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Demographic Analysis of Zip Code 47960: Persistent White Majority and Minimal Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Zip code 47960 in Monticello, Indiana, exhibits characteristics of a Low Diversity community. As of 2022, the area has a White Majority, with 92% of the population identifying as white. This demographic makeup has remained relatively stable over the past decade, with only minor fluctuations in racial composition.
Throughout the 2013-2022 period, Monticello has consistently maintained its status as a Low Diversity community with a White Majority. The white population has remained above 90% for the entire decade, showing only slight variations. There has been a small increase in racial diversity, primarily driven by growth in the Hispanic population and those identifying as two or more races.
The Hispanic population grew from 5% in 2013 to 6% in 2022, peaking at 7% in some intervening years. The percentage of residents identifying as two or more races increased from 0% in 2013 to 2% in 2022. These changes suggest a slow trend towards slightly increased diversity, though not enough to shift the community out of the Low Diversity category.
The median income in Monticello has shown moderate fluctuations over the past decade. In 2013, the median income was $55,234, and by 2022 it had marginally increased to $55,685. There were notable variations within this period, including a dip to $53,583 in 2014 and a peak of $64,808 in 2021. These economic fluctuations do not appear to correlate strongly with the minor demographic shifts observed.
The population of the zip code has decreased slightly from 15,133 in 2013 to 14,703 in 2022, a decline of about 2.8%. This modest population decrease does not seem to have significantly impacted the racial composition or economic status of the area.
Monticello appears to be maintaining its demographic composition with only slight changes. This stability in racial makeup is less common in many urban and suburban areas, which have typically seen more rapid diversification over the past decade. The median income in Monticello ($55,685 in 2022) is below the national median household income, which was approximately $70,784 in 2021.
Monticello, Indiana (zip code 47960) represents a stable, Low Diversity community with a strong White Majority. While there are small indications of increasing diversity, primarily through growth in the Hispanic and multiracial populations, these changes have been minimal over the past decade. The area's economic indicators show moderate fluctuations but overall stability, not significantly impacting or being impacted by the minor demographic shifts observed.
