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Demographic Analysis of Donovan, Illinois: Racial Composition and Economic Trends (2013-2022)
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Donovan, Illinois, as of 2022, is categorized as a community with Low Diversity. The racial composition shows a White Majority, with 82% of the population identifying as white. This small village, with a population of 298 in 2022, has experienced demographic shifts over the past decade, alongside fluctuations in median income.
Throughout the analyzed period (2013-2022), Donovan has consistently maintained its status as a White Majority community. There are indications of a gradual shift towards increased diversity. The white population percentage decreased from 93% in 2013 to 82% in 2022. The percentage of individuals identifying as two or more races increased from 1% in 2013 to 11% in 2022. The Hispanic population saw a slight increase from 6% in 2013 to 5% in 2022, with some fluctuations in between.
The median income in Donovan has shown an upward trend. In 2013, the median income was $41,617. It decreased to $38,455 in 2015. Since then, it has increased, reaching $63,515 in 2022. This represents a 52.6% increase in median income from 2013 to 2022. This economic growth coincides with the subtle increases in diversity.
Based on the observed trends, Donovan will likely continue to see gradual increases in diversity over the coming years. While it may remain in the Low Diversity category in the near term, there is potential for it to transition into a Moderate Diversity community if current trends persist.
Economically, the increase in median income suggests continued economic growth. If this trend continues, it could potentially attract more diverse residents to the area, further accelerating the demographic shift.
In conclusion, while Donovan remains a predominantly white community with low diversity, shifts in demographics and improvements in median income point to a community in transition. Over the next decade, this village might evolve towards increased diversity and economic prosperity, potentially transitioning from Low Diversity to Moderate Diversity if current trends continue.
