The median income in Kansas has shown considerable volatility over the past decade: From 2013 to 2019, there was a general downward trend in median income, dropping from $37,811 to $34,238. A significant increase occurred in 2020 and 2021, with median income reaching a peak of $48,749 in 2021. However, 2022 saw a sharp decline back to $40,624. These economic fluctuations don't appear to correlate strongly with the minimal demographic shifts, suggesting that other factors may be more influential in driving income changes.

Population trends have also been volatile, with notable declines from 2010 to 2016, followed by a recovery in recent years. The 2022 population of 931 is still below the 2010 level of 1,137, indicating overall population loss over the decade.

Kansas has maintained its homogeneous racial composition. This stability in racial demographics contrasts with many rural and suburban areas that have experienced increasing diversity over the past decade. The economic volatility observed in Kansas, particularly the sharp rise and fall in median income between 2020 and 2022, may reflect broader economic challenges faced by small rural communities, including the impacts of the COVID-19 pandemic and subsequent recovery efforts.

Based on the observed trends, it's likely that Kansas will remain a Low Diversity community in the near future. The slight increase in racial diversity from 2020 to 2022 is notable, but not substantial enough to predict a significant shift in community composition. If the recent trend of increasing diversity continues, Kansas might gradually transition towards a Moderate Diversity category over the next decade. This would require continued growth in non-white populations, particularly in the black and multiracial categories that have shown some increase in recent years.

Economically, the village may continue to experience volatility in median income. The sharp fluctuations observed in recent years make it challenging to predict a clear trend. However, if the village can capitalize on the factors that led to the income peak in 2021, there may be potential for economic growth and stability.

While Kansas remains a Low Diversity community with a predominantly white population, subtle demographic shifts and significant economic fluctuations suggest a community in flux. Monitoring these trends in the coming years will be crucial for understanding the village's evolving socio-economic landscape.