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Demographic Analysis of Zip Code 47470: Predominantly White Community in Williams, Indiana
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 47470 in Williams, Indiana, is classified as a "Low Diversity" community as of 2022. The population is 97% white. This area has undergone some demographic and economic changes in the past decade.
From 2013 to 2022, the community maintained its "Low Diversity" status. The white population remained above 97% throughout this period. The Hispanic population increased slightly from 0% in 2017 to 2% in 2022. The category of two or more races appeared in 2019 at 1% and has remained stable since then.
The median income in this zip code has fluctuated over the past decade. From 2013 to 2018, it remained relatively stable around $50,000. Between 2019 and 2021, it increased significantly from $54,728 to $70,954, a rise of nearly 30%. In 2022, it decreased to $61,908, which is still higher than pre-2019 levels.
The population in this zip code has shown a trend of decline. From 2013 to 2016, there was growth from 1,888 to 1,832. However, from 2017 to 2022, there was a steady decline from 1,682 to 1,289.
The community's persistent "Low Diversity" status contrasts with national trends towards increasing diversity in many areas of the United States. The significant median income increase from 2019 to 2021, followed by a decrease in 2022, may reflect broader economic trends related to the COVID-19 pandemic and its aftermath. The population decline since 2017 could be part of a broader trend of population loss in rural or small-town areas, as people move to larger urban centers for economic opportunities.
In conclusion, Williams has experienced economic fluctuations and a gradual population decline over the past decade, but its racial demographic composition has remained stable. The community continues to be characterized by low diversity, with only minor increases in Hispanic and multiracial populations. These trends suggest that while economic factors may be influencing population changes, they have not significantly impacted the racial makeup of the community. The area may be at the beginning of a slow diversification process, but it would likely take many years of continued change before it could be reclassified into a different diversity category.
