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Demographics
Population
Median Income
Racial Distributions
Zip code 65622 in Buffalo, Missouri, is classified as a Low Diversity community with a White Majority as of 2022. The population is 93% white, with minimal representation from other racial groups. The median income in 2022 was $40,239, which is lower than national averages. This demographic and economic landscape has evolved over the past decade.
From 2013 to 2022, the community has maintained its Low Diversity status with a strong White Majority. The white population has consistently remained above 90% during this period, with minor fluctuations. There are subtle indications of a very slow transition towards increased diversity. The Hispanic population has shown a gradual increase from 1% in 2013 to 4% in 2022. The population identifying as two or more races has fluctuated but displays a general upward trend, reaching 2% in 2022. There has been a fluctuating but persistent presence of Native Americans in the community, ranging from 0% to 2% over the years. Despite these minor shifts, the community remains in the Low Diversity category due to the overwhelming white majority.
The median income in this zip code has shown considerable fluctuation over the past decade. Income volatility is evident, with the median income ranging from a low of $40,239 in 2022 to a high of $44,111 in 2021. There was a significant drop in median income from 2021 to 2022, falling from $44,111 to $40,239. This recent decline could indicate economic challenges in the community. Despite fluctuations, the overall trend shows little growth in median income over the decade. The 2022 median income ($40,239) is lower than the 2013 figure ($43,032), suggesting economic stagnation or decline when accounting for inflation.
The population has remained relatively stable over the decade, fluctuating between about 8,300 and 9,000 residents. This stability in population, combined with the persistent low diversity, suggests a community with limited in-migration or demographic change.
This zip code appears to be resistant to national trends of increasing diversity, particularly in urban and suburban settings. The persistent low diversity and economic stagnation could be indicative of a rural area facing challenges common to many small towns in America, such as limited economic opportunities and minimal population growth or turnover.
The economic volatility and recent decline in median income may reflect broader economic challenges faced by rural communities, including the impact of changing industries, limited job opportunities, and potentially the effects of recent global events.
In conclusion, while there are slight indications of increasing diversity, zip code 65622 in Buffalo, Missouri, remains a predominantly white, low-diversity area with economic challenges. The community shows signs of resistance to broader national trends of increasing diversity and economic growth, suggesting a need for targeted economic development strategies and potentially initiatives to attract a more diverse population to stimulate growth and innovation in the area.