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Demographics
Population
Median Income
Racial Distributions
The zip code 50510 in Albert City, Iowa, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 1,156 and a median income of $62,543. This rural community has experienced minor demographic changes over the past decade.
From 2013 to 2022, Albert City has maintained its status as a "Low Diversity" community with a "White Majority." The white population has remained above 75% throughout this period, ranging from 96% in 2013 to 88% in 2018. There are indications of a gradual increase in diversity, albeit at a slow pace.
The most significant change has been the growth of the Hispanic population, which increased from 1% in 2013 to 7% in 2022. This trend suggests that Albert City may be slowly transitioning towards a more diverse community, though it still firmly remains in the "Low Diversity" category. The community has also seen a small increase in residents identifying as two or more races, rising from 1% in 2013 to 2% in 2022. Other racial groups, including Asian, Black, and Native American, have maintained very low representation throughout the decade, often at 0% or with no data available.
The median income in Albert City has shown a general upward trend over the past decade, increasing from $47,903 in 2013 to $62,543 in 2022. This represents a 30.6% increase over nine years. There was a substantial increase in median income from $62,387 in 2020 to $70,302 in 2021, followed by a decrease to $62,543 in 2022.
The gradual increase in diversity, particularly the growth of the Hispanic population, has coincided with this overall increase in median income. This could suggest that the small influx of Hispanic residents may be associated with economic opportunities in the area. The population of Albert City has remained relatively stable over the decade, fluctuating between about 1,100 and 1,230 residents.
The demographic trends in Albert City reflect broader patterns seen in many rural Midwestern communities, where there is often a slow but steady increase in diversity, particularly among Hispanic populations. However, the rate of diversification in Albert City appears to be slower than national trends. The economic growth in Albert City, with a 30.6% increase in median income over nine years, outpaces the national average.
Albert City remains a "Low Diversity" community with a strong "White Majority," but there are signs of gradual demographic shifts, primarily driven by growth in the Hispanic population. These changes have occurred alongside significant economic growth, as evidenced by the substantial increase in median income.