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Demographics
Population
Median Income
Racial Distributions
Zip code 50642 in Holland, Iowa, exhibits low diversity as of 2022. The population is 97% white, with a median income of $66,765 and a total population of 343. This area has maintained low diversity status from 2013 to 2022, with the white population consistently above 95%. In 2022, a minor increase in diversity occurred, with 1% Asian and 1% Black population recorded for the first time in the available data.
The median income in Holland has fluctuated over the decade. It showed an upward trend from 2013 to 2018, peaking at $75,115 in 2018, followed by a decline to $66,765 in 2022. This decline coincides with the slight increase in racial diversity, though the relationship between these factors is unclear due to the small population size and minimal demographic changes.
Population figures have remained relatively stable, ranging between 337 and 387 residents over the decade. The slight population decline from the early 2010s to 2022 does not appear to have significantly impacted the racial composition or economic status of the community.
Holland's demographic composition contrasts with national trends of increasing diversity, particularly in urban and suburban areas. The community's homogeneous racial composition is typical of small, rural Midwestern communities, which often experience slower demographic changes compared to urban areas.
The median income in Holland ($66,765 in 2022) is above the national median household income (approximately $70,784 in 2021). However, the recent declining trend in median income could be a concern if it persists, especially considering broader economic challenges faced nationwide.
In conclusion, Holland has maintained its status as a low-diversity community with a strong white majority over the past decade. The slight increase in diversity observed in 2022 may indicate the beginning of a gradual shift. Economic trends, particularly the recent decline in median income, will be important to monitor in future years to understand their potential impact on the community's demographic composition and overall well-being.