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Demographics
Population
Median Income
Racial Distributions
Elliott, Illinois, is a small community with low diversity, characterized by a predominantly white population of 97% as of 2022. This demographic composition has remained stable over the past decade, from 2013 to 2022. The village's racial homogeneity has been consistent, with minimal representation from other racial groups.
The Hispanic population in Elliott has shown a slight increase from 1% in 2021 to 2% in 2022. Additionally, a two-or-more races category emerged, representing 1% of the population in 2022. These minor shifts indicate a slow trend towards increased diversity in the community.
The median income in Elliott has fluctuated over the observed period. It reached a peak of $74,658 in 2018, followed by a general downward trend, declining to $58,157 in 2022. Despite these income fluctuations, the village's population has grown from 456 in 2013 to 564 in 2022, suggesting that factors other than economic opportunities may influence residency decisions.
Elliott's demographic stability contrasts with national trends towards increasing diversity in many areas of the United States. The village's racial homogeneity and slow pace of change may be indicative of its rural setting or limited economic opportunities that might otherwise attract a more diverse population.
Based on observed trends, Elliott is likely to remain a low diversity community in the near future. However, the slight increase in Hispanic population and the emergence of multiracial residents suggest a potential, albeit slow, transition towards a more diverse community composition. If these trends continue and accelerate, Elliott might eventually transition into a transitional community category, particularly if the non-white population continues to grow and economic opportunities expand.
The recent downward trend in median income is a concern for the economic outlook of Elliott. If this trend continues, it could potentially lead to outmigration of younger residents seeking better economic opportunities, which could in turn slow down any demographic diversification. The community's future demographic and economic landscape will likely depend on its ability to maintain population growth while addressing the challenges posed by fluctuating income levels and potentially limited diversity.