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Demographic Analysis of Zip Code 56565: Predominantly White Population in Nashua, Minnesota
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 56565 in Nashua, Minnesota, is classified as a "Low Diversity" community as of 2022. The white population comprises 91% of the total, meeting the criteria for one racial group dominating the population. The area has a population of 138 people with a median income of $70,160.
Nashua has maintained its "Low Diversity" status over the past decade. The white population has remained above 90% from 2013 to 2022, with minor fluctuations. There has been a slight increase in the Hispanic population, from 1% in 2019 to 7% in 2022. The population identifying as two or more races has remained relatively stable, fluctuating between 1-2% over the years.
The median income in Nashua has shown an overall upward trend from 2013 to 2022. In 2013, the median income was $57,356. It peaked in 2018 at $72,236 and stood at $70,160 in 2022. This represents an increase of about 22% over the decade, suggesting overall economic improvement for the community.
The population has steadily decreased from 194 in 2013 to 138 in 2022, a decline of about 29%. This combination of rising incomes and declining population could suggest that older residents on fixed incomes may be moving out or passing away, younger higher-earning individuals or families might be moving in but in smaller numbers, or the community might be becoming more attractive to higher-income residents.
The persistence of a predominantly white population in Nashua contrasts with national trends towards increasing diversity in many areas. The increase in median income aligns with broader economic growth trends seen in many parts of the U.S. over the past decade. The declining population may reflect broader trends of rural depopulation seen in many parts of the Midwest.
Nashua remains a "Low Diversity" community, but subtle demographic shifts and significant economic changes suggest a community in transition. The combination of rising incomes and declining population presents opportunities and challenges for local policymakers and community leaders. Monitoring these trends in the coming years will be crucial to understanding the long-term trajectory of this small Minnesota city.
