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Demographics
Population
Median Income
Racial Distributions
St. Louis Park, Minnesota, is classified as a "Low Diversity" community with a "White Majority". In 2022, the white population constituted 78% of the city's 49,500 residents. The median income in 2022 was $96,966, indicating an affluent community.
Over the past decade, St. Louis Park has maintained its "Low Diversity" status with a "White Majority". However, subtle signs of increasing diversity are evident. The white population decreased from 81% in 2013 to 78% in 2022. Asian, Hispanic, and "Two or More Races" populations each increased from 3% to 5% during this period. These changes suggest a slow transition towards greater diversity, with early indications of potentially becoming a "Transitional Community".
The demographic shifts correlate with a significant increase in median income. The median income rose from $81,215 in 2013 to $96,966 in 2022, a 19.4% increase. This economic growth coincides with the gradual diversification of the population. The total population grew from 45,921 in 2013 to 49,500 in 2022, a 7.8% increase. These trends suggest that the increasing diversity may be partly driven by economic opportunities attracting a more diverse workforce to the area.
The trends in St. Louis Park align with broader national patterns of increasing diversity in suburban areas. The city's economic growth outpaces national averages, potentially making it an attractive destination for a diverse range of professionals and families.
Based on the observed trends, St. Louis Park is likely to continue its gradual transition towards greater diversity over the next decade. While it may not reach the threshold for "Moderate Diversity" in the immediate future, it is likely to further solidify its status as a "Transitional Community".
The most probable scenario includes a continued decrease in the white population, potentially dropping below 75% within the next 5-10 years. Continued growth in Asian, Hispanic, and multiracial populations is expected. Sustained economic growth is likely, with median incomes potentially surpassing $100,000. A steady population increase may result in the city reaching or exceeding 52,000 residents by 2030.
These changes may lead to a more diverse local economy, changes in local politics and community services to better serve a more diverse population, and potentially increased cultural richness in the community. The city will need to manage this transition to ensure inclusive growth and maintain community cohesion.