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Demographic Analysis of Zip Code 55012: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 55012 in Center City, Minnesota, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 2,832 and a median income of $83,213, indicating a relatively affluent suburban or rural setting.
Center City has maintained its status as a "Low Diversity" community with a "White Majority" over the past decade. However, there are indications of a gradual transition towards slightly increased diversity. The percentage of white residents has decreased from 96% in 2013 to 88% in 2022. The Hispanic population increased from 1% in 2013 to 3% in 2022, while those identifying as Two or More Races grew from 1% to 6% in the same period. The Asian population showed a slight increase from 0% in 2013 to 1% in 2022.
The demographic shifts correlate with significant economic changes. The median income has risen from $70,262 in 2013 to $83,213 in 2022, representing an 18.4% increase. There was a notable spike in median income to $94,036 in 2021, followed by a decrease in 2022. The overall population has remained relatively stable, growing slightly from 2,829 in 2013 to 2,832 in 2022.
The gradual increase in diversity aligns with broader national trends of increasing racial and ethnic diversity in suburban and rural areas. The significant income growth in Center City likely outpaces national averages, indicating a community that is becoming increasingly prosperous relative to many other areas in the country. The stability in population, combined with rising incomes, suggests that Center City may be an attractive location for established families or professionals.
Center City remains a predominantly white, low-diversity community, but it shows signs of gradual diversification and significant economic growth. These trends suggest a slowly evolving community that is becoming more prosperous while incrementally increasing its racial and ethnic diversity. The challenge for the future may be to maintain this economic growth while fostering greater inclusivity and diversity, potentially transitioning towards a more moderately diverse community in the coming years.
