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Demographics
Population
Median Income
Racial Distributions
The zip code 50633 in Geneva, Iowa, is characterized by low diversity as of 2022. The population is 96% white, meeting the criteria for a racial group dominating with over 75% of the population. The median income for 2022 was $55,879, showing a slight decrease from the previous year.
Geneva has maintained its status as a low diversity community over the past decade. The white population has remained above 94% from 2013 to 2022. Minimal changes in racial composition have occurred, with slight fluctuations in the Hispanic population (0% to 2%) and a small emergence of a two or more races category (2% in 2021 and 2022). The community has consistently remained a White Majority area with Low Diversity, indicating a lack of significant demographic changes.
The median income in Geneva has fluctuated notably over the years. From 2013 to 2022, there was an overall increase from $51,194 to $55,879. However, this growth was not linear. A significant peak in median income occurred in 2019 at $72,584, followed by a sharp decline to $56,115 in 2020, potentially influenced by the global COVID-19 pandemic.
The population of the zip code has fluctuated, peaking at 428 in 2017 and declining to 343 in 2022. This population decrease, coupled with income variability, suggests potential economic challenges or changes in the local job market. Periods of higher median income (2018-2019) coincided with a slight increase in racial diversity, with the Hispanic population reaching 2%. However, this correlation is weak and may not indicate a causal relationship given the overall stability in racial composition.
The demographic profile of Geneva contrasts with national trends towards increasing diversity. While many urban and suburban areas across the United States have seen growing minority populations and transitions towards Majority-Minority or High Diversity status, Geneva has maintained its homogeneous racial composition.
The economic fluctuations, particularly the sharp rise and fall in median income between 2018 and 2020, may reflect broader economic trends related to the pre-pandemic economic boom and subsequent COVID-19 related economic challenges. The population decline in recent years, dropping from a peak of 428 in 2017 to 343 in 2022, could indicate challenges in retaining residents or attracting new ones. This trend might be part of broader rural depopulation patterns seen in many small Midwestern communities.
Geneva presents a picture of demographic stability amidst economic variability. Its persistent Low Diversity status stands in contrast to national demographic shifts, while its economic fluctuations reflect some alignment with broader economic trends. The community's ability to maintain its population and economic base in the face of these changes will be crucial for its future development and sustainability.