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Demographic Evolution of Coaldale, Colorado: A Study of Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Coaldale, Colorado, is a small community with a population of 530 as of 2022. Coaldale can be categorized as having "Low Diversity" with a clear white majority. The median income in 2022 was $41,250, showing a significant increase from previous years.
Throughout the entire period from 2013 to 2022, Coaldale has consistently maintained a "Low Diversity" categorization. The white population has remained dominant, comprising over 86% of the total population in all recorded years. From 2013 to 2015, the community was almost entirely white (99-100%). Between 2016 and 2021, there was a slight increase in diversity, primarily due to a small influx of Hispanic residents. By 2022, the community reverted to being 100% white.
The median income in Coaldale has shown significant fluctuations over the past decade. It decreased from $34,078 in 2013 to a low of $26,062 in 2016. There was a gradual recovery from 2017 to 2021. A sharp increase occurred in 2022, reaching $41,250. Interestingly, the period of slightly increased diversity (2016-2021) coincided with lower median incomes, while the return to a completely white population in 2022 aligned with a substantial income increase.
Based on the observed trends, it seems likely that Coaldale will maintain its "Low Diversity" categorization in the near future. The brief period of slight diversification followed by a return to a homogeneous population suggests a community that may be resistant to demographic changes.
Economically, if the sharp increase in median income in 2022 is part of a sustainable trend rather than an anomaly, we might expect to see continued economic growth. This could potentially attract new residents, which might eventually lead to increased diversity. However, given the community's history, any such changes are likely to be gradual.
In conclusion, while Coaldale has shown some economic volatility over the past decade, its demographic composition has remained remarkably stable. The community appears to be on a trajectory of economic improvement while maintaining its homogeneous racial makeup. Unless there are significant external factors or policy changes, it's likely that Coaldale will continue to be categorized as a "Low Diversity" community with a strong white majority in the foreseeable future.
