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Demographics
Population
Median Income
Racial Distributions
The zip code 55397 in Norwood Young America, Minnesota, is classified as having Low Diversity as of 2022. The area is predominantly White (88%) with a small Hispanic population (10%). The current median income is $77,308, which is slightly above the national median.
Over the past decade, this community has maintained its Low Diversity status, with the White population remaining the clear Racial Majority. However, there are indications of a gradual shift towards becoming a Transitional Community. The White population decreased from 93% in 2015 to 88% in 2022, while the Hispanic population increased from 1% to 10% in the same period. The Black population briefly increased from 0% to 6% between 2017 and 2021 but returned to 0% in 2022. The Two or More Races category has shown a slight increase from 1% to 2% over the decade.
The median income has shown overall growth, rising from $74,873 in 2015 to $77,308 in 2022, with a peak of $84,810 in 2021. This trend correlates with the gradual increase in diversity. The rising Hispanic population coincides with a general upward trend in median income, suggesting that this demographic shift may be linked to economic opportunities in the area. The population has grown from 2,683 in 2015 to 3,190 in 2022, a 19% increase that aligns with both income growth and increased diversity.
The community's demographic changes align with broader national trends of increasing diversity in suburban and rural areas. The median income growth suggests that the area has maintained economic stability during its demographic transition. The population growth of 19% over seven years is significant and likely exceeds both state and national averages, indicating that Norwood Young America is an attractive destination for new residents.
Norwood Young America remains a Low Diversity community with a strong White Majority, but it shows signs of slowly transitioning towards greater diversity. This change has been accompanied by overall economic growth and population increase, suggesting a positive correlation between diversification and economic development in this zip code. The community appears to be in the early stages of a demographic shift that could lead to more significant changes in the coming years if current trends continue.