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Demographic Analysis of Zip Code 55008: Predominant White Population with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 55008 in Cambridge, Minnesota, is classified as a "Low Diversity" community with a "Racial Majority" as of 2022. The area is predominantly white, with 92% of the population identifying as such. The current median income is $71,062, which is slightly above the national median.
Over the past decade, Cambridge has maintained its status as a "Low Diversity" community with a strong "White Majority." The white population percentage has decreased slightly from 95% in 2013 to 92% in 2022. The Asian population has increased from 0% in 2013 to 3% in 2022. Hispanic and Black populations have seen small increases, from 1% to 2% for Hispanics and from 0% to 1% for Black residents between 2013 and 2022.
The median income in Cambridge has grown from $57,547 in 2013 to $71,062 in 2022, an increase of about 23.5% over nine years. The peak median income was in 2021 at $76,272, with a slight decline in 2022. Population has increased from 15,389 in 2013 to 16,474 in 2022, a growth of about 7%.
Cambridge remains less diverse than many urban areas in Minnesota and across the United States. The gradual increase in minority populations, particularly Asian residents, may reflect broader trends of suburban diversification seen in many parts of the country. The income growth in Cambridge outpaces the national average over a similar period, indicating a relatively strong local economy.
Cambridge remains a "Low Diversity" community with a strong "White Majority," but there are early indications of a transition towards greater diversity. This shift, coupled with strong economic growth, suggests a community that is gradually evolving while maintaining economic stability. The coming years will be crucial in determining whether these trends accelerate, potentially moving the community towards "Moderate Diversity" or maintaining its current demographic composition.
