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Demographics
Population
Median Income
Racial Distributions
The zip code 59632 in Elkhorn, Montana, is classified as a Low Diversity community as of 2022. The population is predominantly white, comprising 88% of the total. This aligns with the definition of Low Diversity, where one racial group constitutes over 75% of the population. The current median income is $57,837, and the population stands at 3,044.
Elkhorn has maintained its Low Diversity status over the past decade. The white population has consistently been the dominant racial group, with percentages ranging from 85% to 92% between 2013 and 2022. However, subtle shifts have occurred within this category. The white population experienced a slight decrease from 92% in 2013 to 88% in 2022, indicating a minor trend towards increased diversity. The Hispanic population increased from 2% in 2013 to 4% in 2022, suggesting a small but growing Hispanic community. The Native American presence remained stable at around 2-3% throughout the decade. The multiracial population, categorized as "two or more races," increased from 2% in 2013 to 4% in 2022.
These changes, while not substantial enough to shift the community out of the Low Diversity category, indicate a slow trend towards slightly increased diversity. The median income in Elkhorn has fluctuated over the years, peaking at $64,332 in 2017 and settling at $57,837 in 2022. A slight correlation between income trends and demographic shifts is observed. The period of highest median income (2016-2018) coincides with a slight decrease in the white population percentage and increases in Hispanic and multiracial populations. This suggests that the community's gradual diversification may be linked to economic opportunities attracting a more diverse workforce.
Population trends show a decline from 3,059 in 2010 to 2,435 in 2019, followed by a recovery to 3,044 in 2022. The recent population growth coincides with the slight increase in diversity, potentially indicating that new residents are contributing to the community's gradual demographic changes.
Elkhorn's demographic composition differs significantly from national averages. As of 2022, the U.S. Census Bureau reported that the white alone, not Hispanic or Latino population in the United States was about 59.3%, considerably lower than Elkhorn's 88% white population. The gradual increase in Hispanic and multiracial populations in Elkhorn, though small, aligns with broader national trends of increasing diversity. However, the pace of change in Elkhorn appears to be slower than in many other parts of the country.
In conclusion, while Elkhorn remains a Low Diversity community, there are subtle signs of increasing diversity over the past decade. These demographic shifts, coupled with fluctuations in median income and recent population growth, suggest a community in the early stages of transition. However, the changes are gradual and have not yet significantly altered the overall demographic composition of the area.