Loading Content...
Demographic Analysis of Zip Code 56167: Predominantly White Population in Round Lake, Minnesota
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 56167 in Round Lake, Minnesota, is classified as a "Low Diversity" area as of 2022. The population is 94% white, with a total of 374 residents. The median income in 2022 was $71,454, showing an increase over the past decade.
From 2013 to 2022, Round Lake maintained its "Low Diversity" status. The white population consistently remained above 90%. Minor changes in diversity occurred, with the Hispanic population fluctuating between 2-4%, the "Two or More Races" category increasing from 0% to 1%, and a 1% Black population appearing in 2022.
The median income in Round Lake increased from $57,797 in 2013 to $71,454 in 2022, representing a 23.6% growth over nine years. This economic growth occurred alongside a population decrease from 452 in 2013 to 374 in 2022.
The combination of rising incomes and decreasing population suggests potential outmigration of lower-income residents, influx of higher-income residents, or economic improvements for long-term residents.
The increasing median income in Round Lake aligns with broader national trends of economic recovery and growth following the 2008 recession. The persistent lack of diversity contrasts with national trends towards increasing diversity in many areas. The population decrease goes against the trend of overall population growth in many parts of the United States.
Round Lake has experienced significant economic growth over the past decade, while its demographic composition has remained largely stable. It maintains its status as a predominantly white, low-diversity community. The combination of rising incomes and decreasing population presents a dynamic that could have implications for the future development and character of this small Minnesota city.
