The median income in Camargo has shown variability over the past decade. It started at $54,168 in 2013, peaked at $71,450 in 2021, and then declined to $61,381 in 2022. This overall upward trend in median income suggests a gradual improvement in the area's economic conditions.

The population has remained relatively stable, fluctuating between 414 and 485 residents over the ten-year period. This stability in population, combined with the increasing median income, may indicate that the community is experiencing some economic progress without significant growth.

The lack of significant demographic shifts coupled with the overall increase in median income suggests that the existing, predominantly white population has seen some economic gains without attracting substantial new residents from diverse backgrounds.

Camargo's demographic makeup differs from broader trends seen in many parts of the United States. Many areas across the country have been experiencing increasing diversity over the past decade, particularly in urban and suburban regions. The stability of Camargo's racial composition suggests it may be somewhat isolated from these national demographic shifts.

The economic improvements seen in Camargo align with the general economic recovery and growth experienced in many parts of the United States following the 2008 financial crisis. However, the lack of population growth and diversity increase may indicate that the village is not experiencing the kind of economic dynamism that often attracts a more diverse population.

Camargo presents a picture of a stable, predominantly white rural community that has seen some economic improvements over the past decade without significant changes in its demographic composition. This stability in racial makeup, combined with economic growth, suggests a community that is maintaining its traditional character while experiencing modest prosperity.