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Demographic Transition in Minneapolis Zip Code 55405: From White Majority to Moderate Diversity (2013-2022)
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
United States Census Bureau: American Community Survey Data (ACS)
The 55405 zip code in Minneapolis, Minnesota, transitioned from a "White Majority" area to one of "Moderate Diversity" between 2013 and 2022. In 2013, the white population constituted 68% of the total, while by 2022, this percentage had decreased to 60%. Concurrently, the Black population increased from 17% to 24%. This demographic shift indicates a trend towards greater diversity in the community.
The economic trends in the zip code show a significant increase in median income during the same period. The median income rose from $65,173 in 2013 to $80,129 in 2022, representing a 23% increase over nine years. This economic growth occurred simultaneously with the increasing diversity in the area.
The population of the zip code also experienced steady growth, increasing from 14,278 in 2013 to 15,883 in 2022, an 11% increase. This population growth, combined with rising incomes, suggests that the area has become increasingly attractive to a diverse range of residents.
The demographic shifts observed in this zip code align with broader national trends of increasing diversity in urban areas. Many U.S. cities have experienced similar patterns of white population decrease and growth in minority populations, particularly in inner-city neighborhoods.
The economic growth in this area is notable, especially given that it has occurred alongside increasing diversity. This challenges narratives that associate increasing diversity with economic decline and instead suggests a model of inclusive growth. The median income growth outpaces national averages for the same period, indicating that this zip code is becoming relatively more affluent compared to the country as a whole.
The 55405 zip code in Minneapolis represents a "Transitional Community," moving from a "White Majority" to "Moderate Diversity" over the past decade. This transition has been accompanied by significant economic growth and population increase, suggesting a dynamic and evolving urban landscape that's attracting a diverse range of residents while maintaining its economic vitality.
