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Demographics
Population
Median Income
Racial Distributions
The zip code 68865 in Phillips, Nebraska, is classified as a Low Diversity community as of 2022. The population is 92% white, with a median income of $84,582 in 2022, which is comparatively high.
Over the past decade, Phillips has maintained its Low Diversity status. The white population has remained above 90% from 2013 to 2022. However, there are indications of increasing diversity. The Hispanic population has grown from 1% in 2013 to 6% in 2022, representing a Transitional Community trend. The "Two or More Races" category appeared in 2017, fluctuating between 1-3% of the population.
The median income in Phillips has shown significant fluctuation over the past decade. From 2013 to 2022, it increased from $66,456 to $84,582, a 27% growth. There were notable year-to-year variations, with drops observed in 2015 and 2016. Since 2018, there has been a generally upward trend in median income.
The consistent Low Diversity status of the community coincides with a generally prosperous economic picture. The gradual increase in the Hispanic population has occurred alongside overall economic growth. The population has grown from 824 in 2013 to 973 in 2022, an 18% increase.
Phillips appears to be prospering compared to many rural American communities that have faced economic challenges and population decline. The gradual increase in diversity is slower than national trends. The median income of $84,582 in 2022 is significantly higher than the national median household income of approximately $70,784 in 2021.
Phillips represents a relatively prosperous, predominantly white rural community experiencing slow but steady diversification, primarily through growth in its Hispanic population. The community's economic strength suggests it may continue to attract new residents, potentially leading to further diversification. However, the pace of change remains slow, and the community is likely to retain its Low Diversity classification for the foreseeable future.