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Demographics
Population
Median Income
Racial Distributions
Zip code 59750 in Butte-Silver Bow, Montana, is classified as a "Low Diversity" area based on demographic data. As of 2022, the population is 567, with 99% identifying as white and 1% as Native American. The median income has increased from $60,706 in 2013 to $70,558 in 2022.
From 2013 to 2020, there was a slight increase in diversity, with the white population decreasing from 95% to 91%. Small increases were observed in Asian, Native American, and Hispanic populations. Post-2020, this trend reversed, with the white population increasing to 98% in 2021 and 99% in 2022.
The median income has shown overall growth, increasing by 16% from 2013 to 2022. A period of decline occurred from 2013 to 2016, coinciding with the slight increase in diversity. The sharpest increase in median income was between 2019 and 2021, rising from $64,892 to $79,822, a 23% increase in two years. This period aligns with the reversal of the diversity trend.
The population has grown modestly over the decade, from 456 in 2010 to 567 in 2022, indicating a stable but slowly growing community.
The zip code's racial composition is significantly less diverse than the national average. As of 2021, the U.S. Census Bureau reported that the white alone, not Hispanic or Latino population was 59.3% nationally, compared to 99% in this zip code. The median household income in the United States was $70,784 in 2021, similar to this zip code's 2022 figure of $70,558.
The trend of increasing income alongside decreasing diversity is notable and may reflect broader patterns of economic segregation seen in some parts of the country. Despite its rural nature and low diversity, the area's economic status is comparable to national averages.
In conclusion, zip code 59750 in Butte-Silver Bow, Montana, has maintained its status as a "Low Diversity" area over the past decade, experiencing subtle demographic shifts and significant economic growth. The correlation between increasing homogeneity and rising incomes in recent years presents a case study in the relationship between demographic composition and economic prosperity in rural American communities.