Demand pull inflation arises where there is an increase in aggregate demand[?] in an economy relative to aggregate supply[?]. This is commonly described as "too much money chasing too few goods[?]". This would not be expected to persist over time due to increases in supply, unless the economy is already at a full employment level.
The term demand pull inflation is mostly associated with Keynesian economics.
... Demographics
As of the census of 2000, there are 5,013 people, 1,455 households, and 1,223 families residing in the town. The population density is 1,433.7/km² ...