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Demographic Analysis of Zip Code 68937: Low Diversity with Predominant White Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 68937 in Elwood, Nebraska, is classified as having Low Diversity as of 2022. The population is predominantly white, with 87% of residents identifying as such. The current median income is $67,691, which represents a significant increase from a decade ago.
Over the past decade, Elwood has maintained its status as a Low Diversity community. However, subtle shifts indicate a gradual move towards slightly increased diversity. The percentage of white residents has decreased from 94% in 2013 to 87% in 2022. The Hispanic population has increased notably, rising from 4% in 2013 to 11% in 2022. This trend suggests the community may be slowly transitioning towards Moderate Diversity if this trend continues. The representation of other racial groups remains minimal, with slight fluctuations in Asian, Black, and Native American populations, generally staying below 1% each.
The median income in Elwood has shown a significant upward trend. In 2013, the median income was $45,380. By 2022, it had increased to $67,691, representing a 49% growth over nine years. This substantial income growth correlates with the gradual increase in diversity, particularly the growth in the Hispanic population. It is possible that economic opportunities have attracted a more diverse workforce to the area.
Population trends show some fluctuation. The population peaked at 1,599 in 2012. It has generally declined since then, reaching 1,436 in 2022. This population decline, coupled with increasing diversity and rising incomes, might indicate a shift in the local economy, possibly towards higher-skilled jobs attracting a more diverse workforce.
The trend of increasing diversity, albeit slow, aligns with broader national trends of growing diversity in rural areas. The significant income growth in Elwood outpaces many rural areas nationally, suggesting local economic factors driving prosperity. The population decline, while not drastic, contrasts with the income growth, potentially indicating a shift in the nature of local employment or housing availability.
Elwood remains a Low Diversity community, but subtle demographic shifts and significant economic growth over the past decade suggest a community in gradual transition. The increasing Hispanic population and rising median income point to evolving economic opportunities that may continue to shape the community's demographic makeup in the coming years. These changes, though slow, may be laying the groundwork for a more diverse and economically robust community in the future.
