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Demographics
Population
Median Income
Racial Distributions
The zip code 50471 in Rudd, Iowa, is classified as a "Low Diversity" community as of 2022. The population is 98% white, with a total of 599 residents. The median income for this area is $70,518.
Over the past decade, Rudd has maintained its "Low Diversity" status. The white population has consistently remained above 90%. In 2017, the community briefly approached "Moderate Diversity" with the white population at 91% and the Hispanic population at 4%. By 2022, the white population increased to 98%, reinforcing the "Low Diversity" classification.
The Black population has not exceeded 2% throughout the decade. The Hispanic population peaked at 4% in 2017 but decreased to 2% by 2022.
The median income in Rudd has grown significantly over the past decade. From 2013 to 2022, it increased from $45,666 to $70,518, a 54% increase. The most substantial increase occurred between 2020 and 2021, with median income rising from $70,877 to $83,065, before slightly decreasing in 2022. The period of slightly increased diversity in 2017 coincided with a notable increase in median income, rising from $44,438 in 2016 to $56,292 in 2017.
Population figures have remained relatively stable, fluctuating between 550 and 630 residents throughout the decade, with no clear trend of growth or decline.
Rudd's lack of racial diversity is typical for small, rural Midwestern towns. The significant increase in median income over the decade aligns with broader national trends of economic recovery and growth following the 2008 financial crisis. The stability of the population size suggests that Rudd has not experienced the population decline common in many small rural communities.
In conclusion, Rudd has experienced substantial economic growth over the past decade, while its demographic composition has remained largely unchanged. The brief period of slightly increased diversity in 2017 coincided with economic improvements, but this trend did not continue. The community's ability to maintain its population and significantly increase median income suggests a stable local economy, despite the lack of demographic changes.