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Demographics
Population
Median Income
Racial Distributions
Niagara, Wisconsin, is classified as a "Low Diversity" area based on demographic data. As of 2022, the white population comprises 96% of the total, exceeding the 75% threshold for this classification. The city's median income is $56,433, with a population of 2,144 in 2022.
Over the past decade, Niagara has maintained its "Low Diversity" status. The white population has remained dominant, ranging from 96-98% throughout the period. However, subtle signs of increasing diversity are present. The percentage of residents identifying as two or more races increased from 1% in 2013 to 2% in 2022. The Hispanic population has remained stable at around 1-2% throughout the decade. The Black population, previously not measurable, registered at 1% in 2022.
The median income in Niagara has shown steady growth, increasing from $40,478 in 2013 to $56,433 in 2022, representing a 39.4% increase over nine years. This growth outpaces inflation for the same period, suggesting real economic improvement for residents. The population has remained relatively stable, fluctuating between 2,033 and 2,208 over the decade, with a slight overall decline from 2,123 in 2010 to 2,144 in 2022.
Niagara's demographic composition differs significantly from national averages. The U.S. as a whole is becoming more diverse, with the non-Hispanic white population decreasing to about 60% as of the 2020 census. Niagara's 96% white population in 2022 indicates it is considerably less diverse than the national average. The city's income growth aligns with broader national trends of economic recovery and growth following the 2008 financial crisis.
Based on observed trends, Niagara is likely to remain in the "Low Diversity" category for the foreseeable future. However, the subtle increases in diversity, particularly in the two or more races and Black population categories, suggest a very slow transition towards greater diversity. If these trends continue or accelerate, Niagara might eventually transition into a "Transitional Community" category, especially if the growth in multi-racial and minority populations continues alongside economic development.
Economically, if the trend of income growth continues, Niagara may see further improvements in median income, potentially attracting new residents and businesses. This economic growth could potentially accelerate demographic changes by attracting a more diverse population seeking economic opportunities. However, given the city's small size and relatively stable population over the past decade, any major shifts in demographics or economic status are likely to be gradual unless significant external factors come into play.