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Demographics
Population
Median Income
Racial Distributions
The zip code 52754 in Letts, Iowa, is classified as a "Low Diversity" community as of 2022. The population is 78% white, indicating a strong racial majority. The median income for 2022 was $56,247, with a population of 1,714.
Over the past decade, Letts has maintained its "Low Diversity" status. The white population has remained the dominant racial group, consistently above 75% from 2013 to 2022. The white population percentage decreased slightly from 81% in 2013 to 78% in 2022. The Hispanic population increased marginally from 17% in 2013 to 18% in 2022. The "two or more races" category increased from 0% in 2013 to 2% in 2022.
The median income in Letts has shown considerable volatility over the past decade. There was a significant drop from $65,823 in 2013 to $55,249 in 2016. Income levels remained relatively stable between 2016 and 2020, ranging from $55,000 to $57,000. A notable spike occurred in 2021, with median income reaching $73,951, followed by a sharp decline to $56,247 in 2022.
Economic fluctuations do not appear to correlate strongly with the subtle demographic shifts. The community has maintained its low diversity status despite income variations, suggesting that economic factors have not significantly influenced racial composition in this area.
Population trends have been relatively stable, with minor fluctuations between approximately 1,550 and 1,750 residents over the decade. This stability in population, combined with the consistent racial makeup, indicates that the community has not experienced significant in-migration or out-migration that might have altered its demographic profile.
Letts appears to be changing at a much slower pace compared to national trends of increasing diversity in many urban and suburban areas. The persistence of a strong white majority (78%) is higher than the national average, which was around 60% white as of the 2020 census. The gradual increase in Hispanic population aligns with broader national trends, but at a more modest scale in Letts.
The economic volatility experienced in Letts, particularly the sharp rise and fall in median income between 2020 and 2022, may reflect broader economic challenges or changes in the local economy.
In conclusion, Letts remains a "Low Diversity" community, with subtle signs of very gradual diversification. The economic fluctuations, while significant, have not appeared to dramatically alter the demographic makeup of the community. This suggests a relatively stable community structure that is slowly evolving, but at a pace much slower than many other parts of the country.