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Demographic Analysis of Zip Code 58047: Predominantly White Population and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 58047 in Horace, North Dakota, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a predominantly white population (92%) and a median income of $137,430, which is significantly above national averages. This combination indicates an affluent, homogeneous suburban or exurban community.
Over the past decade, Horace has maintained its status as a "Low Diversity" area with a strong "White Majority." There are subtle indications of a gradual shift towards slightly increased diversity. The white population has decreased from 97% in 2013 to 92% in 2022. The Hispanic population has increased from 1% in 2013 to 3% in 2022. The category of two or more races has grown from 0% to 2% over the same period. These changes suggest the early stages of a potential "Transitional Community," albeit at a very slow pace.
The economic profile of the area has seen significant growth, correlating with its demographic stability. The median income has risen from $91,388 in 2013 to $137,430 in 2022, an increase of over 50%. The population has grown from 4,049 in 2013 to 5,193 in 2022, a 28% increase. This substantial income growth, coupled with population increase, suggests that the area is attracting affluent residents, potentially due to its suburban character and proximity to larger urban centers.
The median income in Horace is significantly higher than the national median, indicating an exceptionally affluent community. The lack of racial diversity stands in contrast to national trends, where many suburban areas are experiencing increased diversity. The population growth rate of 28% over a decade is substantial, suggesting the area is attractive to new residents, possibly due to its economic opportunities or quality of life.
Horace presents a picture of a stable, affluent, predominantly white community that has seen significant economic growth over the past decade. While there are slight indications of increasing diversity, these changes are minimal compared to national trends. The area's economic success and population growth suggest it remains an attractive location for residents who fit its current demographic profile. The beginnings of diversification, if continued, could lead to more significant demographic shifts in the coming decades.
