as an aging population, outmigration of younger residents, or limited economic opportunities beyond the observed income increase.
In conclusion, while Modoc has experienced some economic growth over the past decade, its demographic makeup has remained relatively stable, maintaining its status as a Low Diversity community. The subtle increases in diversity and consistent income growth suggest a slowly evolving community, but one that has not undergone significant demographic transformation. Future years may reveal whether these small changes are the beginning of a larger trend or if Modoc will continue to maintain its current demographic character.
