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Demographic Analysis of Bone Gap, Illinois: A Predominantly White Rural Village
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Bone Gap, Illinois, is classified as a "Low Diversity" community. As of 2022, the village has a population of 659 with a racial composition that is 95% white and 5% identifying as two or more races. The median income in 2022 was $62,646.
Over the past decade, Bone Gap has remained in the "Low Diversity" category. There has been a slight trend towards increased diversity. The percentage of residents identifying as two or more races has increased from 1% in 2015 to 5% in 2022, indicating a gradual shift towards a more diverse community, albeit still within the "Low Diversity" classification.
The median income in Bone Gap has fluctuated over the years. From 2013 to 2019, there was a general upward trend, peaking at $80,178 in 2019. The years following 2019 saw a decline, dropping to $50,000 in 2021 before rebounding to $62,646 in 2022. These economic fluctuations do not appear to correlate strongly with the minor demographic shifts observed.
Population trends have been relatively stable, with some fluctuations. The population peaked at 760 in 2016 and has since declined to 659 in 2022. This slight population decrease does not seem to significantly correlate with the minor increases in diversity or the economic fluctuations.
Based on the observed trends, it is likely that Bone Gap will continue to slowly increase in diversity over the coming years. While it may remain in the "Low Diversity" category for the foreseeable future, there is a possibility it could transition into a "Transitional Community" if the trend of increasing multiracial residents continues or accelerates.
Economically, the village appears to be recovering from the income decline seen in 2020-2021. If this recovery continues, median incomes may stabilize or slowly increase, potentially returning to the pre-2020 levels over the next few years. However, the declining population trend is a point of concern. If this continues, it could impact the local economy and potentially accelerate demographic changes.
In conclusion, while Bone Gap remains a predominantly white, low-diversity community, subtle shifts suggest a gradual move towards increased diversity. The economic fluctuations and population decline present challenges that may shape the village's demographic and economic landscape in the coming years.
