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Demographics
Population
Median Income
Racial Distributions
The zip code 55367 in New Germany, Minnesota, is classified as a "Low Diversity" area as of 2022. The population is 96% white, with a median income of $75,862 and a total population of 1,112 residents.
Over the past decade, New Germany has maintained its "Low Diversity" status. The white population has consistently remained above 90%. Minor increases in diversity have been observed, with the Hispanic population growing from 1% in 2013 to 2% in 2022, peaking at 4% in 2021. The Asian population has remained stable at approximately 1%, while the category of two or more races has fluctuated between 1-2%.
The median income in New Germany has shown overall growth with fluctuations. It was $77,403 in 2013, peaked at $83,750 in 2019, and declined to $75,862 in 2022. The population has grown steadily from 952 in 2013 to 1,112 in 2022, a 16.8% increase over the decade.
Increases in diversity, particularly in the Hispanic population, have coincided with periods of higher median income. This suggests that economic opportunities may be attracting a somewhat more diverse population. The recent decline in median income from 2021 to 2022 corresponds with a slight decrease in the Hispanic population, indicating that economic factors may influence the minor demographic shifts observed.
The demographic composition of New Germany is less diverse than the national average. The median household income in New Germany ($75,862 in 2022) is higher than the national median (approximately $70,784 in 2021), indicating a relatively affluent community. The population growth rate of 16.8% over a decade is significant, outpacing the national average growth rate.
New Germany remains a "Low Diversity" community with a strong white majority. There are subtle signs of increasing diversity, particularly in the Hispanic population. These demographic shifts appear to be influenced by economic factors. The community has experienced substantial population growth and maintains a median income above the national average. The recent decline in median income and slight reversal in diversity trends in 2022 warrant monitoring to determine if they represent a temporary fluctuation or the beginning of a new trend.