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Demographics
Population
Median Income
Racial Distributions
The 61604 zip code in Peoria, Illinois, is classified as a "Moderate Diversity" community as of 2022. The white population comprises 60% of the area, while the Black population accounts for 25%. This racial composition indicates a mix of racial groups with a white majority. The median income in 2022 was $51,925, suggesting a lower-middle-income suburban area.
Over the past decade, the zip code has maintained its "Moderate Diversity" status. However, subtle shifts have occurred within this classification. The white population decreased from 63% in 2013 to 60% in 2022. The Black population remained relatively stable, fluctuating between 24-28% over the decade. The Hispanic population increased from 4% in 2013 to 7% in 2022, showing the most significant growth among minority groups. The population identifying as two or more races doubled from 3% in 2013 to 6% in 2022.
These demographic shifts suggest a slow movement towards becoming a "Transitional Community," particularly with the growth in Hispanic and multiracial populations. The median income has shown an upward trend, increasing from $44,461 in 2013 to $51,925 in 2022, representing a 16.8% increase over the decade. This income growth correlates with the increasing diversity, potentially indicating that the influx of new racial groups may be tied to economic opportunities in the area.
The population has decreased from 30,599 in 2013 to 27,967 in 2022, a 8.6% decline. This population decrease, coupled with income growth, could indicate a gentrification process where some lower-income residents may have been priced out of the area.
The demographic shifts observed in this zip code align with broader national trends of increasing diversity in suburban areas. The growth in Hispanic and multiracial populations reflects similar patterns seen across many U.S. cities and suburbs over the past decade. The income growth, while positive, may not have kept pace with national averages, potentially indicating some economic challenges in the region. The population decline is also noteworthy and could be part of a larger trend of population loss in smaller Midwestern cities.
The 61604 zip code in Peoria has maintained its "Moderate Diversity" status over the past decade but shows signs of transitioning towards greater diversity. This shift is accompanied by modest economic growth but also population loss, presenting both opportunities and challenges for the community. Local policymakers and community leaders may need to focus on inclusive growth strategies to ensure that the benefits of increasing diversity and economic development are shared equitably among all residents.