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Demographic Analysis of Carol Stream, Illinois: Racial Composition and Income Trends from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Carol Stream, Illinois, exhibits characteristics of a Moderate Diversity community with a White Majority as of 2022. The white population constitutes 55% of the total, while Asian (18%), Hispanic (16%), and Black (6%) communities form significant minority groups. The city's median income of $95,690 in 2022 indicates a relatively affluent suburban area.
Carol Stream has undergone a gradual transition from Low Diversity to Moderate Diversity over the past decade. In 2013, the community was categorized as Low Diversity with a strong White Majority (65%). By 2022, the white population decreased to 55%, while Asian and Hispanic populations increased significantly. The Asian population grew from 14% in 2013 to 18% in 2022, while the Hispanic population increased from 14% to 16%. The Black population increased from 5% to 6%. This shift indicates a trend towards increasing diversity, potentially moving towards a Transitional Community status.
Carol Stream experienced substantial economic growth alongside increasing diversity. The median income rose from $85,526 in 2013 to $95,690 in 2022, an increase of about 12%. This growth suggests that the increasing diversity has not negatively impacted the community's economic prosperity. The population remained relatively stable, only increasing by about 1% from 2013 to 2022. This suggests that the economic growth was not driven by population expansion but possibly by changing demographics and economic opportunities.
The demographic shifts in Carol Stream align with broader national trends of increasing diversity in suburban areas. Many American suburbs have seen growth in Asian and Hispanic populations over the past decade, often accompanied by economic development. The stable population alongside increasing diversity and rising incomes is indicative of a maturing suburban community experiencing demographic change without rapid expansion.
Based on the observed trends, Carol Stream is likely to continue its trajectory towards greater diversity. If current trends persist, the community may transition from a White Majority to a Majority-Minority status within the next decade. The Asian and Hispanic populations are likely to continue growing, potentially reaching or exceeding 20% each. Economically, the upward trend in median income is likely to continue, albeit possibly at a slower rate. The community may see further economic diversification as it attracts more diverse residents, potentially leading to new business opportunities and cultural enrichment.
Carol Stream appears to be on a path towards becoming a High Diversity community with a strong economic base. This transition presents opportunities and challenges, including the need for inclusive policies and cultural integration strategies to maintain community cohesion and capitalize on the benefits of increased diversity.
