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Demographic Analysis of Zip Code 59932: Predominant White Population and Recent Economic Shifts
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 59932 in Lakeside, Montana, is classified as a "Low Diversity" community as of 2022. The population is 94% white, with minimal representation from other racial groups. The current population is 2,492, and the median income is $47,225.
Lakeside has maintained its status as a "Low Diversity" community over the past decade. The white population has consistently remained above 94% from 2013 to 2022. Minor increases in diversity have been observed, including a slight rise in the Hispanic population from 1% to 2%, the emergence of a 2% Native American representation, and the appearance of a 1% "Two or More Races" category in 2022.
The economic landscape of Lakeside has experienced significant changes. From 2013 to 2019, the median income remained relatively stable between $70,000 and $83,000. However, a substantial decrease occurred starting in 2020, with the median income falling to $47,824, further declining to $46,106 in 2021, before slightly recovering to $47,225 in 2022.
This decrease in median income coincides with the onset of the COVID-19 pandemic, suggesting a severe impact on the local economy. Despite the economic downturn, the population has shown resilience. It decreased from 2,690 in 2013 to 2,178 in 2020, but has since rebounded to 2,492 in 2022, nearly matching pre-pandemic levels.
The median income drop from 2019 to 2020 in Lakeside is likely more severe than national averages, indicating particular vulnerability to economic shocks from the pandemic. The quick population rebound post-2020 suggests that despite economic challenges, the area remains attractive to residents. This may be due to factors such as natural beauty, lifestyle preferences, or relative affordability compared to other areas.
The persistent lack of racial diversity in Lakeside contrasts with national trends towards increasing diversity in many communities across the United States. While Lakeside has maintained its "Low Diversity" status over the past decade, it has experienced significant economic volatility. The community's resilience in population growth despite economic challenges suggests strong local attachment or other attractive factors. The minor increases in diversity, though small, may indicate the beginning of a very gradual shift towards a more diverse community in the future.
