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Demographics
Population
Median Income
Racial Distributions
Zip code 68461 in Walton, Nebraska, is classified as a "Low Diversity" community as of 2022. The population is 96% white, indicating a highly homogeneous racial composition. The median income in 2022 was $76,076, suggesting a relatively affluent community that has experienced significant changes over the past decade.
From 2013 to 2022, Walton consistently maintained its status as a "Low Diversity" community. The white population remained dominant, never falling below 94% of the total population. This stability in racial composition indicates minimal demographic change in terms of racial diversity.
Despite the overall stability, minor shifts occurred within the population. The Asian population decreased from 3% in 2013-2014 to 1% by 2022. The Hispanic population fluctuated between 0% and 2% over the years, showing no clear trend. The "Two or More Races" category emerged in recent years, reaching 2% by 2022, potentially indicating a slight increase in diversity.
The economic landscape of Walton underwent significant changes over the past decade, which do not appear to correlate strongly with the stable racial demographics. There was a dramatic decline in median income from a peak of $133,481 in 2014 to $76,076 in 2022, representing a decrease of about 43% over eight years. Despite this income decline, the population grew substantially from 505 in 2014 to 780 in 2022, an increase of about 54%.
These trends suggest a complex economic situation where the community is attracting new residents despite declining median incomes. This could indicate a shift in the types of jobs or economic opportunities available in the area, or perhaps changes in the cost of living that make the area attractive despite lower incomes.
The racial homogeneity of Walton is not typical of national trends, which generally show increasing diversity in many communities across the United States. The significant decline in median income goes against the general trend of rising incomes seen in many parts of the country over the past decade. This suggests that Walton may be facing unique economic challenges or transitions.
Walton presents a case of a community that has maintained low racial diversity over the past decade while experiencing significant economic changes and population growth. This stability in racial composition amidst economic fluctuations suggests that factors other than racial demographics are driving the community's changes and attractions for new residents.