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Demographics
Population
Median Income
Racial Distributions
Zip code 55426 in St. Louis Park, Minnesota, is categorized as a "White Majority" community with moderate diversity as of 2022. The area has a population of 27,293 and a median income of $86,590, indicating a relatively affluent suburban setting.
Over the past decade, this zip code has maintained its status as a "White Majority" community, but with a gradual trend towards increased diversity. The white population has decreased from 79% in 2013 to 76% in 2022, while other racial groups have seen modest increases.
The community has been showing signs of becoming a "Transitional Community," particularly with the growth in the Asian, Hispanic, and multiracial populations. The percentage of residents identifying as two or more races doubled from 3% in 2013 to 6% in 2022, indicating a shift towards a more diverse demographic makeup.
The economic trajectory of the zip code has been positive, with median income rising from $72,608 in 2013 to $86,590 in 2022, representing a 19.3% increase over nine years. This upward trend in income correlates with the gradual increase in diversity, suggesting that the area is attracting a more diverse, affluent population.
The population has grown steadily, from 26,051 in 2013 to 27,293 in 2022, a 4.8% increase. This moderate population growth, coupled with rising incomes, indicates a desirable living area that is slowly becoming more diverse while maintaining its economic appeal.
The demographic shifts observed in this zip code align with broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have been experiencing similar transitions, with growing minority populations and a decline in the percentage of white residents.
The economic growth in this area outpaces the national average. The U.S. median household income grew by about 10% from 2013 to 2022 (adjusted for inflation), while this zip code saw a nearly 20% increase, suggesting it is an area of strong economic opportunity and growth.
The gradual nature of the demographic changes, coupled with steady economic improvement, suggests that this community is managing integration and diversity in a way that maintains its overall prosperity. This pattern is often seen in well-managed suburban communities that are successfully navigating the transition to greater diversity while sustaining economic growth.
Zip code 55426 represents a "White Majority" community that is slowly transitioning towards greater diversity. Its economic indicators remain strong, with rising incomes and steady population growth, suggesting that the area is balancing demographic changes with continued prosperity. As this transition continues, it will be interesting to observe whether the community moves more definitively into the "Moderate Diversity" category and how this might further impact local economic and social dynamics.