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Demographics
Population
Median Income
Racial Distributions
The zip code 47577 in St. Meinrad, Indiana, is classified as a "Low Diversity" community as of 2022. The population is 95% white, with minimal representation from other racial groups. The median income for 2022 was $71,297, showing a slight decrease from the previous year but maintaining a relatively high level compared to the early 2010s.
St. Meinrad has consistently been categorized as "Low Diversity" throughout the past decade. The white population has remained dominant, never falling below 94% of the total population. Minor shifts include fluctuations in the Asian population (0% to 3%), a consistent Hispanic presence of about 1% since 2019, and the recent emergence of a small "Two or More Races" category (1%). Despite these minor changes, the community has maintained its "Low Diversity" status throughout the observed period.
The median income in St. Meinrad has shown a generally positive trend over the past decade. From 2013 to 2019, there was a consistent increase in median income, rising from $58,931 to $77,786, representing a 32% growth over six years. The year 2020 saw a drop to $71,875, possibly due to the economic impacts of the COVID-19 pandemic. Since then, the median income has remained relatively stable, fluctuating between $71,000 and $72,000.
This economic growth does not appear to have significantly influenced the racial demographics of the area, as the community has remained predominantly white throughout this period of economic change. Population trends show some fluctuation, with a peak of 849 residents in 2012 and a low of 681 in 2021. The most recent data for 2022 shows a population of 761, indicating a recent uptick. These population changes do not seem to correlate strongly with either income trends or racial composition shifts.
St. Meinrad's demographic composition is not typical of the increasing diversity seen in many parts of the United States. Many areas across the country have been experiencing a trend towards greater racial diversity, particularly in urban and suburban areas. In contrast, St. Meinrad appears to be maintaining its historically homogeneous racial composition. The economic trends in St. Meinrad, particularly the growth in median income from 2013 to 2019, align with the broader national trend of economic recovery and growth following the 2008 financial crisis. The subsequent plateau and slight decline in income since 2020 also mirror national economic challenges related to the COVID-19 pandemic.
While St. Meinrad has experienced notable economic changes over the past decade, these shifts have not significantly altered its racial composition. The area remains a "Low Diversity" community with a strong white majority, showing only minimal signs of increased racial diversity. This stability in racial demographics, despite economic fluctuations, suggests deeply rooted community characteristics that may be influenced by factors such as geographic location, local industry, or historical settlement patterns.