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Demographic Analysis of Zip Code 50465: Predominant White Population with Emerging Hispanic Presence
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 50465 in Rake, Iowa, is classified as a "Low Diversity" community as of 2022. The population is 85% white, meeting the criterion of one racial group comprising over 75% of the population. The median income is $65,356, and the total population is 13 individuals.
Over the past decade, Rake has maintained its "Low Diversity" status. From 2013 to 2020, the white population ranged from 89% to 100%. In 2022, a shift occurred with the Hispanic population increasing to 15% and the white population decreasing to 85%. This change, while not altering the overall diversity classification, may indicate the beginning of a "Transitional Community" trend if it persists.
The median income in Rake has fluctuated significantly. It started at $54,062 in 2013, decreased to $49,199 in 2017, then rose to $77,445 in 2019. After dropping to $53,589 in 2020, it has shown recovery, reaching $65,356 in 2022. The increase in diversity in 2022 coincides with this income recovery, suggesting a potential correlation between increased diversity and economic improvement.
Population figures have remained relatively stable, ranging between 11 and 20 individuals over the decade. These minor population variations do not appear to significantly correlate with the observed economic trends.
Rake's demographic composition differs from national averages. In 2022, the U.S. Census Bureau estimated the national white population at 59%, lower than Rake's 85%. The national Hispanic population was approximately 19%, slightly higher than Rake's 15%. The national median household income in 2022 was approximately $70,784, higher than Rake's $65,356. However, due to Rake's small population, direct comparisons with national averages may not be entirely meaningful.
In conclusion, Rake remains a "Low Diversity" community, but shows subtle signs of demographic shifts that could lead to increased diversity. The economic fluctuations over the past decade, particularly the recent upward trend in median income, may be influenced by or influencing these demographic changes. Given the extremely small population size, these trends should be interpreted cautiously, as small changes can result in large percentage shifts.
