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Demographics
Population
Median Income
Racial Distributions
The zip code 59061 in Nye, Montana, exhibits characteristics of a "Low Diversity" community as of 2022. The white population comprises 96% of the total, surpassing the 75% threshold for this classification. The area has a population of 159 individuals and a median income of $76,239.
Nye has maintained its "Low Diversity" status over the past decade. The white population has remained dominant, fluctuating between 91% and 98%. Minor changes in minority groups have occurred, with the Hispanic population peaking at 7% in 2014 but declining to 1% in 2022. Native American representation has been inconsistent, while a small but steady representation of individuals identifying as two or more races has emerged in recent years. Asian representation appeared for the first time in 2022 at 1%.
The median income in Nye has shown an overall upward trend. From 2013 to 2019, it fluctuated between $59,998 and $69,140. A significant increase occurred in 2020, with the median income rising to $76,239. The highest recorded median income was $79,027 in 2021, before slightly decreasing to $76,239 in 2022.
The economic growth does not appear to strongly correlate with demographic changes, given the stability of the racial composition. The increasing median income may suggest improving economic conditions for the predominantly white population. Population figures have remained relatively stable, fluctuating between 134 and 182 residents over the decade.
Nye's demographic profile differs significantly from national averages. The United States has been trending towards greater diversity, with the white population decreasing as a percentage of the total. Nye's persistent "Low Diversity" status indicates it has not followed this national trend.
The median income growth in Nye, particularly the increase in 2020, is notable. However, without additional context, it is difficult to determine if this growth outpaces or lags behind state or national averages.
Nye represents a stable, predominantly white community that has experienced economic growth over the past decade without significant demographic shifts. This stability in racial composition, combined with income growth, may have implications for local community dynamics, potentially reinforcing existing social structures and economic patterns.