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Demographic Analysis of Zip Code 55317: Low Diversity and Racial Composition in Chanhassen, Minnesota
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 55317 in Chanhassen, Minnesota, is classified as a Low Diversity area with a White Majority as of 2022. The population is 83% white, with a 7% Asian population and other minority groups. The median household income in 2022 was $124,512, indicating an affluent community.
Over the past decade, Chanhassen has maintained its Low Diversity status but shows signs of gradual diversification. The white population decreased from 90% in 2013 to 83% in 2022. The Asian population increased from 4% to 7%, and those identifying as two or more races grew from 1% to 5% during this period.
The demographic shifts correlate with changes in median income. Median income increased from $115,479 in 2013 to $124,512 in 2022, a 7.8% increase. The highest median income was $135,369 in 2021, coinciding with the highest Asian population percentage (7%) and a significant increase in the two or more races category (4%).
Population growth has been steady, increasing from 18,229 in 2013 to 20,346 in 2022, an 11.6% growth. This moderate population increase, coupled with rising incomes and growing diversity, indicates a desirable and economically vibrant community.
The median household income in Chanhassen ($124,512 in 2022) is likely significantly higher than the national average, indicating a wealthy suburb. The slow diversification trend mirrors national patterns of increasing diversity in suburban areas, although Chanhassen remains less diverse than many urban centers. The growth in the Asian population and those identifying as two or more races aligns with broader national demographic trends.
In conclusion, Chanhassen remains a Low Diversity area with a White Majority but shows signs of becoming a Transitional Community. The increasing diversity correlates with rising incomes, suggesting that the area is attracting affluent professionals from various backgrounds. This gradual shift may lead to changes in local culture, services, and community dynamics in the coming years, potentially moving the area towards Moderate Diversity if current trends continue.
