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Demographic Analysis of Zip Code 68040: Predominantly White Population in Malmo, Nebraska
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 68040 in Malmo, Nebraska, is classified as a "Low Diversity" community as of 2022. The population is 97% white, with a total of 401 residents. The median income in the area is $68,494. Over the past decade, from 2013 to 2022, the community has maintained its low diversity status, with the white population consistently above 95%.
Minor fluctuations in other racial categories have been observed. The Hispanic population increased from 0% in 2013 to 2% in 2022. The Black population varied between 0% and 4% during this period. The category of two or more races appeared in the data from 2017 onwards, reaching a maximum of 3% in 2018 and 2021. Despite these small changes, the community's overall diversity classification has remained unchanged.
The median income in Malmo has shown significant variability over the past decade. In 2013, it was $56,003. It reached a peak of $80,506 in 2019, before decreasing to $68,494 in 2022. This income fluctuation does not appear to strongly correlate with the minor demographic shifts observed.
The population of Malmo has generally declined from 569 in 2015 to 401 in 2022. This trend could be attributed to factors such as rural outmigration or changes in local economic opportunities.
The persistent "Low Diversity" classification of Malmo contrasts with increasing diversity trends observed in many urban and suburban areas across the United States. The fluctuating median income, particularly the peak in 2019, may reflect broader economic trends such as the strong pre-pandemic economy followed by subsequent economic disruptions. The overall population decline aligns with trends seen in many rural American communities, where younger residents often relocate to urban areas for education and employment opportunities.
In conclusion, Malmo has experienced economic volatility and gradual population decline over the past decade, while its racial composition has remained stable. The community continues to be characterized by low diversity, with a predominantly white population. Minor increases in Hispanic and multiracial residents suggest a very slow trend towards greater diversity, but not at a rate that would significantly alter the community's demographic makeup in the near future. The economic fluctuations, particularly in median income, appear to be more influenced by broader economic factors rather than local demographic shifts.
