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Demographics
Population
Median Income
Racial Distributions
The zip code 63660 in Potosi, Missouri, is classified as having "Low Diversity" as of 2022. The population is predominantly white, with 93% identifying as such. This demographic composition has remained relatively stable over the past decade, with only minor fluctuations in other racial groups.
From 2013 to 2022, Potosi has consistently maintained a "Low Diversity" classification. The white population has remained above 90% throughout this period, ranging from 91% to 95%. This stability in racial composition indicates that the community has not experienced significant demographic changes or influxes of new racial groups.
Small shifts have been observed in minority populations. The Black population has remained steady at around 4% throughout the decade. The Hispanic population showed a slight increase from 1% in 2013 to 4% in 2020, before decreasing back to 1% in 2022. The population identifying as two or more races has slightly increased from 0% in 2013 to 2% in 2022. These minor shifts do not change the overall "Low Diversity" classification but may indicate the beginnings of a very slow diversification process.
The median income in Potosi has shown an upward trend, particularly in recent years. From 2013 to 2018, median income fluctuated between $31,803 and $34,899. From 2019 to 2022, there was a substantial increase from $39,813 to $43,818, representing a growth of about 10% over three years. This economic improvement does not appear to be directly correlated with changes in racial demographics, given the relative stability of the racial composition.
Population figures have fluctuated over the decade, ranging from a low of 3,078 in 2018 to a high of 3,511 in 2010. The 2022 population of 3,271 represents a slight decline from the decade's beginning but an increase from the mid-decade low point.
The persistent "Low Diversity" classification in Potosi contrasts with national trends towards increasing diversity in many urban and suburban areas. The recent increase in median income aligns with broader national economic recovery trends. The stability of the racial composition suggests that Potosi has not experienced the same level of demographic change as many other small cities in the United States.
In conclusion, Potosi has experienced notable economic improvements in recent years, while its demographic composition has remained largely stable, maintaining its classification as a "Low Diversity" community throughout the decade. The economic growth without significant demographic change suggests that local factors, rather than shifting population dynamics, may be driving the area's economic development.