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Demographics
Population
Median Income
Racial Distributions
The zip code 51649 in Randolph, Iowa, is classified as a "Low Diversity" community as of 2022. The population is 95% white. The median income is $68,543, which has increased significantly over the past decade. The population has decreased from 669 in 2010 to 601 in 2022.
From 2013 to 2022, Randolph has maintained its "Low Diversity" status. The white population has remained above 90% throughout this period. Minor changes include a slight decrease in the white population from 96% in 2013 to 95% in 2022, a small increase in the Black population from 0% to 1%, fluctuations in the Hispanic population reaching 3% in recent years, and a minimal Native American presence occasionally reaching 1%. These changes suggest a slow trend towards slightly increased diversity.
The median income in Randolph has increased from $52,712 in 2013 to $68,543 in 2022, representing a 30% increase over nine years. The highest median income was $75,214 in 2021. This economic growth has occurred alongside the subtle demographic shifts, indicating that the minor increases in diversity have not negatively impacted economic prosperity in the area.
The population decline from 669 in 2010 to 601 in 2022, combined with rising median incomes, may indicate a trend of older, more established residents remaining in the area while younger residents or families move out.
The increasing median income in Randolph aligns with broader national trends of economic recovery and growth following the 2008 recession. The persistent low diversity in this community contrasts with national trends towards increasing diversity in many areas of the United States. The slight population decline may be indicative of broader trends affecting rural or small-town America, where many areas are experiencing population loss to urban centers.
Randolph has experienced significant economic improvement over the past decade, while its demographic composition has remained largely stable, maintaining its status as a low-diversity community. The subtle shifts towards slightly increased diversity, coupled with rising incomes, suggest a community that is experiencing slow change while maintaining economic stability. The declining population could pose challenges for the community's long-term sustainability and may warrant further investigation into strategies for attracting and retaining residents.