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Demographic Analysis of Zip Code 80742: Racial Composition and Economic Trends
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CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 80742 in Raymer (New Raymer), Colorado, is classified as a "Low Diversity" community as of 2022. The population is 86% white, which meets the criteria for a racial group comprising over 75% of the population. The median income is $64,897, and the population has decreased to 303 residents.
This zip code has maintained its "Low Diversity" status over the past decade. The white population percentage has slightly decreased from 92% in 2013 to 86% in 2022. The Hispanic population increased from 5% in 2013 to 19% in 2018, before declining to 4% in 2022. The percentage of residents identifying as two or more races has grown from 2% in 2013 to 8% in 2022.
The median income in the zip code has shown significant fluctuations. From 2013 to 2021, there was a strong upward trend, with median income rising from $57,621 to $82,623, a 43% increase. However, from 2021 to 2022, there was a substantial drop to $64,897, a 21% decrease. Despite this recent decline, the 2022 median income is still 13% higher than in 2013.
Population trends have been relatively stable, with minor fluctuations between 318 and 355 residents over the past decade. The recent decline to 303 in 2022 represents the lowest point in this period.
The persistent "Low Diversity" classification in this zip code contrasts with national trends toward increasing diversity in many areas of the United States. The significant income growth from 2013 to 2021 likely outpaced national averages. The sharp income decline in 2022 could be related to broader economic challenges faced nationwide, but the magnitude of the drop suggests local factors may also be at play.
The stable, slightly declining population in a rural setting may reflect challenges in attracting or retaining residents, a common issue in many rural American communities. The zip code covers a large area of 425.43 square miles.
Raymer (New Raymer) has maintained its status as a predominantly white, low-diversity community. It has experienced notable economic fluctuations and subtle demographic shifts. The recent sharp decline in median income, coupled with a population decrease, may signal challenges that warrant further investigation into local economic conditions and community dynamics.
