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Demographic Analysis of Zip Code 64448: Predominantly White Population in Faucett, Missouri
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 64448 in Faucett, Missouri, exhibits characteristics of Low Diversity, with a predominantly White population (95% in 2022). The median income for this area in 2022 was $69,546, showing a decrease from previous years. With a population of 891 in 2022, this small community has experienced some fluctuations in both demographics and economic indicators over the past decade.
Throughout the observed period (2013-2022), Faucett has consistently maintained a White Majority status, with the White population never dropping below 92%. This indicates a stable racial composition with minimal diversification. There has been a slight increase in diversity, primarily due to growth in the Two or More Races category, which rose from 1% in 2013 to 4% in 2022. This subtle shift suggests the community may be in the early stages of becoming a Transitional Community, albeit at a very slow pace.
The Hispanic population, while minimal, appeared in the data for the first time in 2020 at 0% and increased to 1% by 2022. This emergence, though small, could indicate the beginning of a gradual diversification trend.
The median income in Faucett has shown considerable volatility over the observed period. It peaked at $86,786 in 2017 but has since experienced a general downward trend, reaching $69,546 in 2022. This represents a significant decrease of about 20% from the 2017 peak.
The slight increase in racial diversity coincided with the period of highest median income (2015-2017). However, as the median income began to decline after 2017, the rate of diversification slowed, suggesting a potential correlation between economic prosperity and increasing diversity in this community.
Population trends have been relatively stable, with minor fluctuations between 871 (2013) and 1,017 (2018). The current population of 891 in 2022 represents a slight decrease from the peak but remains higher than the 2013 figure.
Faucett appears to be diversifying at a much slower rate compared to national trends. The community's racial composition remains predominantly White. The median income in Faucett, despite its recent decline, remains above the national median income. However, the downward trend in income is concerning, especially when compared to the general upward trend in national median income over the same period.
The community's small population and low population density suggest a rural or semi-rural setting. Such areas often face unique challenges in attracting diverse populations and maintaining economic growth, which may explain the slow pace of demographic change and the recent economic downturn.
In conclusion, while Faucett shows early signs of transitioning towards greater diversity, it remains a Low Diversity community with a strong White Majority. The economic trajectory, marked by declining median income, may pose challenges for future growth and diversification. Monitoring these trends in the coming years will be crucial to understanding whether Faucett will continue on a path of gradual diversification or maintain its current demographic composition.
