Loading Content...
Demographic Analysis of Zip Code 51241: Predominantly White Population in Larchwood, Iowa
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 51241 in Larchwood, Iowa, is categorized as having "Low Diversity" as of 2022. The population is 96% white, with a median income of $65,061 and a total population of 2,227 residents.
Over the past decade, Larchwood has maintained its "Low Diversity" status. The white population has consistently remained above 95%. Minor fluctuations in racial composition include a Hispanic population varying between 2-4%, a small Asian population (1%) appearing in 2020-2021, and a 1% Black population emerging in 2022. These changes suggest a slow trend towards increased diversity, though not significant enough to alter the community's diversity classification.
The median income in Larchwood has fluctuated over the past decade. It peaked at $78,117 in 2014, followed by a general decline until 2017. From 2017 to 2021, there was an upward trend, reaching $70,992 in 2021. In 2022, there was a notable decrease to $65,061. Despite these fluctuations, the median income has generally remained above $65,000, indicating relative economic stability.
Population growth has been steady, increasing from 1,757 in 2010 to 2,227 in 2022, a 26.7% growth over 12 years. This growth has not significantly altered the racial composition, suggesting new residents largely reflect the existing demographic makeup.
Larchwood's demographic composition differs from national trends of increasing diversity, particularly in urban and suburban areas. This demographic stability is not uncommon for small, rural Midwestern communities, which often experience slower demographic changes.
The median income in Larchwood ($65,061 in 2022) exceeds the national median household income (approximately $70,784 in 2021). The recent decline in median income may warrant monitoring as it could indicate economic challenges or changes in the local job market.
The population growth of 26.7% over 12 years is significant for a small city, surpassing the overall U.S. population growth rate of about 7.4% from 2010 to 2020. This suggests Larchwood may be attracting new residents, possibly due to economic opportunities or quality of life factors.
In conclusion, Larchwood has experienced notable population growth and income fluctuations over the past decade, while maintaining its racial demographic composition and "Low Diversity" status. Economic indicators suggest relative financial stability for residents, though recent income declines may require attention. The community's resistance to significant demographic shifts, despite population growth, distinguishes it from national trends towards increasing diversity.
