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Demographic Evolution of Trout Valley, New Mexico: A Study of Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Trout Valley, New Mexico, is classified as a "Low Diversity" community with a White Majority as of 2022. The population is approximately 19 residents. The median income in 2022 was $62,861.
Trout Valley has maintained its "Low Diversity" status with a White Majority over the past decade. The white population decreased from 86% in 2013 to 68% in 2022. The Hispanic population increased from 10% in 2013 to 26% in 2022. This indicates a gradual shift towards increased diversity.
The median income in Trout Valley has fluctuated. It reached a peak of $74,080 in 2015 and a low of $48,880 in 2019. Recent years show a recovery, with $70,523 in 2021 before decreasing to $62,861 in 2022. These economic changes do not appear to correlate directly with the increase in diversity.
The gradual increase in Hispanic population aligns with general trends seen in many parts of the United States, particularly in the Southwest.
Based on observed trends, Trout Valley is slowly transitioning towards greater diversity. Predictions suggest the community may transition from "Low Diversity" to "Moderate Diversity" within the next 5-10 years. The Hispanic population may continue to grow, potentially leading to a "White Plurality" situation. Economic fluctuations may continue, but there is potential for stabilization or growth if diversification attracts new economic opportunities.
Trout Valley remains a predominantly white, low-diversity community, but shows signs of gradual demographic change. This shift, if continued, could lead to new socio-economic dynamics in this small New Mexico community in the coming years. Given the extremely small population size, minor changes in resident composition can lead to significant percentage shifts, so these trends should be interpreted with caution.
