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Demographics
Population
Median Income
Racial Distributions
Zip code 50168 in Mingo, Iowa, is classified as a Low Diversity community with a strong White Majority as of 2022. The area has a population of 848 and a median household income of $94,022, indicating a relatively affluent suburban or rural setting.
Over the past decade, Mingo has maintained its status as a Low Diversity community with a White Majority. The white population has remained above 90% throughout the period, with only minor fluctuations. There are subtle signs of increasing diversity, including a slight increase in the Hispanic population from 1% in 2015 to 3% in 2022, the emergence of a multi-racial category around 2017 stabilizing at 2% of the population, and the appearance of a small Black population (1%) from 2019 onwards.
The economic trajectory of Mingo has been positive over the past decade. From 2013 to 2022, the median household income increased from $66,546 to $94,022, representing a 41% growth over nine years. The population experienced a decline from 848 in 2010 to a low of 647 in 2016, followed by a steady increase back to 848 in 2022. This U-shaped trend in population coincides with the period of income growth, suggesting that economic improvements may have attracted new residents or encouraged locals to stay.
The median household income of $94,022 in 2022 is likely well above the national average, which was around $70,000 in 2021. The racial homogeneity of Mingo contrasts with national trends towards increasing diversity in many American communities. The population rebound and income growth suggest that Mingo may be part of a broader trend of small town revitalization or suburban growth seen in some parts of the Midwest.
In conclusion, while Mingo remains a Low Diversity community with a strong White Majority, subtle demographic shifts and significant economic growth over the past decade hint at the potential for gradual change. The area's increasing prosperity may be a factor in attracting a slightly more diverse population, though these changes are occurring at a much slower pace than national trends. As the community continues to evolve, it will be interesting to monitor whether these nascent diversity trends accelerate or if the area maintains its current demographic composition.