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Demographics
Population
Median Income
Racial Distributions
The zip code 43342 in Prospect, Ohio, exhibits characteristics of a Low Diversity community with a White Majority. As of 2022, 97% of the population identifies as white, while other racial groups have minimal representation. The median income for 2022 was $72,176, showing an increase from previous years.
Throughout the past decade, Prospect has consistently maintained its status as a Low Diversity community with a White Majority. The percentage of white residents has remained stable, ranging from 96% to 97% between 2013 and 2022. This stability suggests a lack of significant demographic change in terms of racial composition.
The Hispanic population showed a slight increase from 0% in 2013-2014 to 1% in 2015-2021, before decreasing back to 0% in 2022. The percentage of individuals identifying as two or more races increased from 0% in 2015-2016 to 2% in 2019-2022. These minor fluctuations do not significantly alter the overall demographic landscape.
The median income in Prospect has shown fluctuations over the past decade. It decreased from $66,639 in 2013 to $57,440 in 2016, then showed a general upward trend, reaching $80,386 in 2021, before decreasing to $72,176 in 2022. These economic shifts do not appear to correlate strongly with the minimal demographic changes observed.
Population figures have remained relatively stable, fluctuating between about 3,200 and 3,700 residents throughout the decade. This stability in population, coupled with the consistent racial composition, reinforces the characterization of Prospect as a stable, low-diversity community.
Prospect's demographic stability contrasts with national trends towards increasing diversity in many areas of the United States. The community's persistent low diversity and white majority status suggest it may be somewhat insulated from broader demographic shifts occurring in more urban or rapidly changing areas.
The income fluctuations might reflect broader economic trends such as recovery from the 2008 financial crisis and the economic impacts of the COVID-19 pandemic. However, without more specific regional or national data, it is challenging to draw definitive comparisons.
Prospect, Ohio (zip code 43342) presents a picture of demographic stability characterized by low diversity and a strong white majority, even as it experiences notable economic fluctuations. This suggests a community that, while economically dynamic, has maintained a consistent racial composition over the past decade, potentially indicating strong local cultural continuity or limited external factors driving demographic change.