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Demographic Shift and Racial Diversity in Holt, Michigan: 2013-2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Holt, Michigan, exhibits a demographic profile categorized as "Low Diversity" with a "White Majority." As of 2022, the white population comprises 74% of the total, maintaining a majority despite a gradual decline over the past decade. The city's economic status shows a median income of $76,160 in 2022, an increase from $66,342 in 2013.
Over the past decade, Holt has remained within the "Low Diversity" category, but signs of a slow transition towards increased diversity are evident. The white population has decreased from 81% in 2013 to 74% in 2022, while other racial groups have seen modest increases. This trend suggests a gradual movement towards a potential "Moderate Diversity" classification, though this transition is occurring at a slow pace.
The Hispanic population has shown the most significant growth, increasing from 4% in 2013 to 7% in 2022. The Asian population has increased from 5% to 6%, while the Black population has remained relatively stable at around 8%. These changes indicate a slow but steady diversification of the community.
The median income in Holt has shown a positive trend, increasing from $66,342 in 2013 to $76,160 in 2022, representing a growth of about 14.8% over nine years. This economic growth has occurred alongside the gradual diversification of the population. The population has grown steadily, from 28,173 in 2013 to 29,645 in 2022, an increase of about 5.2%.
The trends observed in Holt align with broader national patterns of increasing diversity in suburban areas. The gradual nature of these changes suggests a stable community that is slowly adapting to demographic shifts rather than experiencing rapid changes.
Based on the observed trends, Holt will likely continue its gradual transition towards greater diversity over the next decade. If current trends persist, the community may move closer to a "Moderate Diversity" classification within the next 10-15 years. The white population may decrease to around 70% or below, while Hispanic, Asian, and multiracial populations are likely to continue growing.
Economically, if the trend of rising median incomes continues, Holt may see further economic growth, potentially attracting more diverse residents and businesses. This could accelerate the diversification process and potentially lead to a "Transitional Community" classification in the future, especially if the growth rates of minority populations increase.
Holt is likely to maintain its character as a predominantly white, economically stable community for the foreseeable future, albeit with a slowly increasing level of diversity.
