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Demographics
Population
Median Income
Racial Distributions
Zip code 68620, encompassing Albion in Nebraska, is characterized as a Low Diversity community with a strong White Majority. As of 2022, 97% of the population identifies as white, with minimal representation from other racial groups. The median income for this area in 2022 was $69,975, indicating a significant increase from a decade ago, despite some fluctuations in recent years.
Throughout the past decade, Albion has maintained its status as a Low Diversity community with a White Majority. There have been no significant shifts in racial composition that would warrant a change in categorization. The white population has remained above 97% throughout the observed period, with only minor fluctuations in other racial groups.
There are subtle signs of a potential Transitional Community emerging, albeit at a very slow pace. The Hispanic population has shown a slight increase from 1% in 2013 to 2% in 2022. Additionally, the category of "Two or More Races" appeared in the data in 2021 at 1%, suggesting a gradual, albeit minimal, trend towards increased diversity.
The median income in Albion has shown an upward trend over the past decade. In 2013, the median income was $49,760. By 2022, it had increased to $69,975, representing a growth of approximately 40.6% over nine years. This increase in median income suggests improving economic conditions for the residents of this zip code.
The population has remained relatively stable during this period, with minor fluctuations. The population decreased slightly from 2,799 in 2013 to 2,712 in 2022, a decline of about 3.1%. This slight population decrease, coupled with the increase in median income, might indicate that while some residents may have left the area, those who remained have experienced improved economic conditions.
The persistent low diversity in Albion contrasts with national trends towards increasing diversity in many areas of the United States. However, the increase in median income aligns with broader economic growth trends observed in many parts of the country over the past decade.
The stability of the racial composition in Albion, despite economic improvements, suggests that the area may not be experiencing the same level of demographic change as more urban or coastal regions. This could be due to factors such as geographic location, local industry, or community preferences.
Albion has maintained its status as a Low Diversity, White Majority community over the past decade, while experiencing economic growth as evidenced by the rising median income. The subtle increases in Hispanic and multiracial populations, though minimal, hint at the potential for future demographic shifts. These trends suggest a community that is economically progressing while maintaining its traditional demographic composition, with only early signs of the diversity increases seen in many other parts of the country.