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Demographics
Population
Median Income
Racial Distributions
Zip code 64481 in Ridgeway, Missouri, is categorized as a "Low Diversity" community as of 2022. The area is predominantly white, with 97% of the population identifying as such. The current median income is $52,056, and the population is 786, indicating a small, rural community.
Over the past decade, Ridgeway has maintained its status as a "Low Diversity" community. The white population has remained above 94% throughout the period, with minimal representation from other racial groups. From 2013 to 2018, the community was extremely homogeneous, with the white population consistently at 97-99%. A minor shift occurred in 2019-2020, where the white population decreased to 94%, but by 2022, the community reverted to its previous racial composition with 97% white population.
The median income in Ridgeway has shown an overall upward trend over the past decade. In 2013, the median income was $37,803. It peaked in 2020 at $53,386, and as of 2022, it stands at $52,056. This represents an overall increase of about 37.7% from 2013 to 2022. However, the population has decreased from 933 in 2013 to 786 in 2022, a decline of about 15.8%.
The economic improvement does not appear to correlate strongly with demographic changes, as the racial composition remained largely stable. The income increase might be attributed to other factors such as economic development initiatives, changes in local industries, or broader economic trends affecting rural communities.
The racial homogeneity of Ridgeway is notably higher than the national average. As of 2021, the U.S. Census Bureau reported that the white alone, not Hispanic or Latino population was about 59.3% nationally. The median household income in the United States was $69,021 in 2022. Ridgeway's median income of $52,056 is significantly lower, about 24.6% below the national average. The population decline in Ridgeway (-15.8% from 2013 to 2022) contrasts with the overall U.S. population growth.
Ridgeway presents a picture of a stable, low-diversity rural community that has experienced economic growth despite population decline. The lack of significant demographic shifts suggests that the community has not been subject to major external influences that might drive rapid changes in racial composition. The economic improvements, while notable, have not been substantial enough to reverse the trend of population decline, which may be a concern for the long-term sustainability of the community.