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Demographics
Population
Median Income
Racial Distributions
Zip code 82050 in Albin, Wyoming, is classified as a Low Diversity community with a White Majority as of 2022. The area has a population of 413 and a median income of $77,243. From 2013 to 2022, Albin maintained its status as a Low Diversity community with a White Majority. However, gradual changes in demographic composition are evident. The White population decreased from 95% in 2013 to 76% in 2022. Conversely, the Hispanic population increased from 5% in 2013 to 11% in 2022, and the population identifying as two or more races increased from 0% in 2016 to 12% in 2022.
The median income in Albin fluctuated over the past decade. In 2013, it was $58,268. It dropped to its lowest point of $49,443 in 2017, before increasing to its highest point of $77,243 in 2022. This represents a 32.6% increase in median income from 2013 to 2022. The population of Albin has been volatile. In 2013, it was 547. It dropped to its lowest point of 389 in 2016, peaked at 537 in 2020, and stood at 413 in 2022.
The trends in Albin reflect some broader national patterns. Many rural areas across the U.S. are experiencing gradual increases in diversity, particularly with growing Hispanic populations. The overall trend of increasing median income aligns with national economic recovery patterns following the 2008 recession and subsequent growth. The fluctuating population numbers may reflect challenges faced by many rural communities, including outmigration of younger residents and economic pressures.
Albin, Wyoming (zip code 82050) is slowly transitioning from a highly homogeneous community to one with increasing diversity. This demographic shift coincides with overall economic improvement, as evidenced by the rising median income. However, the community still faces challenges, as indicated by its fluctuating population. As Albin continues to evolve, it will be important to monitor how these demographic and economic changes impact local life and community dynamics.