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Demographics
Population
Median Income
Racial Distributions
Old Forge, Pennsylvania, exhibits demographic evolution from 2013 to 2022. The community is classified as "Low Diversity" with a white population of 85% in 2022. This represents a change from previous years, indicating a shift towards increased diversity. The city's median income is $68,309 and the population is 8,506 as of 2022.
Old Forge has maintained a "Low Diversity" categorization from 2013 to 2022, with the white population exceeding 75%. However, a trend towards increasing diversity is evident. The white population decreased from 94% in 2013 to 85% in 2022. The Hispanic population increased from 1% in 2013 to 9% in 2022. The "Two or More Races" category emerged, growing from 0% to 4%. These changes suggest Old Forge is transitioning away from its historically low diversity status.
The demographic shifts correlate with economic changes. Median income increased from $56,483 in 2013 to $68,309 in 2022, a 21% rise. Population slightly increased from 8,297 in 2013 to 8,506 in 2022. The rise in median income alongside increasing diversity suggests that new residents may be contributing to economic growth. The Hispanic population growth coincides with this economic upturn, potentially indicating their positive economic impact on the community.
Old Forge's trends align with broader national patterns of increasing diversity in smaller communities. The growth in Hispanic population and multiracial individuals reflects similar trends seen across many parts of the United States, particularly in areas transitioning from historically low diversity.
Based on observed trends, Old Forge is likely to continue its trajectory towards greater diversity over the next decade. The community may transition from "Low Diversity" to "Moderate Diversity" within the next 5-10 years. The Hispanic population could potentially reach or exceed 15%. The "Two or More Races" category may continue to grow, possibly reaching 6-8%. The white population might decrease to around 75-80%, potentially shifting the community out of the "Low Diversity" category.
Economically, if the correlation between increasing diversity and rising median income continues, the borough may see further economic growth. This could attract more diverse residents, accelerating the transition.
Old Forge is at the cusp of significant demographic change. While still categorized as "Low Diversity," it shows signs of evolving into a more diverse community. This transition, coupled with positive economic indicators, suggests a period of change for the borough in the coming years.