Loading Content...
Racial Composition and Economic Growth in Zip Code 55389: A Study of Low Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 55389 in Watkins, Minnesota, is classified as a "Low Diversity" community as of 2022. The population is 95% white, indicating a highly homogeneous racial composition. The median income in 2022 was $76,278, an increase from $54,576 in 2013, suggesting economic growth in the area.
From 2013 to 2022, the zip code maintained its "Low Diversity" status. The white population remained above 94% throughout this period. Minor demographic shifts occurred, with the Hispanic population increasing from 1% to 3%, and those identifying as two or more races growing from 0% to 2%. These changes indicate a slow diversification process, though the community remains predominantly white.
The median income experienced significant growth, rising by approximately 40% over nine years. This economic trend correlates with the maintained racial homogeneity, suggesting economic prosperity within the predominantly white community. The population remained relatively stable, decreasing slightly from 2,557 in 2013 to 2,737 in 2022.
The economic growth in this area is notable, particularly given the challenges often faced by rural areas. The median household income in zip code 55389 surpassed the national average of $70,784 (as of 2021). The slow pace of diversification in this community contrasts with broader national trends towards increasing racial and ethnic diversity, especially in urban and suburban areas.
In conclusion, zip code 55389 in Watkins, Minnesota, has experienced significant economic growth over the past decade while maintaining its status as a "Low Diversity" community. The area shows signs of very gradual diversification, but these changes are minimal compared to the overall stability of its racial composition. This pattern of economic growth without significant demographic change may have implications for community dynamics, local policies, and future development in the area.
