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Demographics
Population
Median Income
Racial Distributions
The zip code 52046 in Farley, Iowa, is categorized as a "Low Diversity" community with a "White Majority" as of 2022. Data indicates that 95% of the population identifies as white, with a median income of $77,813. The racial composition has remained stable over the past decade, with minor shifts in diversity and economic indicators.
Throughout the 2013-2022 period, Farley has maintained its status as a "Low Diversity" area with a "White Majority." The white population has remained above 95% for most of this period, decreasing slightly from 98% in 2013 to 95% in 2022. This minimal change suggests a gradual trend towards increased diversity at a slow pace.
The Hispanic population has increased from 0% in 2013 to 2% in 2022. The "Two or More Races" category has fluctuated between 0% and 1% over the years. The Black population has increased from 0% to 1% in 2022. These minor changes could potentially indicate the early stages of a "Transitional Community," though the pace of change is very slow.
The median income in Farley has shown an upward trend over the past decade, increasing from $65,894 in 2013 to $77,813 in 2022. This represents an 18% increase over nine years, outpacing inflation for the same period. The population has grown from 2,609 in 2013 to 2,866 in 2022, an increase of about 9.8%.
The economic growth has occurred alongside the maintenance of the area's racial homogeneity, suggesting that the community's economic prosperity has not significantly altered its demographic makeup. The slight increases in diversity have not corresponded to noticeable dips in median income, indicating that the minor demographic shifts have not negatively impacted the area's overall economic health.
Farley appears to be changing at a much slower rate compared to national trends of increasing diversity in many urban and suburban areas. The persistence of a strong white majority in this zip code contrasts with many areas across the United States that have seen more rapid diversification over the same period.
The steady increase in median income is a positive economic indicator for the area, potentially reflecting broader economic growth in Iowa or the Midwest region. The minimal changes in racial composition, despite economic growth, might suggest limited in-migration from diverse populations. This could be due to various factors such as the area's rural nature, limited job opportunities for newcomers, or cultural factors that make the community less attractive or accessible to diverse populations.
Farley, Iowa (zip code 52046) has experienced steady economic growth over the past decade, while its demographic composition has remained largely unchanged. The area continues to be characterized by low diversity and a strong white majority, with only minimal signs of transitioning towards greater diversity. This stability in racial composition, coupled with economic growth, presents a contrast to national trends of increasing diversity in many communities across the United States.