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Demographics
Population
Median Income
Racial Distributions
Hamilton, Montana, is a predominantly White Majority community with Low Diversity. As of 2022, the white population constitutes 93% of the city's 8,514 residents. The median income is $45,765. The city covers 2.54 square miles and has experienced subtle demographic and economic shifts over the past decade.
From 2013 to 2022, Hamilton maintained its status as a White Majority community with Low Diversity. The white population percentage remained above 87%, increasing slightly from 92% in 2013 to 93% in 2022. The Hispanic population fluctuated, rising from 3% in 2013 to 6% in 2018-2019, then declining to 4% in 2022. The Two or More Races category emerged in 2014 at 3% and stabilized at 2%. Other racial groups maintained minimal representation, typically at or below 1%.
The median income in Hamilton showed a positive trend, increasing from $32,465 in 2013 to $45,765 in 2022, a 41% increase. A significant increase occurred between 2019 ($40,573) and 2021 ($52,274), followed by a slight decrease in 2022. The population grew moderately, from 7,321 in 2013 to 8,514 in 2022, an increase of about 16%.
Hamilton's demographic stability contrasts with national trends towards increasing diversity in many urban areas. The income growth aligns with broader economic recovery and growth patterns seen in many parts of the United States over the past decade.
Based on observed trends, Hamilton is likely to maintain its status as a White Majority, Low Diversity community in the near future. The slow but steady increase in Hispanic and multiracial populations suggests a potential long-term trajectory towards slightly increased diversity.
Economically, if the upward trend in median income continues, the city may see further economic growth. This could potentially attract more diverse populations seeking economic opportunities, which might gradually push the community towards a Transitional Community status over the next decade or two.
In conclusion, Hamilton remains a stable, predominantly white community with improving economic indicators. Subtle demographic shifts hint at the potential for very gradual diversification in the long term. The city's economic growth may be a key factor in determining the pace and extent of any future demographic changes.