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Demographics
Population
Median Income
Racial Distributions
Farina, Illinois, is categorized as a "Low Diversity" community. As of 2022, the racial composition shows a white majority of 90%, with the remaining 10% identified as two or more races. The median income in 2022 was $59,193, and the population stood at 1,368.
Over the past decade, Farina has maintained its status as a "Low Diversity" community. From 2013 to 2021, the white population consistently comprised over 95% of the total, often reaching as high as 99-100%. In 2022, a shift occurred with the percentage of residents identifying as two or more races increasing from 1% to 10%, while the white population decreased from 99% to 90%. This change does not alter the overall "Low Diversity" categorization but suggests the beginning of a potential transition.
The median income in Farina has shown fluctuation over the past decade. Starting from $44,396 in 2013, it reached a peak of $55,119 in 2016, followed by a decline to $45,902 in 2018. Since then, there has been a general upward trend, with the median income reaching $59,193 in 2022. This overall increase in median income correlates with the slight increase in racial diversity observed in the most recent year.
The population has fluctuated, peaking at 1,547 in 2014 and reaching its lowest point of 1,209 in 2017. Since 2017, there has been a steady increase in population, reaching 1,368 in 2022. This population growth coincides with the increase in median income and the recent shift towards slightly more racial diversity.
Many rural American communities have experienced similar patterns of low racial diversity. The recent increase in residents identifying as two or more races could indicate a broader trend of increasing diversity, even in traditionally homogeneous areas.
Based on the observed trends, particularly the significant increase in residents identifying as two or more races in 2022, Farina may be transitioning from a "Low Diversity" community to a "Transitional Community." If this trend continues, further increases in racial diversity may occur over the coming years.
Economically, the upward trend in median income since 2018 suggests a potential for continued economic growth. This, coupled with the steady population increase since 2017, indicates a community that may be becoming more attractive to a diverse range of residents.
Farina remains categorized as a "Low Diversity" community, but recent data suggests the beginnings of a demographic shift. If these trends persist, Farina may evolve into a more diverse and economically robust community in the coming years, potentially transitioning into the "Moderate Diversity" category over the next decade.