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Demographics
Population
Median Income
Racial Distributions
The zip code 55076 in Inver Grove Heights, Minnesota, is categorized as having Low Diversity as of 2022. The population consists of a white majority comprising 79% of the total. The area has a median income of $82,585 and a population of 20,850. These figures indicate a relatively affluent suburban community.
Over the past decade, Inver Grove Heights has maintained its status as a Low Diversity area with a white majority. However, subtle shifts towards increased diversity have occurred. The white population decreased from 82% in 2013 to 79% in 2022. The Hispanic population increased from 10% in 2013 to 12% in 2022, showing the most significant growth among minority groups. Asian and Black populations both increased slightly from 3% to 4% and 2% to 3% respectively between 2013 and 2022.
These demographic shifts correlate with significant economic changes. The median income increased from $70,818 in 2013 to $82,585 in 2022, a 16.6% increase. The population grew from 20,711 in 2013 to 20,850 in 2022, a modest 0.67% increase. The substantial income growth suggests that the area has become more affluent over time. This economic improvement coincides with the gradual increase in diversity, potentially indicating that the area is attracting more diverse, high-income professionals.
The median income peaked at $90,428 in 2021 before declining slightly in 2022. This could be related to broader economic factors such as post-pandemic economic adjustments or changes in the local job market.
The gradual increase in diversity aligns with national trends of increasing diversity in suburban areas, although at a slower pace than many urban centers. The significant income growth outpaces national averages, suggesting that Inver Grove Heights is becoming increasingly attractive to higher-income residents. The stability of the white majority indicates that while diversification is occurring, it is happening at a much slower rate than in many other suburban areas across the United States.
Inver Grove Heights remains a Low Diversity area with a strong white majority, but shows signs of gradual diversification coupled with significant economic growth. This suggests a community in slow transition, potentially moving towards greater diversity while maintaining its affluent status. The challenge for local policymakers may be to ensure that this economic growth benefits all demographic groups and that the community remains inclusive as it slowly diversifies.