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Demographics
Population
Median Income
Racial Distributions
Arrow Point in Missouri is currently a predominantly White Majority community with Low Diversity, with 81% of the population identifying as white in 2022. The neighborhood is showing signs of transitioning towards greater diversity. The median income has fluctuated over the past decade, reaching $55,246 in 2022. This small village, with a population of 1,772 in 2022, is experiencing demographic shifts that are gradually altering its racial composition.
Over the past decade, Arrow Point has maintained its status as a White Majority community but is becoming a Transitional Community. The percentage of white residents has decreased from 97% in 2013 to 81% in 2022. This shift is primarily due to increases in Hispanic and multiracial populations. The Hispanic population grew from 0% in 2019 to 8% in 2022, while those identifying as two or more races increased from 2% to 11% in the same period. This trend suggests a movement towards Moderate Diversity, though it has not yet reached that threshold.
The median income in Arrow Point has shown an upward trend, with fluctuations. It rose from $41,917 in 2013 to $55,246 in 2022, representing a 31.8% increase. There was a significant increase from $52,324 in 2019 to $65,220 in 2021, followed by a decrease to $55,246 in 2022. This overall increase in median income correlates with the gradual diversification of the community, suggesting that economic opportunities may be attracting a more diverse population.
The population has fluctuated over the years, declining from 2,166 in 2010 to 1,772 in 2022. This population decrease, coupled with increasing diversity and rising incomes, could indicate a shift in the community's socio-economic landscape, possibly reflecting changing employment opportunities or housing market dynamics.
The demographic shifts observed in Arrow Point align with broader national trends of increasing diversity in rural and suburban areas. Many small towns across the United States are experiencing similar transitions, often driven by economic factors and changing migration patterns. The growth in Hispanic and multiracial populations mirrors national demographic trends, where these groups are among the fastest-growing segments of the population.
The income growth in Arrow Point outpaces the national average, which saw median household income rise by about 10% from 2010 to 2020. This suggests that Arrow Point may be experiencing more robust economic growth than many similar-sized communities across the country.
Arrow Point is in the early stages of a demographic transition, moving from a highly homogeneous White Majority community towards increased diversity. This shift, coupled with rising incomes, suggests a changing socio-economic landscape that may bring both opportunities and challenges for community cohesion and local governance in the coming years.