Loading Content...
Zip Code 44216 in 2022: Zip Code with the lowest population density in New Franklin, Ohio
CATEGORY
Top Regions
DATA
Population Density
Loading Content...
Top Regions
Population Density
Zip code 44216, located in New Franklin, Ohio, stands out as the area with the lowest population density in the city as of 2022. This distinction provides valuable insights into the demographic and urban development patterns of New Franklin. Understanding the factors contributing to this low population density can offer important perspectives on land use, housing trends, and community characteristics in this part of Ohio.
As of 2022, zip code 44216 recorded a population density of 363.20 people per square mile, marking it as the least densely populated area in New Franklin. This figure represents a slight decrease from the previous year's density of 368.85 people per square mile in 2021. The trend of fluctuating population density in this zip code over recent years provides an interesting backdrop for analyzing urban development and demographic shifts in the area.
Examining the historical data, we can observe that the population density in zip code 44216 has experienced notable variations over the past decade. In 2013, the population density stood at 370.36 people per square mile, reaching its peak within the given dataset at 383.72 people per square mile in 2015. Since then, there has been a general downward trend, with some fluctuations, leading to the current low density in 2022. This pattern suggests a gradual dispersion of the population or potential changes in land use within the zip code area.
To better understand the factors contributing to the low population density in zip code 44216, it's important to analyze related demographic and economic indicators. The population data shows a slight decline from 9,332 residents in 2021 to 9,189 in 2022, aligning with the decrease in population density. This suggests that the area may be experiencing some outmigration or slower population growth compared to land area expansion.
Interestingly, despite the low population density, the zip code has seen a significant increase in median income over the years. The median income rose from $73,525 in 2013 to $83,754 in 2022, with a notable peak of $94,755 in 2021. This trend might indicate that while the area is less densely populated, it has attracted higher-income residents, possibly due to larger lot sizes or more spacious housing options.
The housing market in zip code 44216 also provides insights into its low population density. The average home prices have shown a steady increase, rising from $125,695 in 2013 to $221,087 in 2022. This substantial appreciation in property values, coupled with the high rate of owner-occupied housing (92.67% in 2022), suggests a preference for single-family homes and larger properties, which naturally leads to lower population density.
Employment trends in the zip code have remained relatively stable, with the employment-to-population ratio hovering around 0.61 to 0.63 over the past decade. This stability in employment, combined with rising incomes and property values, indicates that the low population density is not necessarily a result of economic decline but rather a characteristic of the area's development pattern.
The racial composition of zip code 44216 has remained predominantly white, with 94.30% of the population identifying as white in 2022. This lack of significant demographic shifts suggests that the low population density is more likely a result of urban planning decisions and housing preferences rather than major changes in the community's composition.
In conclusion, zip code 44216 in New Franklin, Ohio, distinguishes itself with the lowest population density in the city as of 2022. This characteristic appears to be the result of a combination of factors, including a slight population decrease, rising property values, and a high rate of owner-occupied housing. The area's economic indicators, such as increasing median income and stable employment rates, suggest that the low density is not indicative of decline but rather a reflection of the community's development preferences. As New Franklin continues to evolve, the unique low-density character of zip code 44216 will likely play a significant role in shaping the city's urban landscape and community dynamics.
