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Demographic Analysis of Zip Code 81023: Racial Composition and Diversity Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 81023 in Beulah Valley, Colorado, is classified as a "Low Diversity" community as of 2022. The population is 80% white, with 15% identifying as Hispanic and 5% as two or more races. This represents a gradual increase in diversity compared to 2013, when the white population was 93% and the Hispanic population was 2%.
Over the past decade, Beulah Valley has maintained its "Low Diversity" classification, but has shown a trend towards increasing diversity. The Hispanic population growth from 2% in 2013 to 15% in 2022 is the most significant change. The appearance of a 5% "two or more races" category in recent years further supports this diversification trend.
The median income in Beulah Valley has fluctuated over the past decade. It generally increased from 2013 to 2019, reaching a peak of $77,483 in 2019. In 2020, there was a significant decrease to $61,846, possibly due to the COVID-19 pandemic. Since then, the median income has shown slight recovery but remains below the 2019 peak.
The period of increasing diversity (2013-2022) roughly coincides with the period of overall income growth, suggesting a possible connection between new residents and economic changes in the area. The recent decrease in median income has not reversed the trend of increasing diversity.
Population trends show growth from 2013 to 2017, followed by a decline. The 2022 population (974) is lower than the 2013 figure (1,159). This decline occurs simultaneously with the period of increased diversification, indicating that while the overall population decreased, the community became more diverse.
The trends observed in Beulah Valley align with broader national patterns of increasing diversity in rural and suburban areas. The growth in the Hispanic population reflects a nationwide trend of Hispanic population growth and dispersion beyond traditional urban centers.
The economic fluctuations, particularly the sharp decline in 2020, likely reflect the broader economic impacts of the COVID-19 pandemic, which affected communities across the United States. The subsequent partial recovery also aligns with national economic trends post-2020.
Beulah Valley remains a predominantly white, low-diversity community, but shows clear signs of gradual diversification. This demographic shift, coupled with economic fluctuations, suggests a community in transition, adapting to changing population dynamics and economic challenges. The coming years will be crucial in determining whether these trends continue, potentially moving the community towards moderate diversity and economic stability.
