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Demographics
Population
Median Income
Racial Distributions
Menomonee Falls, Wisconsin, is categorized as a "Low Diversity" community. As of 2022, the white population constitutes 83% of the total, which exceeds the 75% threshold for this category. The city has experienced population growth over the past decade, reaching 39,235 residents in 2022, and has maintained a high median income of $90,717 in the same year.
Over the past decade, Menomonee Falls has shown a gradual trend towards increased diversity, though it remains within the "Low Diversity" category. The white population has decreased from 88% in 2013 to 83% in 2022. This shift is accompanied by increases in other racial groups, particularly Asian, Black, and Hispanic populations.
The community is showing signs of potentially transitioning towards a "Moderate Diversity" category in the future, as the combined percentage of non-white residents has grown from 12% to 17% over the decade. This transition is occurring at a slow pace.
The median income in Menomonee Falls has shown a positive trend, increasing from $80,029 in 2013 to $90,717 in 2022. This represents a growth of about 13.4% over the decade, outpacing inflation for much of this period. The rising income levels correlate with the gradual increase in diversity, suggesting that the community has been attracting a more diverse, affluent population.
The population growth from 36,208 in 2013 to 39,235 in 2022 (an 8.4% increase) indicates that the city is becoming an increasingly desirable place to live, potentially drawing in new residents from various backgrounds.
The trends in Menomonee Falls align with patterns seen in many suburban communities across the United States. Many suburbs have been experiencing gradual increases in diversity and income levels, often outpacing national averages in terms of economic growth.
Based on the observed trends, it is likely that Menomonee Falls will continue its trajectory towards greater diversity, albeit at a slow pace. If current trends persist, the community may transition from "Low Diversity" to "Moderate Diversity" within the next 10-15 years, as the white population continues to decrease and other racial groups grow.
The median income is likely to continue rising, potentially reaching or exceeding $100,000 within the next 5 years if the current growth rate is maintained. The population will likely continue to grow steadily, potentially approaching or surpassing 42,000 by 2030.
The community may begin to show characteristics of a "Transitional Community" if the growth rates of Hispanic and multiracial populations accelerate, which could lead to more rapid diversification.
Menomonee Falls remains a predominantly white, affluent suburb, but it is slowly evolving towards greater diversity. This gradual change, coupled with strong economic indicators, suggests a stable transition that is likely to continue shaping the community's demographic and economic landscape in the coming years.