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Demographics
Population
Median Income
Racial Distributions
As of 2022, zip code 52237 in Hopkinton, Iowa, is categorized as a "Low Diversity" area. The community is predominantly white, with 98% of the population identifying as such. The current median income is $69,366, and the population is 1,776.
Over the past decade, Hopkinton has maintained its status as a "Low Diversity" area. The white population has remained above 95% from 2013 to 2022. From 2013 to 2015, the community was almost entirely white (99-100%). In 2016, there was a slight increase in diversity with the introduction of residents identifying as two or more races (1%).
From 2017 to 2020, there was a small increase in diversity. The black population rose to 2%, and the Hispanic population fluctuated between 1-2%. From 2020 to 2022, the racial composition remained relatively stable, with a slight increase in the white population from 96% to 98%.
The median income in Hopkinton has shown fluctuation over the years. From 2013 to 2014, there was a significant drop in median income from $65,244 to $58,235. From 2015 to 2021, there was a general upward trend in median income, with some fluctuations. The most notable increase occurred between 2020 and 2021, where the median income increased from $69,149 to $79,462. In 2022, the median income decreased to $69,366.
The period of slight increase in diversity (2017-2020) coincides with a period of generally increasing median income. However, the relationship does not appear to be strongly correlated, as the income fluctuations seem more influenced by broader economic factors than by the minimal changes in racial composition.
The population of Hopkinton has been generally declining over the past decade, from 2,000 in 2010 to 1,776 in 2022. This decline does not seem to have a clear relationship with the racial composition or income trends.
Hopkinton's demographic composition is not typical of the increasing diversity seen in many parts of the United States. The community has remained overwhelmingly white, even as many areas across the country have seen significant increases in racial and ethnic diversity over the past decade.
The income fluctuations, particularly the sharp increase in 2021 followed by a decrease in 2022, may reflect broader economic trends related to the COVID-19 pandemic and its aftermath, including changes in employment patterns, government assistance programs, and economic recovery efforts.
In conclusion, while Hopkinton has seen some minor increases in diversity and notable fluctuations in median income over the past decade, it remains a predominantly white, low-diversity community. The economic changes appear to be more influenced by broader economic factors than by the minimal demographic shifts observed.