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Demographic Analysis of Hindsboro, Illinois: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Hindsboro, Illinois, as of 2022, is classified as a "Low Diversity" community. The population is 94% white, indicating a strong racial majority. The village has a population of 794 and a median income of $79,254 as of 2022.
Over the past decade, Hindsboro has maintained its "Low Diversity" status. The white population has consistently comprised over 90% of the total. Minor shifts in diversity have occurred, with the Hispanic population increasing from 2% in 2013 to 5% in 2022. By 2022, small percentages (1% each) for "race_other" and "race_two_or_more" emerged, which were not present or recorded in earlier years.
The village has experienced significant economic growth over the decade. The median income increased from $51,620 in 2013 to $79,254 in 2022, representing a 53.5% increase. The population grew from 462 in 2013 to 794 in 2022, a 71.9% increase. This growth suggests an economically improving community.
Hindsboro's demographic makeup is less diverse than national averages. The village's economic growth and population increase align with trends seen in many small, growing communities across the United States.
Based on observed trends, Hindsboro is likely to maintain its "Low Diversity" status in the near future. If the gradual increase in Hispanic population and the emergence of other racial groups continue, the community might slowly transition towards a "Moderate Diversity" category over the next decade or two.
Economically, if growth trends persist, Hindsboro may continue to see increases in median income and population. This economic prosperity could potentially attract more diverse residents, further contributing to a gradual shift in the racial makeup of the community.
Hindsboro remains a predominantly white, low-diversity community. Subtle demographic shifts coupled with strong economic growth suggest the potential for increased diversity in the future. The village appears to be in the early stages of what could become a "Transitional Community" if current trends continue and accelerate.
