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Demographic Analysis of Chicago Zip Code 60655: A White Majority Area with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 60655 in Chicago, Illinois, is characterized as a "White Majority" area with low diversity as of 2022. The population stands at 27,318 with a median income of $104,387, indicating an affluent neighborhood. The racial composition shows a predominance of the white population at 81%, followed by Hispanic residents at 10%.
Over the past decade, this zip code has maintained its "White Majority" status, with the white population consistently remaining above 80%. However, subtle signs of increasing diversity are evident. The Hispanic population has shown a steady increase from 5% in 2013 to 10% in 2022. The "Two or More Races" category emerged in the data from 2019 onwards, growing to 3% by 2022. Concurrently, the white population has decreased slightly from 86% in 2013 to 81% in 2022.
The median income in this zip code has shown overall growth, rising from $99,746 in 2013 to $104,387 in 2022, with some fluctuations. The median income reached its peak of $110,581 in 2021. The gradual increase in income correlates with the slight increase in diversity, suggesting that the area's economic prosperity may be attracting a more diverse population. Despite minor fluctuations, the overall population has remained relatively stable, decreasing slightly from 28,257 in 2013 to 27,318 in 2022.
The median income of $104,387 in 2022 is significantly higher than the national median household income, which was around $70,784 in 2021. This indicates that this zip code represents an upper-middle-class to affluent area within Chicago. The slow increase in diversity, particularly in the Hispanic population, aligns with broader national trends of increasing diversity in urban and suburban areas. However, the rate of diversification in this zip code appears to be slower than in many other urban areas across the United States.
The area's ability to maintain high median incomes, even through recent economic challenges, suggests a level of economic resilience. This may not be typical of all urban neighborhoods. The slow pace of diversification compared to national trends may indicate specific local factors influencing demographic patterns.
In conclusion, zip code 60655 in Chicago remains a predominantly white, affluent area with low diversity. However, there are subtle signs of demographic shifts towards greater diversity. These changes, coupled with consistently high median incomes, suggest a gradual evolution of the community's composition while maintaining its economic strength.
