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Demographic Analysis of Zip Code 55432: Racial Diversity and Income Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 55432 in Fridley, Minnesota, transitioned to a "Majority-Minority" community by 2022. The white population decreased to 59%, with no single racial group constituting a majority. Minority groups collectively form the majority. The area's diversity increased over the past decade, with a median income of $67,524 in 2022 and a population of 32,677.
The zip code underwent significant transformation in its racial composition over the past decade. In 2013, it was classified as "White Majority" with 72% of the population identifying as white. By 2022, this percentage decreased to 59%, shifting the community to "Majority-Minority" status. The area experienced steady increase in diversity, with notable growth in Black, Hispanic, and Asian populations. The Black population increased from 9% in 2013 to 17% in 2022, while the Hispanic population grew from 8% to 13% during the same period.
Demographic shifts occurred alongside economic changes. The median income showed an upward trend, increasing from $59,570 in 2013 to $67,524 in 2022, representing 13.4% growth over nine years. The most significant increase in median income occurred between 2020 and 2021, rising from $66,619 to $71,154, coinciding with a substantial population increase from 30,443 to 32,724.
The correlation between increasing diversity and rising median income suggests the area may be attracting skilled professionals from various backgrounds, contributing to both demographic and economic growth.
The demographic changes in this zip code align with broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have been transitioning from predominantly white communities to more diverse areas over the past few decades.
The economic growth in this area appears moderate compared to national averages. The U.S. median household income grew by about 17% between 2013 and 2022, slightly outpacing the growth seen in this zip code.
Zip code 55432 in Fridley, Minnesota, has undergone a significant demographic transition over the past decade, evolving from a "White Majority" community to a "Majority-Minority" area. This shift towards greater diversity has been accompanied by moderate economic growth. These trends reflect broader national patterns of suburban diversification and economic development, positioning this community as an example of the changing face of American suburbs.
