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Demographic Analysis of Zip Code 59463: Predominantly White Population in Monarch, Montana
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 59463 in Monarch, Montana, is categorized as having "Low Diversity" as of 2022. The community has a 92% white majority, with minimal representation from other racial groups. The current median income is $67,841, and the population is 318, indicating a small, predominantly white community with above-average income levels compared to national averages.
Over the past decade, Monarch has maintained its status as a community with "Low Diversity." The white population has remained above 90% throughout the period, with only minor fluctuations. The percentage of white residents has decreased slightly from 99% in 2015 to 92% in 2022. The community has seen the emergence of small Asian (3%) and Hispanic (3%) populations in recent years. The percentage of residents identifying as two or more races has increased from 1% in 2013 to 2% in 2022.
The median income in Monarch has shown significant growth over the past decade. From 2013 to 2022, median income increased from $53,491 to $67,841, a growth of about 27%. There was a notable spike in 2021, with median income reaching $83,185, before dropping back in 2022. The population has fluctuated but generally increased from 255 in 2013 to 318 in 2022.
The economic trends suggest growing prosperity in the community, which may be attracting a slightly more diverse population. The increase in median income could be making the area more attractive to newcomers, potentially contributing to the subtle increase in diversity.
Monarch's demographic composition is less diverse than many urban areas in the United States but may be typical for rural Montana. The income growth in Monarch outpaces national averages, suggesting a relatively prosperous local economy. The slight increase in diversity, while small, aligns with broader national trends of increasing diversity in many communities, even in traditionally homogeneous areas.
In conclusion, Monarch remains a community with "Low Diversity," with subtle signs of demographic change. The area's economic growth may be a factor in attracting a slightly more diverse population. These changes are gradual and have not yet significantly altered the community's overall demographic profile. The zip code represents a predominantly white, economically stable area that is experiencing minor shifts towards increased diversity, potentially reflecting broader national trends on a much smaller scale.
