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Demographics
Population
Median Income
Racial Distributions
The 60622 zip code in Chicago, Illinois, is classified as a "Moderate Diversity" area with a "White Majority" as of 2022. The white population comprises 63% of residents, with Hispanic (21%) and Asian (5%) communities forming significant minorities. The median income in 2022 was $110,114, indicating a relatively high economic status compared to national averages.
Over the past decade, this zip code has experienced a subtle demographic transition. In 2013, the area was classified as "Moderate Diversity" with a "White Majority" (58% white). By 2022, while maintaining the "White Majority" status, the community showed signs of increasing diversity. The Hispanic population decreased from 28% in 2013 to 21% in 2022. The Asian population increased from 3% to 5%, and those identifying as two or more races grew from 1% to 5%. The black population decreased from 8% in 2013 to 5% in 2022.
The demographic shifts correlate with significant economic changes. The median income increased from $80,784 in 2013 to $110,114 in 2022, a 36% increase over nine years. The population remained relatively stable, fluctuating between 52,000 and 55,000 throughout the decade. This suggests that economic growth primarily benefited existing residents or attracted newcomers with similar household sizes.
The trends observed in this zip code align with broader patterns seen in many urban areas across the United States. The increase in diversity, particularly the growth in Asian population and those identifying as two or more races, reflects national demographic shifts. The substantial increase in median income is consistent with trends seen in gentrifying urban neighborhoods, where economic growth often precedes or accompanies demographic changes.
The stability in population numbers, despite rising incomes, could indicate limited housing stock growth or a transition to smaller household sizes, both common phenomena in desirable urban areas.
While the 60622 zip code maintains its "White Majority" status, it shows signs of evolving into a more diverse community. This demographic shift, coupled with significant economic growth, suggests a dynamic urban environment that may continue to attract a diverse range of residents in the coming years. The rising income levels also raise questions about affordability and potential displacement of lower-income residents, issues that often accompany such transitions in urban areas.