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Demographics
Population
Median Income
Racial Distributions
Bally, Pennsylvania, is categorized as a "Low Diversity" community. As of 2022, the white population comprises 87% of the total. The city's current median income is $64,708, with a population of 1,121 residing in an area of 0.51 square miles.
Over the past decade, Bally has maintained its status as a "Low Diversity" community. The white population has decreased from 94% in 2013 to 87% in 2022. The Hispanic population has grown from 2% in 2013 to 7% in 2022. The "Two or More Races" category has increased from 3% in 2013 to 4% in 2022. These changes indicate a slow transition towards slightly more diversity, though not enough to shift the community out of the "Low Diversity" category.
The median income in Bally has fluctuated over the decade. It peaked in 2017 at $80,191. Since then, it has generally declined, reaching $64,708 in 2022. This downward trend in median income coincides with the slight increase in diversity, suggesting a potential correlation between demographic changes and economic shifts.
Population figures have also fluctuated, peaking at 1,390 in 2019 and then declining to 1,121 in 2022. This recent population decrease aligns with the declining median income, possibly indicating economic challenges in the area.
The gradual increase in diversity in Bally aligns with broader national trends of increasing diversity in many American communities. The declining median income since 2017 could be reflective of broader economic challenges faced by small towns in Pennsylvania or the United States as a whole.
Based on the observed trends, it is likely that Bally will continue to slowly diversify over the coming years. If current trends continue, we might see a further decrease in the white population, potentially dropping below 85% in the next 5-10 years. The Hispanic population may reach 10% within the next decade. Gradual increases in other minority populations, particularly in the "Two or More Races" category, may occur.
Economically, if the downward trend in median income persists, it could lead to further population decline as residents seek opportunities elsewhere. This could potentially accelerate demographic shifts if younger, more diverse populations are more likely to remain or move into the area due to potentially lower living costs.
While Bally is likely to remain in the "Low Diversity" category for the foreseeable future, it may be on a long-term trajectory towards becoming a "Transitional Community" if these gradual demographic shifts continue and potentially accelerate.