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Demographics
Population
Median Income
Racial Distributions
Zip code 59644, located in The Silos, Montana, represents a community with Low Diversity. As of 2022, the area is characterized by a White Majority, with 86% of the population identifying as white. The median income in 2022 was $58,716, and the population stood at 4,254.
Over the past decade, The Silos has maintained its status as a White Majority community, falling under the Low Diversity category. The percentage of white residents has slightly decreased from 95% in 2013 to 86% in 2022. The Hispanic population has increased from 1% in 2013 to 2% in 2022. The population identifying as two or more races increased from 0% in 2013 to 9% in 2022.
The economic landscape of The Silos has shown growth over the past decade. The median income increased from $39,927 in 2013 to $58,716 in 2022, representing a growth of about 47% over nine years. The population increased from 3,638 in 2013 to 4,254 in 2022, a growth of about 17%.
The correlation between demographic shifts and economic trends suggests that as the community has become slightly more diverse, it has also experienced economic growth. This could indicate that the increasing diversity may be contributing to economic vitality in the area.
The trend towards increasing diversity aligns with broader national trends of growing diversity in many American communities. The increase in median income (47% over nine years) outpaces the national average wage growth, which typically hovers around 2-3% annually. The population growth of 17% over nine years is notable, as many rural areas in the United States have been experiencing population decline.
In conclusion, The Silos remains a Low Diversity, White Majority community, with signs of gradual demographic shifts. These changes, coupled with economic growth and population increase, suggest a community in transition. If these trends continue, the area may eventually move towards a Moderate Diversity classification.