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Demographic Evolution Analysis: Zip Code 63544 (Greencastle, Missouri) - Predominantly White Community with Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 63544 in Greencastle, Missouri, is categorized as a "Low Diversity" community as of 2022. The area is predominantly white, with 96% of the population identifying as such. The current median income is $58,081, showing a significant increase over the past decade.
Throughout the analyzed period (2013-2022), Greencastle has consistently maintained its status as a "Low Diversity" community. The white population has remained the overwhelming majority, never dropping below 90% of the total population. There have been subtle shifts within this category: a slight decrease in the white population from 95% in 2013 to 96% in 2022, with a low point of 90% in 2019; the emergence of a Hispanic population from 1% in 2013 to 6% in 2019, before declining to 1% in 2022; and an increase in multiracial individuals from 1% in 2013 to 2% in 2022, peaking at 3% in 2021.
The median income in Greencastle has shown a significant upward trend. In 2013, it was $41,935, and by 2022, it had reached $58,081. This represents a 38.5% increase over nine years, outpacing inflation. The most dramatic increase occurred between 2019 and 2020, jumping from $48,535 to $57,598, an 18.7% increase in a single year.
This economic growth doesn't seem to have dramatically altered the racial composition of the area. The community has remained overwhelmingly white despite the economic improvements. Population figures have fluctuated over the years, starting at 1,047 in 2013, dipping to a low of 850 in 2019, and rebounding to 940 in 2022. These fluctuations don't appear to correlate strongly with either racial or economic shifts.
Greencastle appears to be resistant to significant demographic change. This is not uncommon in rural Midwestern communities, which often maintain more homogeneous populations compared to national averages. The economic growth in Greencastle is notable, especially the sharp increase between 2019 and 2020. This could be related to broader economic trends or local factors such as new employers or industries entering the area.
In conclusion, while Greencastle has experienced significant economic growth over the past decade, it has maintained its status as a "Low Diversity" community. The subtle shifts in racial composition suggest a very slow trend towards increased diversity, but these changes are minimal compared to national trends. The community's ability to experience economic growth without significant demographic change is noteworthy and may be indicative of the broader socio-economic dynamics in similar rural Midwestern communities.
