The median income has fluctuated over the years but shows a general trend of stability. In 2013, it was $67,842. It peaked at $73,834 in 2018, and then decreased to $66,578 in 2022. Despite these fluctuations, the overall economic status of the area has remained relatively stable. The slight decrease in median income from 2013 to 2022 (about 1.9%) is not substantial enough to indicate a significant economic shift.

Population trends show a decline from 9,499 in 2013 to 8,848 in 2022, representing a decrease of about 6.9%. This population decrease, coupled with the stable income levels, might suggest that the area is experiencing some out-migration, possibly of younger or working-age residents.

The growth in the Hispanic population aligns with broader national trends of increasing Hispanic representation across many U.S. communities. However, the overall pace of diversification appears slower than in many urban and suburban areas nationwide. The relatively stable median income suggests that the area has maintained its economic standing. This stability could be seen as positive in the context of economic challenges faced by many rural and small-town communities across the U.S. in recent years.

The slight population decrease might be part of a broader trend of population shifts from rural to urban areas or from Northeastern states to Southern and Western states, which has been observed nationally. While Effort remains predominantly white with low diversity, subtle demographic shifts are occurring. These changes, particularly the growth in the Hispanic population, suggest a slow transition towards greater diversity. Economically, the area has maintained relative stability, which could be seen as a strength in the face of challenges often faced by similar communities. Monitoring these trends in the coming years will be crucial to understand if the area will continue its gradual transition or if these changes will accelerate, potentially reshaping the community's demographic and economic landscape.