The population remained relatively stable, fluctuating between approximately 1,986 and 2,096 residents over the decade. This stability, combined with gradual income growth, suggests a consistent community with slowly improving economic conditions.

The low diversity of Freeport is typical for rural areas in the Midwest, which often have predominantly white populations. The median income growth has generally outpaced inflation for most of the decade, indicating real economic improvement for residents. The stable population suggests that the community is not experiencing significant out-migration, which is positive given that many rural areas across the U.S. have been losing population. The slight increases in Hispanic, Asian, and multiracial populations, while small, align with broader national trends of increasing diversity, albeit at a much slower pace in this community.

Freeport presents a picture of a stable, predominantly white rural community with gradual economic improvement. While it remains categorized as Low Diversity, there are minor indications of very slow diversification. The community's economic growth, coupled with population stability, suggests a resilient local economy that has managed to retain its residents while slowly improving their financial situations.