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Demographic Analysis of Zip Code 56458: Predominantly White Population in Lake George, Minnesota
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 56458 in Lake George, Minnesota, is classified as a "Low Diversity" community as of 2022. The population is 93% white, indicating strong racial homogeneity. The median income is $70,972, and the population is 285, suggesting a small, relatively affluent rural community.
Over the past decade, Lake George has maintained its "Low Diversity" status. The white population has consistently remained above 90%. Minor changes in diversity include variations in the Hispanic population, peaking at 4% in 2013 and settling at 3% in 2022. The "Two or More Races" category has grown, reaching 4% in 2020 before settling at 2% in 2022. The Native American population has maintained a consistent 1% presence.
The median income in Lake George has increased significantly over the past decade. From 2013 to 2022, median income grew from $48,243 to $70,972, an increase of about 47%. The most substantial growth occurred between 2017 and 2021, with income rising from $56,970 to $74,810. There was a slight decrease in median income from 2021 to 2022, dropping from $74,810 to $70,972.
The population has grown moderately, from 267 in 2013 to 285 in 2022, an increase of about 6.7%.
The steady increase in median income coincides with the maintenance of a predominantly white population. The slight increase in diversity occurs alongside the most significant period of income growth (2017-2021). This suggests that the area's economic prosperity might be attracting a slightly more diverse population, albeit on a very small scale.
The trend of increasing median income in Lake George aligns with broader national trends of economic recovery and growth following the 2008 recession. The area's racial homogeneity contrasts with national trends towards increasing diversity, particularly in urban and suburban areas. The slight increase in the "Two or More Races" category reflects a national trend of growing multiracial populations.
Lake George remains a "Low Diversity" community, with subtle indications of potential demographic shifts. The area has experienced significant economic growth over the past decade, which may be a factor in the slight increase in diversity. Changes in the racial composition of the community are occurring at a much slower pace than national averages. The community's rural nature and small population may contribute to its resistance to rapid demographic change, even as it experiences economic prosperity.
