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Demographics
Population
Median Income
Racial Distributions
Stow, Ohio, as of 2022, is classified as a "Low Diversity" community with a "White Majority". The city's population of 34,456 is 88% white, with a median household income of $81,447. This income level positions Stow as relatively affluent compared to many other U.S. cities.
Over the past decade, Stow has maintained its status as a "Low Diversity" community with a strong "White Majority". However, there are subtle indications of increasing diversity. The white population has decreased from 93% in 2013 to 88% in 2022. The Black population has increased slightly from 2% to 3%. The Asian population has grown from 1% to 3%. The proportion of individuals identifying as two or more races has increased from 1% to 4%. These changes, while gradual, suggest a slow transition towards greater diversity, though not sufficient to reclassify the city from the "Low Diversity" category.
The median household income in Stow has demonstrated an overall upward trend. It increased from $75,275 in 2013 to $89,580 in 2021, a significant rise of 19%. There was a slight decrease to $81,447 in 2022, but this still represents an 8.2% increase over the 2013 figure. This economic growth has occurred alongside the subtle increases in diversity, suggesting that the city's economic prosperity may be attracting a more diverse population.
Stow's demographic composition differs significantly from national averages. As of 2022, the U.S. Census Bureau estimated that the white population in the United States was about 59.3%, much lower than Stow's 88%. This indicates that Stow is considerably less diverse than the nation as a whole. The median household income in Stow ($81,447 in 2022) is also higher than the national median, which was approximately $70,784 in 2021. This suggests that Stow is more affluent than the average American city.
Based on the observed trends, it is likely that Stow will continue to slowly diversify over the coming years. While it may remain in the "Low Diversity" category in the near term, it could potentially transition into a "Moderate Diversity" community if current trends accelerate. This would be characterized by a continued decrease in the white population, potentially dropping below 75%; further increases in Asian, Black, and multiracial populations; and possible growth in the Hispanic population, which has remained stable at 1% over the past decade.
Economically, if the upward trend in median income continues, Stow may attract more diverse, affluent professionals, potentially accelerating the diversification process. However, this could also lead to gentrification concerns if not managed carefully.
In conclusion, while Stow remains a predominantly white, affluent suburb, subtle shifts towards greater diversity are evident. The coming years may see a gradual transition towards a more diverse community, potentially aligning more closely with national demographic trends while maintaining its economic prosperity.