Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Cambridge, Illinois, is classified as a Low Diversity community with a White Majority. As of 2022, the white population comprises 94% of the total, with minimal representation from other racial groups. The city's median income in 2022 is $63,594, reflecting a moderate economic status for its 2,406 residents.
Over the past decade, Cambridge has maintained its status as a Low Diversity community with a White Majority. The white population has remained stable, fluctuating between 92% and 95% from 2013 to 2022. There has been a slight increase in diversity, with the black population consistently at 2-3% and a recent increase in the Asian and two or more races categories to 1% and 3% respectively in 2022. The Hispanic population has remained steady at around 1% throughout the decade.
The median income in Cambridge has fluctuated over the years. It peaked in 2013 at $66,809 and reached its lowest point in 2017 at $62,391. There was a notable increase from 2020 to 2021, rising from $65,367 to $68,146, before dropping again in 2022 to $63,594. These economic fluctuations do not appear to correlate strongly with the minor demographic shifts.
Population trends show a slight decline from 2,534 in 2010 to 2,406 in 2022, with some fluctuations in between. This modest population decrease has not significantly impacted the racial composition of the community.
Cambridge appears to be maintaining its homogeneous racial composition, which is less common in many parts of the country, particularly in urban and suburban areas that have seen more significant demographic shifts over the past decade.
Based on the observed trends, it is likely that Cambridge will remain a Low Diversity community with a White Majority in the near future. However, the slight increases in Asian, black, and multi-racial populations suggest a very gradual trend towards increased diversity. If this trend continues and accelerates, the community might eventually transition into a Moderate Diversity category, but this would likely take several decades at the current rate of change.
Economically, the fluctuations in median income suggest some economic instability. Without more information on local industries or economic drivers, it is difficult to predict future economic trends with certainty. However, if the community follows national trends, it may see a slow increase in median income over time, barring any significant local economic disruptions.
In conclusion, while Cambridge is experiencing very gradual demographic changes and some economic fluctuations, it remains a stable, predominantly white community with a moderate income level. The pace of change suggests that significant shifts in the community's demographic or economic character are unlikely in the immediate future.