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Demographics
Population
Median Income
Racial Distributions
The zip code 55363 in Montrose, Minnesota, is classified as a "Low Diversity" community with a "Racial Majority" of white residents as of 2022. The area has a population of 4,280 and a median household income of $78,870, indicating a relatively affluent suburban or small-town environment.
Montrose has maintained its status as a "Low Diversity" community with a strong "White Majority" over the past decade. The white population constituted 87% of the total in 2013, and this percentage has remained relatively stable, with 89% in 2022. There have been subtle shifts towards slightly increased diversity, with a small increase in residents identifying as two or more races, from 1% in 2013 to 7% in 2022. This could indicate a gradual trend towards a more "Transitional Community," albeit at a slow pace.
The Hispanic population has remained relatively stable, fluctuating between 3-4% throughout the decade. Other racial groups, including Black, Asian, and Native American residents, have maintained very low percentages, typically at or below 1% each.
The median household income in Montrose has shown an overall upward trend, aligning with the stable racial composition. From 2013 to 2021, the median income rose from $68,299 to $86,500, an increase of about 26.6%. However, there was a decrease in 2022 to $78,870, which could be attributed to broader economic factors or changes in the local job market. The population has steadily increased from 3,358 in 2010 to 4,280 in 2022, a growth of about 27.5%, indicating the area's attractiveness to new residents.
The persistent "Low Diversity" and strong "White Majority" in Montrose contrasts with national trends towards increasing diversity in many urban and suburban areas. The steady population growth suggests that the area is economically vibrant and attractive to new residents, possibly due to its combination of suburban/small-town character and relative proximity to larger urban centers. The median income, even after the 2022 decrease, remains above the national median, indicating a relatively affluent community. The slight increase in residents identifying as two or more races aligns with national trends of growing multiracial identification, though at a slower pace than in more diverse urban areas.
Montrose has maintained its status as a predominantly white, low-diversity community over the past decade. Subtle shifts in racial composition and steady economic growth suggest the potential for gradual change. The area's economic stability and population growth indicate it remains an attractive location, potentially setting the stage for increased diversity in the future, albeit at a slower pace than more urban areas.