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Demographics
Population
Median Income
Racial Distributions
Stevens Point, Wisconsin, is classified as a "Low Diversity" community. As of 2022, the city's population of 33,856 is 88% white, with a median income of $57,037. This classification reflects a racial composition where one group comprises over 75% of the population, with minimal representation from other groups.
Over the past decade, Stevens Point has maintained its status as a "Low Diversity" community. However, there are subtle shifts indicating a slow trend towards increased diversity. The white population has decreased from 91% in 2013 to 88% in 2022. The Asian population has increased from 3% to 4%. The Hispanic population has grown from 2% to 3%. The percentage of individuals identifying as two or more races has risen from 1% to 3%.
The median income in Stevens Point has shown an overall upward trend, rising from $48,618 in 2013 to $57,037 in 2022, an increase of about 17.3%. This growth in median income correlates with the slight increase in diversity. The population has remained relatively stable over the decade, with a slight decrease from 34,586 in 2013 to 33,856 in 2022.
Many small to mid-sized Midwestern cities have experienced similar trends of slow diversification and moderate economic growth. The stability of Stevens Point's population amid increasing incomes could indicate a relatively healthy local economy.
Stevens Point is likely to continue its gradual shift towards increased diversity over the coming years. While it may remain in the "Low Diversity" category in the near term, there's potential for it to transition into a "Moderate Diversity" classification if current trends accelerate. This could happen if the white population continues to decrease, potentially falling below 75%, and if Asian, Hispanic, and multiracial populations continue to grow, potentially reaching or exceeding 5-10% each.
Economically, if the upward trend in median income continues, it could further attract a more diverse population, potentially accelerating the demographic shift. However, the city will need to address the slight population decline to ensure continued growth and vitality.
In conclusion, while Stevens Point remains a predominantly white, low-diversity community, subtle shifts in demographics and steady economic growth suggest a slow but consistent move towards increased diversity. This gradual change could have implications for local policies, community services, and cultural dynamics in the coming years.