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Demographic Analysis of Zip Code 83340: Predominantly White Population with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 83340 in Ketchum, Idaho, is classified as a Low Diversity area as of 2022. The population is predominantly white, with 92% identifying as such. The current median income of $81,313 indicates an affluent community, exceeding the national median income.
Over the past decade, Ketchum has maintained its Low Diversity status. The white population has remained the majority, ranging between 85% and 95%. The Hispanic population experienced a slight increase from 2013 to 2019, reaching 12% in 2017 and 2019, but decreased to 4% by 2022. From 2020 onwards, small percentages (1-2% each) of Asian, Black, and Two or More Races categories emerged, indicating a slight trend towards increased diversity.
The median income in Ketchum has shown an overall upward trend. From 2013 to 2022, it increased from $69,399 to $81,313, representing a 17% growth. A significant increase occurred between 2019 and 2021, with median income rising from $68,622 to $83,462, a 21.6% increase. The population has fluctuated, with a notable increase from 3,549 in 2020 to 4,217 in 2021, coinciding with the sharp rise in median income.
Ketchum's median income is significantly higher than the national median, indicating an affluent area that may attract high-income residents. Given its proximity to Sun Valley, a popular ski resort, the demographic and economic trends might be influenced by its status as a resort town, potentially attracting wealthy, predominantly white residents and seasonal visitors.
The gradual increase in diversity aligns with national trends, although the pace of change in Ketchum appears slower than in many other parts of the country. The significant population and income increase between 2020 and 2021 could be related to the COVID-19 pandemic, with affluent individuals potentially relocating to less densely populated areas.
In conclusion, while Ketchum remains a Low Diversity area with a strong white majority, there are early signs of increasing diversity. The area's growing affluence, coupled with these demographic shifts, may lead to further changes in the community's composition and character in the coming years. However, any transitions are likely to be gradual given the current demographic makeup and the area's established character as an affluent, predominantly white community.
