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Demographic Analysis of Zip Code 98674: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Woodland, Washington (zip code 98674) is classified as a "Low Diversity" community with a "White Majority" as of 2022. The racial composition indicates 80% of the population identifies as white, with a Hispanic population of 13%. The median household income is $86,017. The area has experienced demographic and economic changes over the past decade.
From 2013 to 2022, Woodland maintained its "White Majority" status, but showed signs of increasing diversity. The white population decreased from 84% to 80%, while the Hispanic population grew from 10% to 13%. This gradual change suggests the area is in the early stages of becoming a "Transitional Community", particularly regarding its Hispanic population.
The community has seen a slight increase in its Asian, Black, and multiracial populations, though these groups remain small (1%, 1%, and 4% respectively in 2022). This trend indicates a slow but steady move towards greater diversity, though it still falls short of the "Moderate Diversity" or "High Diversity" categories.
Woodland has experienced significant economic growth. The median household income has risen from $68,279 in 2013 to $86,017 in 2022, representing a 26% increase over nine years. This growth outpaces inflation and suggests an improving economic situation for residents.
The population has grown substantially, from 10,574 in 2013 to 15,116 in 2022, a 43% increase. This population growth, coupled with rising incomes, may indicate that the area is attracting new residents, potentially due to economic opportunities or quality of life factors.
The correlation between demographic shifts and economic trends suggests that as the community becomes slightly more diverse, it is also becoming more prosperous. This could be due to new residents bringing skills and economic contributions, or it could reflect broader regional economic growth attracting a more diverse population.
The trend of increasing diversity, albeit slow, aligns with broader national trends of growing diversity in many American communities. However, the rate of change in Woodland appears to be slower than in many urban and suburban areas across the country.
The significant income growth in Woodland likely outpaces national averages, suggesting that this area may be benefiting from strong regional economic factors. The substantial population growth also indicates that Woodland may be part of a broader trend of migration to smaller cities or suburban areas.
Woodland remains a predominantly white, low-diversity community, but shows early signs of transitioning towards greater diversity. This demographic shift is occurring alongside strong economic and population growth, suggesting a community in the midst of significant change.
