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Demographics
Population
Median Income
Racial Distributions
The zip code 83431 in Lewisville, Idaho, is classified as a "White Majority" community with "Low Diversity" as of 2022. The area has a population of 621 and a median income of $79,821. This indicates a small but economically stable community.
Lewisville has experienced a transition in its racial composition over the past decade, maintaining its "White Majority" status. In 2013, the community showed "Low Diversity" with 95% of the population identifying as white. By 2022, the white population decreased to 80%, though the community is still categorized as "Low Diversity". The Hispanic population increased from 3% in 2013 to 15% in 2022, suggesting a potential shift towards a "Transitional Community" status. The population identifying as two or more races increased from 1% in 2013 to 5% in 2022.
Lewisville has experienced substantial economic growth alongside these demographic shifts. The median income rose from $53,645 in 2013 to $79,821 in 2022, representing a 48.8% increase over nine years. This growth outpaces inflation and indicates a significant improvement in the community's economic well-being. The population has remained relatively stable during this period, with minor fluctuations, peaking at 676 in 2016 and settling at 621 in 2022.
The correlation between increasing diversity and rising median income suggests that the influx of new residents, particularly from the Hispanic community, may be contributing to the area's economic growth. This could be due to new businesses, skills, or economic opportunities brought by these demographic changes.
The trends observed in Lewisville align with broader patterns seen in many rural and small-town communities across the United States. The gradual increase in diversity, particularly growth in Hispanic populations, is a common trend in many parts of the country. The significant increase in median income is noteworthy and may outpace national averages for similar-sized communities. This could indicate that Lewisville is benefiting from unique economic factors or development initiatives driving prosperity in the area.
Lewisville remains a predominantly white, low-diversity community, but it is showing signs of gradual demographic change and significant economic improvement. These trends suggest a community in transition, potentially moving towards greater diversity and economic opportunity in the coming years. The correlation between increasing diversity and rising incomes presents an optimistic outlook for the community's future. It will be important to monitor how these changes affect local dynamics and community cohesion.