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Demographic Analysis of Zip Code 47649: Predominantly White Population in Francisco, Indiana
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 47649 in Francisco, Indiana, is classified as a "Low Diversity" community as of 2022. The white population comprises 92% of the total, meeting the definition of a low diversity area where one racial group exceeds 75% of the population. The median income for 2022 was $72,323, showing an increase from previous years.
Francisco has maintained its status as a "Low Diversity" community over the past decade. The white population has consistently remained above 90% from 2013 to 2022. Minor fluctuations occurred, with the white population reaching 97% in 2017 and 2018, before decreasing to 92% in recent years. The "Two or More Races" category has shown a small but steady increase, growing from 2% in 2017 to 6% in 2022. This may indicate the beginning of a slow transition towards slightly more diversity, although the community remains predominantly white.
Other racial groups have had minimal representation throughout the decade. Black and "Other" races only began to register in the data in 2021, each at 1% of the population.
The median income in Francisco has shown volatility over the years, with an overall upward trend. From 2013 to 2022, the median income increased from $51,214 to $72,323, representing a 41% growth over nine years. A significant drop in median income occurred in 2015 to $47,011, followed by a steady increase until 2020. The town experienced another decrease in 2021 to $57,753, before rebounding in 2022. These fluctuations may indicate economic challenges or shifts in the local economy.
Population trends show a peak in 2016 at 1,586 residents, followed by a decline to 1,268 in 2022. This 20% decrease in population over six years is significant and could be related to economic factors or other local conditions.
The persistent lack of diversity in Francisco contrasts with national trends towards increasing diversity in many areas of the United States. The median income growth in Francisco outpaces the national average over a similar period, which is a positive economic indicator for the community. However, the declining population suggests there might be other factors at play, such as limited job opportunities or an aging population.
Francisco has seen some economic improvements over the past decade, but remains a low-diversity community with a predominantly white population. The slight increase in multiracial residents and the fluctuations in income and population suggest that the town may be experiencing gradual changes, but it has not yet transitioned to a new demographic category as defined in the study's terms.
