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Demographics
Population
Median Income
Racial Distributions
The zip code 44280 in Valley City, Ohio, is classified as a "Low Diversity" community as of 2022. The area is predominantly white, with 96% of the population identifying as such. This classification has remained consistent over the past decade, indicating a stable racial composition. The current median income is $87,310, suggesting an affluent suburban community, though it has decreased significantly from the previous year.
Throughout the 2013-2022 period, Valley City has maintained its status as a "Low Diversity" community. The white population has remained above 90% during this time, with minimal representation from other racial groups. There has been a slight increase in diversity, with the percentage of residents identifying as two or more races growing from 0% in 2013 to 3% in 2022. However, this change is not significant enough to alter the community's overall diversity classification.
The median income in Valley City has shown notable fluctuations over the past decade. From 2013 to 2021, there was a general upward trend, with the median income rising from $84,958 to $112,189, representing an increase of about 32%. However, 2022 saw a significant drop to $87,310, which is closer to the 2013 levels. This recent decline could potentially impact the community's socioeconomic dynamics.
The population has shown steady growth, increasing from 5,420 in 2013 to 6,272 in 2022, a growth of about 15.7%. This population growth, combined with the generally rising median income until 2021, suggests an attractive and prosperous community. However, the sharp income decline in 2022 warrants attention and may indicate broader economic challenges.
The persistent "Low Diversity" classification of Valley City contrasts with many urban and suburban areas across the United States that have been experiencing increasing racial diversity over the past decade. The community's racial composition has remained relatively stable while many other areas have seen more significant demographic shifts.
The median income in Valley City, even after the 2022 decline, remains well above the national median household income (which was about $70,784 in 2021). This suggests that despite recent fluctuations, Valley City remains a relatively affluent area.
The population growth rate of 15.7% over a decade is robust, outpacing the overall U.S. population growth rate, which has been around 0.1% to 0.7% annually in recent years. This could indicate that Valley City is an attractive location for new residents, possibly due to factors such as job opportunities, quality of life, or housing availability.
In conclusion, Valley City has maintained its status as a "Low Diversity" community over the past decade. It has experienced significant economic fluctuations and steady population growth. The recent sharp decline in median income will be an important trend to monitor, as it could potentially impact the community's future development and demographics if it persists.