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Demographic Analysis of Zip Code 65347: Predominantly White Population with Rising Median Income
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 65347 in Nelson, Missouri, is classified as a "Low Diversity" area as of 2022. The population is 95% white, with a median income of $70,261. This income figure represents a significant increase over the past decade. The population in 2022 was 911.
From 2013 to 2022, Nelson maintained its "Low Diversity" status. The white population consistently exceeded 90%. Minor demographic shifts occurred during this period. The Hispanic population decreased from 4% in 2013-2015 to 1% in 2022. The Black population remained between 0-2%. The Asian population and those identifying as two or more races increased slightly from 0% to 1% and 2% respectively by 2022.
The median income in Nelson demonstrated a notable upward trend. In 2013, it was $47,678, increasing to $70,261 by 2022, a growth of approximately 47% over nine years. This income growth occurred while the racial composition remained relatively stable, suggesting economic improvements across the existing population rather than being driven by demographic changes.
Population figures fluctuated, peaking at 1,023 in 2017 and declining to 911 by 2022. This recent population decrease did not negatively impact the median income, which continued to rise.
The income growth in Nelson outpaces the national average over a similar period. The persistent low diversity in this area contrasts with national trends towards increasing diversity in many communities, particularly urban areas. The recent population decline, despite rising incomes, might indicate factors such as an aging population, limited housing availability, or changes in local industries affecting population retention.
Nelson presents a case of a small, predominantly white community that has experienced significant economic growth while maintaining its demographic composition. This stability in racial makeup, combined with notable income improvements, suggests a community that has found economic success without significant demographic change. However, the recent population decline raises questions about the long-term sustainability of this trend and the community's ability to attract or retain residents despite its economic gains.
