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Demographic Analysis of Zip Code 47840: A Predominantly White Community
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 47840 in Center Point, Indiana, is classified as a "Low Diversity" community as of 2022. The population is 99% white, a characteristic that has remained stable over the past decade. This indicates minimal racial diversification in the area.
From 2013 to 2022, Center Point has consistently maintained its "Low Diversity" status. The white population has comprised over 95% of the total throughout this period, with only minor fluctuations. A slight increase in diversity occurred from 2017 to 2019, with 2-3% of the population identifying as two or more races. However, by 2022, the population returned to being almost entirely white.
The community has not transitioned between diversity categories, remaining in the "Low Diversity" classification. This stability suggests an absence of significant demographic change triggers such as immigration, economic shifts, or urban development that might attract a more diverse population.
The area has experienced notable economic changes despite the lack of racial diversification. The median income has shown an upward trend, increasing from $59,987 in 2013 to $69,294 in 2022, with a peak of $75,953 in 2021. This represents a 15.5% increase over the decade, surpassing inflation.
The population has grown from 1,689 in 2013 to 1,825 in 2022, with significant fluctuations in between. The peak population of 2,056 in 2021 coincided with the highest median income, suggesting a possible influx of higher-income residents during that period. The economic growth and population increases have not led to increased racial diversity, indicating that the economic opportunities may primarily appeal to or be accessible to individuals from similar demographic backgrounds as the existing population.
The persistent lack of diversity in Center Point contrasts with national trends towards increasing racial diversity in many urban and suburban areas. While the U.S. as a whole has been moving towards becoming a "Majority-Minority" nation, with growing Hispanic and Asian populations, this zip code has remained overwhelmingly white.
The economic growth in the area aligns with broader national trends of rising median incomes, especially in the years leading up to and following the COVID-19 pandemic. The sharp increase in median income and population in 2021, followed by a decline in 2022, mirrors patterns seen in many areas across the U.S., possibly reflecting pandemic-related economic stimuli and subsequent adjustments.
Center Point has experienced economic growth and population fluctuations over the past decade, while its racial composition has remained stable. This presents a case study of economic development occurring without corresponding demographic diversification, contrasting with trends observed in many other parts of the country.
