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Demographics
Population
Median Income
Racial Distributions
The zip code 65747 in Shell Knob, Missouri, is categorized as having "Low Diversity" as of 2022. The population is predominantly white, with 86% identifying as such. The current median income is $44,614, which is below the national median income. This rural community has experienced modest demographic shifts over the past decade.
From 2013 to 2022, the community has maintained a "Low Diversity" categorization, with the white population comprising over 75% of the total throughout this period. The white population decreased from 97% in 2013 to 86% in 2022. The Hispanic population increased from less than 1% to 7% over this period. The "Two or More Races" category grew from 1% to 6%. These changes indicate a slow trend towards increased diversity.
The median income in the area has increased from $40,260 in 2013 to $44,614 in 2022, representing a 10.8% increase over nine years. This growth has not kept pace with inflation, suggesting a potential decline in real purchasing power for residents. The population has decreased from 3,406 in 2013 to 3,374 in 2022, a slight decline of about 0.9%.
The increasing diversity correlates with a period of modest economic growth, suggesting that the area may be attracting a more diverse population. However, the overall slow economic growth and slight population decline might indicate challenges in retaining residents or attracting significant new investment.
The trends observed in Shell Knob are consistent with broader national trends of increasing diversity, particularly in rural and suburban areas. The growth in Hispanic and multiracial populations aligns with national demographic shifts. However, the area's continued low diversity and predominantly white population suggest it may be lagging behind national averages in terms of racial and ethnic diversification.
The modest income growth and slight population decline could be indicative of challenges faced by many rural communities across the United States, including limited economic opportunities and potential out-migration of younger residents to urban areas for education and employment.
Shell Knob remains a low-diversity area with a strong white majority, but shows signs of gradual demographic shifts towards increased diversity. These changes, coupled with modest economic growth, suggest a community in slow transition. The coming years will be crucial in determining whether these trends accelerate, potentially moving the area towards moderate diversity, or whether they stabilize, maintaining the current demographic composition.