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Demographics
Population
Median Income
Racial Distributions
The zip code 54739 in Elk Mound, Wisconsin, is classified as having "Low Diversity" as of 2022. The population is 93% white, with a median income of $77,871. This income level suggests a relatively affluent community compared to national averages.
Over the past decade, Elk Mound has maintained its "Low Diversity" status. The white population has consistently remained above 90%. Minor changes in diversity include the Asian population increasing from 3% in 2013 to 5% in 2017, then decreasing to 2% in 2022. The Hispanic population grew from 2% in 2013 to 5% in 2019, stabilizing at 3% in recent years. The population identifying as Two or More Races increased from 1% in 2013 to 2% in recent years.
The median income in Elk Mound has grown from $62,641 in 2013 to $77,871 in 2022, representing a 24.3% increase over nine years. This growth outpaces inflation, indicating robust economic expansion in the community. The population has also increased moderately, from 5,069 in 2013 to 5,423 in 2022, a growth of approximately 7%.
The economic growth in Elk Mound has occurred alongside subtle increases in diversity, particularly in the Asian and Hispanic populations. This suggests that the area's economic opportunities may be attracting a slightly more diverse population, albeit in small numbers.
The demographics of Elk Mound do not reflect the increasing diversity trends observed in many parts of the United States over the past decade. The economic growth in the area is notable and may be outpacing national averages, potentially making it an attractive area for new residents. The persistence of low diversity in this community, despite economic growth, suggests that factors beyond economics may be influencing demographic patterns.
Elk Mound has experienced significant economic growth over the past decade, while its racial demographics have remained largely stable, with only minor increases in diversity. This indicates a community that is prospering economically while maintaining its traditional demographic composition. The subtle increases in minority populations, though small, may suggest the beginning of a very gradual transition towards slightly greater diversity in the future, particularly if economic growth continues to attract new residents.