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Demographic Analysis of Zip Code 50562: Persistent Low Diversity and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 50562 in Mallard, Iowa, is classified as a "Low Diversity" community with a "White Majority" comprising 95% of the population as of 2022. The area has experienced a population decline from 378 residents in 2010 to 306 in 2022. Despite this decrease, the median income has increased from $56,066 in 2013 to $73,545 in 2022.
Mallard has maintained its status as a "Low Diversity" community with a strong "White Majority" from 2013 to 2022. The white population has consistently remained above 95% during this period. A minor increase in diversity has occurred, primarily due to a small growth in the Hispanic population (from 1% in 2013 to 2% in 2022) and the emergence of a two-or-more races category (2% in 2022). These changes are not significant enough to alter the community's overall diversity classification.
The median income in Mallard has shown a strong upward trend, increasing by approximately 31% from 2013 to 2022. This income growth occurred alongside the minor increase in racial diversity, indicating economic improvement while maintaining the demographic composition. The population decline of 19% from 2010 to 2022, combined with rising incomes, could suggest outmigration of lower-income residents, economic improvements benefiting remaining residents, or an aging population with increasing retirement incomes.
The trend of rural population decline in Mallard aligns with patterns observed in many small Midwestern towns over recent decades. The increase in median income, despite population decline, contrasts with the economic challenges often associated with shrinking rural communities. This suggests that Mallard may have maintained or improved its economic base despite losing residents.
The persistent low diversity of Mallard differs from national trends towards increasing racial and ethnic diversity, particularly in urban and suburban areas. However, it is not uncommon for small, rural Midwestern towns to remain predominantly white. The slight increase in Hispanic population and individuals identifying as two or more races aligns with national trends of growing diversity, albeit on a much smaller scale in Mallard.
Mallard has experienced minimal demographic changes over the past decade. The community remains a "Low Diversity" area with a strong "White Majority." The most significant change has been economic, with substantial income growth despite population decline. This indicates a community that is economically resilient but demographically static, potentially facing challenges related to population loss while benefiting from increasing prosperity among its remaining residents.
