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Demographic Analysis of Zip Code 55331: Predominantly White Population with Subtle Diversity Changes
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 55331 in Shorewood, Minnesota, is categorized as having "Low Diversity" as of 2022. The area is predominantly white, comprising 91% of the population, with a median income of $151,790. This affluent suburb has experienced subtle demographic shifts over the past decade.
From 2013 to 2022, Shorewood has maintained a "White Majority" status, with the white population consistently above 91%. There are minor indications of increasing diversity. The Hispanic population grew from 1% in 2013 to 5% in 2020, then declined to 2% in 2022. The Asian population increased from 1% to 2% between 2013 and 2022. The "Two or More Races" category increased from 1% to 3% in the same period. Despite these changes, the area remains in the "Low Diversity" category, although these trends may indicate the early stages of becoming a "Transitional Community" at a slow pace.
The median income in Shorewood has increased significantly, rising from $128,269 in 2013 to $151,790 in 2022, an 18% increase. This income growth correlates with the subtle increases in diversity. The rise in the Asian population coincides with the income increase, potentially indicating high-income Asian families moving into the area. The growth and subsequent decline in the Hispanic population might suggest a period of economic opportunity followed by potential displacement due to rising costs. The increase in the "Two or More Races" category could reflect changing demographics among younger, potentially high-earning families in the area.
The population has grown modestly from 17,358 in 2013 to 18,088 in 2022, a 4.2% increase. This slow but steady growth, combined with rising incomes, suggests that Shorewood remains an attractive location for affluent residents.
Shorewood's median income of $151,790 is significantly higher than the national median household income, which was around $70,784 in 2021. The area's racial homogeneity is notably higher than national averages. As of 2021, the U.S. Census Bureau reported that the white alone (not Hispanic or Latino) population was about 59.3% nationally, compared to Shorewood's 91%. The slow pace of diversification in Shorewood contrasts with broader national trends of increasing diversity, particularly in suburban areas.
In conclusion, Shorewood, Minnesota (zip code 55331) remains a predominantly white, high-income area with low diversity, but there are subtle signs of demographic shifts. These changes, though slow, may indicate the beginning of a long-term trend towards greater diversity. However, the area's high median income and slow population growth suggest that any significant demographic changes are likely to occur gradually over an extended period. The community's economic prosperity appears to be a defining characteristic, potentially influencing who can afford to move into and remain in the area.
