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Demographics
Population
Median Income
Racial Distributions
The zip code 59641 in Wheatland, Montana, is classified as a "Low Diversity" community as of 2022. The population is 94% white, with a median income of $49,043 and a total population of 489. These figures indicate a small, homogeneous rural community.
Over the past decade, Wheatland has maintained its "Low Diversity" status. The white population has consistently remained above 90%. Minor increases in diversity include a growth in the Hispanic population to 3% in 2022, a stable 1% Native American population since 2018, and fluctuations between 1-6% in individuals identifying as two or more races. Despite these changes, the community remains in the "Low Diversity" classification.
The median income in Wheatland has shown volatility over the past decade. From 2013 to 2019, there was a general upward trend, peaking at $66,706 in 2019. However, 2020 saw a significant drop to $49,043, which has persisted through 2022. This decline coincided with a population increase from 357 in 2019 to 489 in 2022. The simultaneous decrease in median income and increase in population could indicate an influx of lower-income residents or economic challenges affecting the entire community.
The persistent "Low Diversity" status of Wheatland contrasts with national trends towards increasing diversity in many areas of the United States. The recent decline in median income, particularly from 2019 to 2020, may reflect broader economic challenges, possibly related to the COVID-19 pandemic, which affected many rural communities across the country. The population growth in recent years, despite economic challenges, could indicate that Wheatland is attracting new residents, possibly due to lower cost of living compared to urban areas or lifestyle preferences for rural settings.
Wheatland has experienced some economic fluctuations and minor increases in diversity over the past decade. However, it remains a predominantly white, low-diversity community. The recent population growth coupled with decreased median income suggests potential economic challenges or demographic shifts that may continue to shape the community in the coming years. These changes have not been substantial enough to alter the overall racial and diversity categorization of the area.