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Demographics
Population
Median Income
Racial Distributions
Springfield, Colorado, is categorized as a "Low Diversity" community as of 2022. The town's population is predominantly white, comprising 80% of residents. The Hispanic population represents 14% of the total. The median income in Springfield is $33,053, which is below the national average.
Over the past decade, Springfield has maintained its "Low Diversity" classification. The white population has decreased from 88% in 2013 to 80% in 2022. Concurrently, the Hispanic population has increased from 8% in 2013 to 14% in 2022. Black and Native American populations have maintained a small but consistent presence. Asian representation has emerged in recent years, reaching 3% by 2022. These changes indicate a gradual trend towards increased diversity.
The median income in Springfield has shown fluctuations and a slight overall decline. It reached its peak at $35,218 in 2013 and its lowest point at $32,762 in 2017. A brief increase to $37,757 occurred in 2021 before dropping to $33,053 in 2022. This economic instability coincides with the gradual diversification of the population.
The trends in Springfield reflect broader national patterns of increasing diversity in small towns, particularly growth in Hispanic populations. However, the town's persistent low diversity and declining median income suggest it may be lagging behind national trends of economic growth and rapid diversification seen in many urban and suburban areas.
Based on observed trends, Springfield is likely to continue its slow diversification process. The Hispanic population is expected to grow further, potentially reaching or exceeding 20% in the next 5-10 years. The Asian population may also continue to increase, albeit at a slower rate. Economically, unless there are significant changes in local industries or policies, the town may continue to struggle with low and fluctuating median incomes.
Springfield may transition from a "Low Diversity" category to a "Moderate Diversity" category within the next decade. This would be characterized by a white population dropping below 75% and the Hispanic population growing to over 20%, with other minority groups maintaining or slightly increasing their representation. This demographic evolution could necessitate changes in local services, education, and economic development strategies to accommodate a more diverse population and improve economic conditions for all residents.