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Demographic Analysis of Newport, Minnesota (55055): Transition from Low to Moderate Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 55055 in Newport, Minnesota, is classified as a White Majority community with moderate diversity as of 2022. The white population constitutes 70% of the total, with Asian (11%) and Hispanic (10%) populations representing significant minority groups. The current median income is $62,219, and the population has reached 4,038 residents.
Over the past decade, Newport has transitioned from a Low Diversity to a Moderate Diversity community. In 2013, the area was characterized by a strong White Majority (83%). By 2022, while still maintaining a White Majority, the community experienced significant changes: the white population decreased to 70%, the Asian population increased to 11%, and the Hispanic population grew to 10%. The Black population remained relatively stable between 4-10% over the years.
The increase in diversity has coincided with fluctuations in median income. From 2013 to 2017, median income rose from $62,119 to $71,163. However, from 2017 to 2022, there was a gradual decline in median income, dropping to $62,219 by 2022. Population growth has been steady throughout this period, increasing from 3,381 in 2013 to 4,038 in 2022, representing a growth of over 19% in a decade.
The trend towards increasing diversity in Newport aligns with broader national trends of growing multiculturalism in many American communities. The economic fluctuations, particularly the decline in median income since 2017, might reflect broader economic challenges faced by many small to mid-sized American cities in recent years. The significant population growth of 19% over a decade is higher than the national average, which typically hovers around 7-8% per decade.
Newport (zip code 55055) has undergone a notable demographic transition over the past decade, evolving from a predominantly white community to one with moderate diversity. This shift has been accompanied by population growth and economic fluctuations, presenting both opportunities and challenges for the community as it continues to evolve.
