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Demographics
Population
Median Income
Racial Distributions
The zip code 55387 in Waconia, Minnesota, is categorized as a "Low Diversity" community as of 2022. The area is predominantly white, comprising 92% of the population, with a median income of $108,767. This demographic profile has remained relatively stable from 2013 to 2022.
Throughout the observed period, Waconia has maintained its status as a "Low Diversity" community. The white population has remained above 90%, indicating a stable racial composition. There have been minimal shifts in demographics, including a slight decrease in the white population from 94% to 92%, a gradual increase in the Hispanic population from 2% to 3%, the emergence of a small black population from 0% to 1%, and an increase in multiracial individuals from 1% to 3%.
The economic profile of Waconia has shown growth over the past decade. The median income has increased from $93,555 in 2013 to $108,767 in 2022, a 16.3% increase. The population has grown from 12,237 in 2013 to 13,762 in 2022, a 12.5% increase. This economic growth correlates with the stable, predominantly white demographic.
Waconia's demographic stability contrasts with national trends towards increasing diversity in many urban and suburban areas. The median household income in Waconia is significantly higher than the national median, indicating that this is a particularly affluent community. The population growth rate of 12.5% over nine years is higher than the national average, suggesting that Waconia is an attractive destination for new residents.
Waconia presents a picture of a stable, affluent, predominantly white community that has experienced steady economic growth over the past decade. While there are slight indications of increasing diversity, these changes are minimal compared to national trends. The community's high median income and population growth suggest it remains an attractive location for affluent residents, potentially reinforcing its current demographic profile. The small increases in minority populations and multiracial individuals could be early indicators of future demographic shifts, warranting continued observation in the coming years.