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Demographic Analysis of Zip Code 55710: A Study of Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 55710 in Mountain Iron, Minnesota, is classified as having "Low Diversity" as of 2022. The community has a White Majority, with 97% of the population identifying as white. The current median income is $69,067, and the population has reached 1,674 residents.
Mountain Iron has maintained its status as a Low Diversity community with a White Majority from 2013 to 2022. The white population has consistently remained above 90% during this period, with minimal changes. The community has not experienced significant transitions between diversity categories in this timeframe.
Minor demographic shifts have occurred. The percentage of residents identifying as two or more races increased slightly from 1% in 2013 to 2% in 2022. Black and Hispanic populations have remained at approximately 1% each since 2019. The Asian population has fluctuated between 0% and 1% throughout the decade. These small changes indicate a very gradual trend towards increased diversity, though not sufficient to alter the community's overall classification.
The median income in Mountain Iron has varied over the past decade. It reached its highest point in 2015 at $79,053, decreased to $68,330 in 2020, increased to $76,430 in 2021, and then decreased to $69,067 in 2022. These income fluctuations do not appear to strongly correlate with the minor demographic shifts observed. The community's economic conditions are likely more influenced by broader economic factors rather than changes in racial composition.
Population trends indicate overall growth from 1,363 in 2013 to 1,674 in 2022, with some variations in between. This growth has not significantly altered the racial composition of the community, suggesting that new residents largely reflect the existing demographic profile.
Mountain Iron appears to be maintaining its homogeneous racial composition, while national trends have shown increasing diversity in many areas. This stability in racial demographics is not uncommon in smaller, rural Midwestern communities, which often experience slower demographic changes compared to urban areas.
The median household income in Mountain Iron ($69,067 in 2022) is higher than the national median of $69,021 (as of 2022), indicating a relatively stable economic situation despite some fluctuations over the years.
Mountain Iron demonstrates demographic stability with very gradual, minor shifts towards increased diversity. The community's economic situation, while experiencing some volatility, has generally remained strong relative to national averages. This stability in both demographics and economics suggests a community that has maintained its character and economic base over the past decade, with only subtle indications of the broader national trends towards increased diversity.
