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Demographic Analysis of Zip Code 50634: Racial Homogeneity and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 50634, representing Gilbertville in Iowa, is classified as a "Low Diversity" community as of 2022. The racial composition data indicates that the white population constitutes 100% of the total population from 2016 to 2022, signifying a racially homogeneous area. The current median income is $75,710, with a population of 33 people.
From 2013 to 2022, Gilbertville has maintained its "Low Diversity" classification. The white population has consistently dominated, ranging from 94% to 100% of the total population. No significant shifts in racial composition have occurred, and the community has not transitioned between diversity categories during this period.
Despite the lack of racial diversity, notable economic changes have taken place. The median income has shown a significant upward trend, increasing from $49,418 in 2013 to $75,710 in 2022, representing a 53% increase over nine years. The population has remained relatively stable with minor fluctuations, peaking at 41 in 2019 and decreasing to 33 in 2022. As the population slightly declined in recent years, the median income continued to rise, suggesting improved economic conditions for remaining residents.
The extreme racial homogeneity of Gilbertville is unusual in the context of increasing diversity across many parts of the United States. This lack of diversity could be typical of small, rural Midwestern towns but contrasts with national trends towards greater racial diversity. The substantial increase in median income over the past decade is a positive economic indicator, outpacing inflation and suggesting improving economic conditions for the residents, despite the small population size. The very small population makes this community particularly sensitive to individual household changes, where the loss or gain of even a single high-income family could significantly impact the median income figures.
Gilbertville has not experienced significant demographic shifts in terms of racial diversity but has seen notable economic improvements over the past decade. The community remains a "Low Diversity" area with a strong economic trajectory, as evidenced by the rising median income. The slight population decline in recent years could be a point of concern for long-term community sustainability and warrants continued monitoring.
