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Racial Composition and Economic Trends in Zip Code 45628: A Predominantly White Community
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 45628 in Frankfort, Ohio, is categorized as an area of "Low Diversity" as of 2022. The population is 96% white. The current median income is $62,003, which has decreased slightly from the previous year but increased overall in the past decade.
Over the past decade, this zip code has maintained its status as a "Low Diversity" area. The white population has remained above 90% throughout this period, with minor fluctuations. There have been slight increases in minority populations, particularly in the Black and Hispanic communities, but these changes have not significantly altered the overall demographic categorization.
The most notable shift occurred between 2013 and 2018, where the Black population increased from 1% to 4%. This trend reversed in recent years, returning to 1% by 2022. The Hispanic population has remained consistently low, never exceeding 1% of the total population.
The median income in this zip code has shown a general upward trend over the past decade, rising from $57,080 in 2013 to $62,003 in 2022. This represents an increase of about 8.6% over nine years. There have been fluctuations within this period.
The most significant economic change occurred between 2020 and 2021, where the median income increased from $62,177 to $71,621, a 15.2% increase. This was followed by a decrease to $62,003 in 2022, nearly reverting to the 2020 level.
The economic fluctuations do not appear to have had a significant impact on the racial demographics of the area. The community has maintained its low diversity status despite these income changes.
This zip code's demographic makeup is not reflective of broader national trends towards increasing diversity. The stability of this zip code's racial composition suggests it may be somewhat isolated from these broader demographic shifts.
The economic trends, particularly the significant increase in median income from 2020 to 2021 followed by a decrease in 2022, may reflect broader economic patterns related to the COVID-19 pandemic and its aftermath.
In conclusion, while this zip code has experienced some economic fluctuations over the past decade, its racial demographics have remained stable. It continues to be characterized as an area of low diversity, predominantly white, with a median income that has shown overall growth despite recent volatility.
