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Demographic Analysis of Zip Code 68304: Predominantly White Population with Slight Hispanic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 68304 in Alvo, Nebraska, is classified as a "Low Diversity" community as of 2022. The population is 96% white. This rural area has experienced minor population changes and significant income growth over the past decade.
From 2013 to 2022, Alvo maintained its "Low Diversity" status. The white population remained above 95% throughout this period. The Hispanic population increased from 0% to 4% between 2016 and 2022. The percentage of individuals identifying as two or more races has remained at 1% since 2013.
The median income in Alvo increased from $57,716 in 2013 to $83,853 in 2022, a 45% increase over nine years. A notable peak of $94,926 occurred in 2021, followed by a slight decrease in 2022. This income growth suggests improving economic conditions for residents.
Population fluctuations have been minor, ranging from 306 in 2019 to 379 in 2017. The 2022 population of 363 represents a slight increase from the 2013 figure of 316, indicating overall stability with some year-to-year variations.
The persistent low diversity in Alvo is consistent with many rural Midwestern communities. The significant income growth in Alvo may outpace national averages. The small increase in the Hispanic population aligns with broader national trends of increasing Hispanic populations in rural areas, though at a much slower rate in Alvo.
Alvo remains a "Low Diversity" community. Subtle demographic shifts and significant economic improvements over the past decade suggest a community in slow transition. The income growth and slight increase in Hispanic population may indicate the beginning of a long-term trend towards increased diversity and economic opportunity. These changes are occurring at a slower pace compared to national trends in diversity, reflecting the gradual nature of demographic shifts in small, rural communities.
