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Demographics
Population
Median Income
Racial Distributions
The zip code 50122 in Hubbard, Iowa, is classified as a "Low Diversity" community as of 2022. The population is 96% white, with a median income of $65,264 and a total population of 1,682.
Over the past decade, this zip code has maintained its "Low Diversity" status. The white population has consistently remained above 90% from 2013 to 2022. Minor changes include a decrease in the Hispanic population from 5% in 2013-2015 to 2% in 2022, and the emergence of a small multi-racial population (1%) from 2019 onwards.
The median income in the area has shown an overall positive trend. From 2013 to 2021, median income increased from $53,236 to $70,176, representing a 32% growth. In 2022, there was a slight decrease to $65,264, which still indicates a 22.6% increase from 2013. The population has fluctuated, peaking at 1,757 in 2013, reaching its lowest point of 1,537 in 2017, and rebounding to 1,682 by 2022.
The economic trends have not significantly impacted the racial composition of the area. The community has maintained its low diversity despite the overall increase in median income, suggesting that economic growth has not led to increased racial diversity in this case.
The persistent low diversity in this zip code contrasts with national trends towards increasing diversity in many areas of the United States. The growth in median income aligns with broader economic trends of recovery and growth following the 2008 financial crisis, although the recent dip in 2022 might reflect more recent economic challenges faced nationwide.
The stability of the racial composition despite economic growth suggests that this area may have specific factors that have maintained its demographic homogeneity. In conclusion, while Hubbard, Iowa (zip code 50122) has experienced notable economic growth over the past decade, its racial composition has remained stable, maintaining its status as a low diversity community.