The demographic shifts coincide with economic changes. The median income has shown a steady increase from $31,450 in 2013 to $43,275 in 2022, representing a 37.6% growth over the decade. This economic improvement occurred alongside the increasing diversity, suggesting a potential correlation between demographic changes and economic growth.

The population fluctuated significantly during this period, dropping from 453 in 2013 to a low of 280 in 2018, before rebounding to 506 in 2022. This U-shaped trend in population could indicate initial challenges during the transition period, followed by a revitalization as the community became more diverse and economically stronger.

The trend towards increasing diversity in Penn aligns with broader national trends of growing diversity in many American communities. The economic growth experienced by Penn also mirrors the general economic recovery and growth seen in many parts of the United States following the 2008 recession.

Based on the observed trends, Penn is likely to continue its trajectory towards greater diversity. If the current trends persist, the community might transition from a "White Majority" to a "Moderate Diversity" category in the coming years, with the potential for reaching "High Diversity" status if the growth in minority populations continues.

Economically, the steady increase in median income suggests continued growth, which could further attract diverse populations to the area. The small size of Penn means that even minor changes in population can have significant impacts on its demographic makeup.

Penn represents a microcosm of demographic and economic shifts occurring in many small American communities. Its transition from low diversity to moderate diversity, coupled with economic growth, showcases the dynamic nature of small-town America in the 21st century. The community's future will likely be shaped by how it navigates and embraces these ongoing changes.