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Demographic Analysis of Butte-Silver Bow, Montana: A Study of Racial Composition from 2013 to 2022
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CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Butte-Silver Bow, Montana, is categorized as a Low Diversity community with a White Majority. As of 2022, the white population comprises 90% of the total, with a median income of $51,547. The demographic composition has remained relatively stable over the past decade, although minor changes in minority populations and economic indicators have occurred.
Over the past decade, Butte-Silver Bow has maintained its status as a Low Diversity community with a White Majority. There are indications of a gradual increase in diversity. The Hispanic population grew from 3% in 2013 to 5% in 2022. The multiracial population increased from 1% in 2013 to 3% in 2022. The white population decreased slightly from 92% in 2013 to 90% in 2022. These changes, while modest, suggest a slow trend towards increased diversity, potentially moving the community towards a Transitional Community status in the future.
The median income in Butte-Silver Bow has shown overall growth, increasing from $44,259 in 2013 to $51,547 in 2022, a rise of approximately 16.5%. This economic improvement correlates with the slight increase in diversity. The growing Hispanic population may be contributing to economic growth. Increased diversity might be attracting new businesses or investments. Economic opportunities could be drawing a more diverse population to the area. A slight decrease in median income from 2021 to 2022 was observed, which may require monitoring for potential economic challenges.
Butte-Silver Bow's demographic trends align with broader national patterns of increasing diversity in many communities. However, the pace of change is slower than in many urban areas across the United States, which have experienced more rapid shifts towards Moderate or High Diversity status.
Based on the observed trends, Butte-Silver Bow is likely to continue its gradual transition towards increased diversity over the next decade. It will likely maintain its White Majority status for the foreseeable future. A potential shift from Low Diversity to Moderate Diversity status may occur within the next 10-15 years if current trends continue. The Hispanic population may reach or exceed 10% within the next decade, potentially establishing a significant minority presence. The multiracial category is likely to continue growing, possibly reaching 5% or more in the coming years.
Economically, if the correlation between increased diversity and economic growth continues, further increases in median income might be expected. However, the recent decrease suggests that economic growth may not be linear and could face challenges.
In conclusion, Butte-Silver Bow remains a predominantly white community with low diversity. Subtle demographic shifts and economic changes suggest a slow but steady evolution towards a more diverse and potentially economically robust future. Monitoring these trends will be crucial for local policymakers and community leaders to ensure inclusive growth and address any challenges that may arise from these demographic and economic shifts.
