The median income has fluctuated over the years, with a general upward trend. It rose from $65,237 in 2013 to $87,189 in 2021, before dropping to $60,340 in 2022. The significant increase in median income in 2021 coincides with the initial shift towards greater diversity, suggesting a possible influx of higher-income Hispanic residents. The population has remained relatively stable, fluctuating between 115 and 165 residents over the decade, with no clear correlation to demographic or economic changes.

The demographic shift in Amherst appears to align with broader trends of increasing diversity in many rural and suburban areas across the United States. The rapid increase in Hispanic population over 2021-2022 is particularly notable and may reflect larger migration patterns or economic opportunities attracting Hispanic residents to the area.

The community can be classified as a "Transitional Community" given the significant changes in racial makeup over the last two years. This transition towards greater diversity, particularly the growth in the Hispanic population, may bring changes to local culture, businesses, and community dynamics. Despite the increase in diversity, the community remains predominantly white. The economic impact of this demographic shift is not yet clear, as the median income dropped in 2022 after a significant increase in 2021. This could indicate a period of economic adjustment as the community's composition changes.

Amherst is undergoing a notable demographic transition, moving from a highly homogeneous "Low Diversity" community to one with "Moderate Diversity." This shift, primarily driven by an increase in the Hispanic population, may have significant implications for the community's future social and economic landscape. Continued monitoring of these trends will be crucial to understanding the long-term impacts of this demographic evolution.