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Demographics
Population
Median Income
Racial Distributions
Polk, Pennsylvania, is classified as a "Low Diversity" community. As of 2022, the white population comprises 94% of the total, exceeding the 75% threshold for this classification. The city's current median income is $61,670, with a population of 2,208 residents.
Over the past decade, Polk has maintained its status as a "Low Diversity" community. The white population has decreased slightly from 98% in 2013 to 94% in 2022. There has been a small increase in residents identifying as two or more races, rising from 1% in 2013 to 3% in 2022. Black and Hispanic populations have remained stable at around 1% each. These changes suggest a slow trend towards increased diversity, though not enough to shift the community out of the "Low Diversity" category.
The median income in Polk has shown a positive trend. It rose from $47,991 in 2013 to a peak of $66,187 in 2021, with a slight decrease to $61,670 in 2022. This represents a 28.5% increase over the decade. Population figures have fluctuated, decreasing from 2,577 in 2010 to a low of 2,240 in 2019, and rebounding slightly to 2,208 in 2022.
Polk's demographic composition contrasts with national trends towards increasing diversity. The community's racial homogeneity has remained stable compared to many areas experiencing more rapid demographic changes. However, the economic growth aligns with broader national trends of rising incomes over the past decade.
Based on observed trends, Polk is likely to remain a "Low Diversity" community in the near future. The slow increase in residents identifying as two or more races suggests a gradual trend towards slightly more diversity. If this trend continues and accelerates, the community might eventually transition into a "Transitional Community" category, but this would likely take several more decades at the current rate of change.
Economically, the area appears poised for continued growth, barring any significant external shocks. The positive correlation between the subtle demographic shifts and economic growth suggests that any future increases in diversity are unlikely to negatively impact the community's economic trajectory.
In conclusion, Polk remains a predominantly white, low-diversity area, showing signs of gradual demographic change alongside positive economic development. This indicates a stable community slowly adapting to broader national demographic trends while maintaining economic growth.