The economic shift correlates with subtle demographic changes. The introduction of a small Asian population and an increase in multiracial residents coincides with the period of rapid income growth. This may suggest that the economic growth is attracting a slightly more diverse population, albeit on a very small scale.

Population trends have been variable, with peaks and troughs throughout the decade. The population reached its highest point of 1,357 in 2015 but has since declined to 1,041 in 2022. This fluctuation does not appear to directly correlate with income changes, suggesting other factors may be influencing population dynamics.

Cheshire's demographic makeup differs from the national average. The United States has been moving towards greater racial diversity, with the white population decreasing to about 60% as of the 2020 census. In contrast, Cheshire remains overwhelmingly white, suggesting it may be somewhat isolated from broader national demographic trends.

The increase in median income since 2020 is noteworthy. This could be due to factors such as new industry moving into the area, changes in local employment opportunities, or an influx of higher-income residents.

Cheshire remains a "Low Diversity" community, but subtle demographic shifts and significant economic changes over the past decade suggest the potential for future transitions. The community's increase in median income in recent years, coupled with the emergence of a small but growing diverse population, may indicate the early stages of a broader socioeconomic transformation.