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Demographics
Population
Median Income
Racial Distributions
The zip code 55368 in Norwood Young America, Minnesota, is classified as having "Low Diversity" as of 2022. The population is 97% white, with a median income of $80,609. This indicates a relatively affluent community compared to national averages.
Over the past decade, this zip code has maintained its "Low Diversity" status. The white population has remained the majority, increasing from 91% in 2013 to 97% in 2022. This trend shows a lack of significant racial diversification over time. Minor fluctuations have occurred in other racial categories, with the Hispanic population peaking at 5% in 2014 and decreasing to 1% by 2022. The "Two or More Races" category has remained at around 1-2% throughout the decade.
The community has consistently remained in the "Low Diversity" category, with the white racial group consistently comprising over 75% of the population. The median income in the area has shown a general upward trend over the past decade, rising from $77,745 in 2013 to $80,609 in 2022, with some fluctuations. The highest median income was recorded in 2021 at $86,027.
The population has experienced some volatility, peaking at 2,960 in 2019 and declining to 2,517 in 2022. This could suggest some outmigration, possibly related to broader economic or social factors. The stability in racial composition alongside increasing median income might indicate that the area has become more economically attractive to its existing demographic, potentially reinforcing the current racial makeup.
The trend in this zip code runs counter to many national trends towards increasing diversity in urban and suburban areas. The persistence of a highly homogeneous racial composition in Norwood Young America is notable and may reflect broader patterns in rural or small-town Minnesota. The steady increase in median income, despite some population decline, could suggest that the area is becoming more exclusive, potentially pricing out more diverse populations or failing to attract them.
In conclusion, the zip code 55368 represents a stable, predominantly white community with gradually increasing affluence. While it has not experienced significant demographic shifts over the past decade, the economic changes and population fluctuations suggest underlying dynamics that could influence the area's future development and potentially its diversity profile.