Loading Content...
Demographic Analysis of Zip Code 55016: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 55016 in Cottage Grove, Minnesota, is classified as a "White Majority" community with "Moderate Diversity" as of 2022. The area has a predominantly white population (78%) with notable representation from Asian (6%) and Black (6%) communities. The median income of $109,322 in 2022 indicates an affluent suburb.
Over the past decade, Cottage Grove has maintained its "White Majority" status while transitioning towards increased diversity. In 2013, the area had "Low Diversity" with 83% white population, which decreased to 78% by 2022. Other racial groups grew during this period, indicating a shift towards "Moderate Diversity." Notable changes include an increase in Black population from 2% to 6%, growth in Asian population from 5% to 6%, and a rise in Hispanic population from 3% to 5%.
The demographic shifts correlate with a steady increase in median income, rising from $94,552 in 2013 to $109,322 in 2022, representing a 15.6% increase over nine years. The population has also grown significantly, from 34,483 in 2013 to 38,130 in 2022, a 10.6% increase. The parallel growth in diversity and median income suggests that the area is attracting affluent minorities.
Cottage Grove's demographic trends align with broader national patterns of increasing diversity in suburban areas. The significant income growth and population increase suggest that Cottage Grove is outperforming many similar communities nationwide in terms of economic vitality. The transition from "Low Diversity" to "Moderate Diversity" while maintaining a "White Majority" is common in many suburban areas across the United States, particularly those near major metropolitan areas.
The steady increase in median income, coupled with growing diversity, indicates that Cottage Grove is likely an economically robust area that is successfully integrating new residents from various backgrounds. These trends point to a future where Cottage Grove may continue to evolve towards greater racial and ethnic diversity while maintaining its economic strength.
Cottage Grove (zip code 55016) exemplifies a suburban community in transition. While still predominantly white, it is steadily becoming more diverse, with economic indicators suggesting that this diversity is accompanied by overall community prosperity.
