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Demographics
Population
Median Income
Racial Distributions
Zip code 68976, encompassing Smithfield in Nebraska, is classified as a "Low Diversity" community. As of 2022, the population is 97% white, with 1% Native American and 1% identifying as two or more races. The median income in 2022 was $63,896, with a population of 118 in an area of 42.43 square miles.
Throughout the decade from 2013 to 2022, Smithfield has maintained its status as a "Low Diversity" community. The white population has consistently remained above 97%. Minor changes in diversity include the introduction of residents identifying as two or more races (1%) in 2017, a small Hispanic population (1%) reported in 2018, and Native American residents (1%) recorded in 2022. These changes suggest a very slow trend towards slightly increased diversity, though not sufficient to alter the community's "Low Diversity" classification.
The median income in Smithfield has experienced significant fluctuations over the decade. From 2013 to 2019, there was a general upward trend in median income, rising from $47,762 to $70,249. A notable drop occurred in 2020 to $63,896, followed by a sharp recovery in 2021 to $73,358, and another decline to $63,896 in 2022. These economic shifts do not appear to correlate strongly with the minor demographic changes observed.
Population figures have remained relatively stable, ranging from a low of 106 in 2015 to a high of 134 in 2020. The 2022 population of 118 is close to the 2010 figure of 116, indicating little overall growth.
Smithfield's demographic stability contrasts with national trends of increasing diversity in many areas. The community is changing at a much slower pace compared to many rural and suburban areas that have experienced more significant demographic shifts over the past decade.
The income fluctuations, particularly the drop in 2020 and subsequent recovery, align with broader economic trends related to the COVID-19 pandemic. However, the most recent decline in 2022 may indicate ongoing economic challenges specific to this small community or rural Nebraska more broadly.
Smithfield remains a "Low Diversity" community with a predominantly white population. While there are minimal signs of increasing diversity, these changes are not substantial enough to significantly alter the community's demographic profile. The economic situation appears more volatile, with notable income fluctuations that do not directly correlate with the stable racial composition. This suggests that local economic factors, rather than demographic shifts, are the primary drivers of change in this small Nebraska community.