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Demographics
Population
Median Income
Racial Distributions
ZIP code 80444, representing Georgetown in Colorado, is categorized as a "Low Diversity" community based on demographic data. As of 2022, the white population constitutes 86% of the total, exceeding the 75% threshold for this classification. The area has a population of 427 as of 2022, with a median income of $50,020.
Throughout the analyzed period (2013-2022), Georgetown has consistently maintained its status as a "Low Diversity" community. The white population has remained the dominant racial group, fluctuating between 86% and 93% of the total population. This stability in racial composition suggests a relatively static demographic environment.
There are subtle signs of increasing diversity. The Hispanic population has gradually increased from 6% in 2013 to 7% in 2022. The percentage of individuals identifying as two or more races has generally increased from 0% in 2013 to 3% in 2022. These minor shifts hint at the potential for Georgetown to transition towards a "Moderate Diversity" classification in the future if these trends continue or accelerate.
The median income in Georgetown has shown significant volatility over the analyzed period. The highest median income was recorded in 2014 at $71,560. There has been a notable decline in median income from $70,894 in 2018 to $50,020 in 2022, representing a decrease of nearly 30%. Despite economic fluctuations, the population has remained relatively stable, ranging from 417 to 463 residents over the decade.
Georgetown's demographic stability contrasts with national trends towards increasing diversity in many areas. The town's persistent "Low Diversity" classification and predominantly white population suggest it may be less affected by broader demographic shifts seen in more urban or rapidly growing areas.
The recent decline in median income is noteworthy and may reflect broader economic challenges or changes in the local economy. This trend could potentially impact future demographic patterns if it continues, possibly leading to population changes or attracting different demographic groups seeking more affordable living options.
In conclusion, while Georgetown (ZIP code 80444) has maintained its status as a "Low Diversity" community over the past decade, subtle increases in Hispanic and multiracial populations hint at potential future changes. The area's economic volatility, particularly the recent decline in median income, may be a more significant factor in shaping the community's future than its current demographic composition. Monitoring these trends will be crucial for understanding Georgetown's evolving socio-economic landscape.