The median income in Bell Buckle has shown an overall upward trend, increasing from $61,899 in 2013 to $70,499 in 2022, representing a growth of about 13.9% over the decade. This trend correlates with the subtle increases in diversity. The median income peaked at $74,885 in 2021, coinciding with the highest percentage of Hispanic residents (4%) and a relatively high percentage of residents identifying as two or more races (4%). The slight dip in median income to $70,499 in 2022 occurred as the racial composition reverted closer to its historical norm.

The population has grown from 5,000 in 2013 to 5,729 in 2022, an increase of about 14.6%. This population growth, coupled with the income increase, suggests a generally positive economic trajectory for the area.

Bell Buckle's racial composition is significantly less diverse than the national average. As of 2022, the U.S. Census Bureau reported that the white alone, not Hispanic or Latino population was about 59.3% nationally, compared to 88% in Bell Buckle. The median household income in the United States was $69,021 in 2022, slightly lower than Bell Buckle's $70,499. This suggests that despite its lack of diversity, the town is performing slightly above the national average economically. The subtle increases in diversity, particularly in the Hispanic and multiracial categories, align with national trends of increasing diversity, albeit at a much slower pace in Bell Buckle.

While Bell Buckle remains a Low Diversity community with a strong white majority, there are small but noticeable signs of increasing diversity. These demographic shifts appear to be occurring alongside generally positive economic trends, as evidenced by rising median incomes and population growth. However, the community's racial composition remains significantly less diverse than national averages, suggesting that Bell Buckle is in the early stages of a potential long-term transition towards greater diversity.