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Demographics
Population
Median Income
Racial Distributions
Lomax, Illinois, is classified as a community with Low Diversity. As of 2022, the white population comprises 94% of the total, exceeding the 75% threshold for this classification. The city has a population of 965 and a median income of $56,058 as of 2022, indicating modest increases in both figures over recent years.
Over the past decade, Lomax has maintained its status as a Low Diversity community. The white population has remained the dominant racial group, consistently above 94% of the total population. Minor shifts have occurred in other racial categories. The Hispanic population increased from 1% in 2013 to 3% in 2022. The population identifying as two or more races also increased from 1% in 2013 to 3% in 2022. These changes suggest a gradual trend towards slightly increased diversity, though not sufficient to alter the community's overall classification.
The median income in Lomax has shown a positive trend. It rose from $44,231 in 2013 to $46,581 in 2017, and further to $56,058 in 2022. This represents a 26.7% increase in median income over a nine-year period. This economic growth has occurred alongside the slight increase in racial diversity, suggesting that the modest diversification has not negatively impacted economic prosperity in the area.
The population has fluctuated but remains relatively stable, decreasing slightly from 982 in 2013 to 965 in 2022, a decline of about 1.7%.
Lomax's racial composition remains far less diverse than national averages, where non-Hispanic whites make up about 60% of the population. However, the income growth in Lomax appears to be outpacing national averages, which could be attracting new residents and contributing to the subtle demographic shifts.
Based on observed trends, Lomax will likely continue to be classified as a Low Diversity community for the foreseeable future. If the gradual increases in Hispanic and multiracial populations continue, the community could potentially transition into a "Transitional Community" category within the next decade or two. This would be characterized by a continued slow but steady increase in non-white populations, particularly among Hispanic and multiracial groups.
Economically, if current trends persist, continued growth in median income can be expected. This economic prosperity could potentially attract more diverse residents to the area, further contributing to gradual demographic changes.
In conclusion, while Lomax remains a predominantly white, Low Diversity community, subtle shifts in demographics coupled with strong economic growth suggest the potential for gradual change in the coming years. However, any significant shift in the community's diversity classification is likely to be a long-term process rather than an immediate transition.