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Demographic Analysis of Zip Code 55330: Predominantly White Area with Emerging Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 55330 in Elk River, Minnesota, is categorized as having Low Diversity with a White Majority as of 2022. The area has a population of 48,791 and a median household income of $96,475, indicating a relatively affluent suburban community.
Elk River has maintained its status as a White Majority community over the past decade, but there are indications of a slow transition towards increased diversity. The white population decreased from 93% in 2013 to 87% in 2022. This shift suggests the beginnings of a Transitional Community.
Notable changes include an increase in the Black population from 1% in 2013 to 3% in 2022, growth in the Hispanic population from 2% to 3%, and a rise in individuals identifying as Two or More Races from 1% to 4%. These changes, while small, indicate a trend towards slightly increased diversity, though the area remains in the Low Diversity category.
The median household income has increased from $85,207 in 2013 to $96,475 in 2022, a growth of about 13%. This economic growth has coincided with the gradual increase in diversity. The population has grown steadily, from 41,047 in 2013 to 48,791 in 2022, an increase of about 19%.
Elk River remains less diverse than many urban areas in Minnesota and across the United States. The state of Minnesota as a whole has seen increasing diversity over the past decade, with growing Asian, Black, and Hispanic populations. Suburban areas like Elk River often lag behind urban centers in terms of diversification.
The median household income in Elk River ($96,475 in 2022) is higher than the national median ($69,021 as of 2022), indicating that this community is more affluent than average. This economic strength may be a factor in attracting a slowly diversifying population.
Elk River remains a predominantly white, affluent suburban area with Low Diversity, but there are subtle signs of demographic shifts. The community is showing characteristics of a Transitional Community, albeit at a slow pace. These changes, coupled with steady economic growth and population increase, suggest that Elk River may continue to see gradual diversification in the coming years.
