Loading Content...
Demographic Analysis of Zip Code 55073: Predominantly White Population and Income Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 55073 in Scandia, Minnesota, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The community demonstrates a high median income of $102,997 in 2022, which is above the national average. This indicates an affluent, predominantly white suburban or rural community.
Over the past decade, Scandia has maintained its "Low Diversity" status with a "White Majority". The white population has consistently represented over 95% of the total population, with minimal fluctuations. There have been no significant transitions between diversity categories, indicating a stable racial composition.
There are subtle indications of increasing diversity, albeit at a very slow pace. The Hispanic population has shown a slight presence, ranging from 1% to 4% over the years. In recent years (2020-2022), there has been a small emergence of Asian, Native American, and multi-racial residents, each representing about 1% of the population. These changes are minimal and do not yet qualify the area for a "Transitional Community" status.
The median income in Scandia has shown an upward trend over the decade. From 2013 to 2022, the median income increased from $86,476 to $102,997, a growth of about 19%. The highest median income was recorded in 2021 at $108,732. This consistent increase in median income correlates with the stable, predominantly white demographic.
Population trends have been relatively stable, with some fluctuations. The population peaked in 2017 at 3,369 residents. There was a slight decline to 3,071 residents in 2022. These minor population changes have not significantly impacted the racial composition or economic status of the area.
Scandia appears to be resistant to rapid demographic changes. This stability in racial composition, coupled with rising incomes, suggests limited housing affordability for new, potentially more diverse residents, possible zoning or development policies that maintain the current community character, and a strong local economy that continues to attract and retain affluent, predominantly white residents.
Compared to national averages, Scandia's median income is significantly higher, and its racial homogeneity is more pronounced than in many other American communities. This suggests that while the nation as a whole is becoming more diverse, some affluent, predominantly white communities like Scandia are maintaining their demographic composition.
In conclusion, while Scandia shows minimal signs of increasing diversity, it remains a "Low Diversity" area with a strong "White Majority". The community's economic prosperity, as evidenced by rising median incomes, appears to be closely tied to its stable demographic composition. As subtle changes begin to emerge, it will be important to monitor whether these lead to more significant shifts in the coming years, potentially moving the community towards a more diverse future.
