Loading Content...
Demographic Analysis of Camargo, Illinois: A Study of Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Camargo, Illinois, exhibits a low diversity demographic profile, categorized as a "White Majority" community. As of 2022, the white population constitutes 99% of the total, with minimal representation from other racial groups. The village's population of 854 in 2022 and a median income of $61,874 provide the economic context for this analysis.
Over the past decade, Camargo has consistently maintained its status as a "White Majority" community, with the white population percentage ranging from 97% to 99%. This indicates a stable racial composition with minimal change. The community has not transitioned between categories in our library of terms, remaining in the "Low Diversity" classification throughout the observed period.
The median income in Camargo has shown fluctuations over the years. From 2013 to 2022, there was an overall increase from $52,977 to $61,874, representing about a 16.8% growth. However, this growth was not linear, with significant variations. A peak of $75,946 was observed in 2021, a low point of $50,641 in 2016, and a recent decrease from 2021 to 2022. These economic shifts do not appear to correlate strongly with demographic changes, given the stable racial composition.
The population has shown a slight overall decline from 1,015 in 2013 to 854 in 2022, about a 15.9% decrease. This population decrease, coupled with income fluctuations, suggests potential economic challenges or changes in the local economy that may be influencing residents' decisions to stay or leave.
Camargo's racial homogeneity is atypical for many parts of the United States, which have generally been trending towards greater diversity. The income fluctuations and population decline might align with trends seen in some rural or small-town communities facing economic challenges or population loss to urban areas.
Based on the observed trends, it seems likely that Camargo will maintain its "White Majority" and "Low Diversity" status in the near future. The extremely high percentage of white residents (99%) and the lack of significant change over a decade suggest that major demographic shifts are unlikely in the short term.
Economically, the recent downward trend in median income from 2021 to 2022, combined with the ongoing population decline, might indicate continued economic challenges. If this trend continues, it could potentially lead to further population loss as residents seek opportunities elsewhere.
Small communities can be significantly impacted by relatively minor changes. The introduction of a new employer or a shift in local policies could potentially alter these trajectories. While unlikely in the short term, any such changes could gradually move the community towards a "Transitional Community" status, particularly if they result in attracting a more diverse population or reversing the population decline.
In conclusion, while Camargo appears stable in its demographic composition, its economic fluctuations and population decline warrant attention. These factors may be key in shaping the village's future more than any immediate demographic shifts.
