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Demographic Analysis of Zip Code 47987: Predominant White Population in Veedersburg, Indiana
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 47987 in Veedersburg, Indiana, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The racial composition shows 95% of the population identifying as white, with minimal representation from other racial groups. The median income for 2022 was $54,652, and the population was 4,629.
Veedersburg has maintained its status as a "Low Diversity" community with a "White Majority" from 2013 to 2022. The white population has remained above 95% during this period, showing only a slight decrease from 97% to 95%. This minimal shift does not constitute a significant change in the community's diversity category.
There are subtle signs of a slowly increasing diversity. The Hispanic population increased from 2% in 2013 to 3% in 2022. The population identifying as two or more races increased from 0% in 2013 to 2% in 2022. The Black population showed a slight increase to 1% in 2021, though it returned to 0% in 2022. These changes, while small, could indicate the early stages of a "Transitional Community," albeit at a very slow pace.
The median income has shown fluctuations over the decade. In 2013, it was $49,747. It dipped to its lowest point of $45,805 in 2017, peaked at $58,463 in 2021, and was $54,652 in 2022. Despite these fluctuations, the overall trend shows a modest increase in median income over the decade. This economic growth does not seem to have significantly impacted the racial composition of the community, as the changes in diversity remain minimal.
Population figures have remained relatively stable, ranging from a low of 4,517 in 2020 to a high of 4,698 in 2013. The stability in population suggests that the community has not experienced significant in-migration or out-migration that might drive rapid demographic changes.
This zip code appears to be maintaining its homogeneous racial composition. This is not uncommon for small towns in the Midwest, which often change more slowly than urban areas. The modest income growth in Veedersburg generally aligns with broader economic trends in the U.S. over the past decade, which have seen slow but steady increases in median household income. However, the lack of significant demographic change contrasts with national trends towards increasing diversity.
In conclusion, while Veedersburg shows signs of very gradual diversification and modest economic growth, it remains a predominantly white, low-diversity community. The slow pace of change suggests that any transition to a more diverse community structure would likely occur over a much longer timeframe unless there are significant economic or social changes that could accelerate demographic shifts.
